11062 Excelsior Drive
Norwalk, CA 90650
$2,485,000
About This Home
8-unit apartment investment located in a strong Norwalk rental market. The property features an all 2-bedroom/1-bathroom unit mix with separate gas and electric meters. Recent improvements include a new roof, new fascia, and new exterior paint. The property is offered at a 5.78% current cap rate and 10.58 GRM with additional ADU potential (buyer to verify). Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
Property Details
Location
Listed by
Nicholas Petrosian
Remax Commercial and Investment Realty
MLS# CLW-C107472
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