$2,385,000
$100K PRICE DROP

11062 Excelsior Dr Norwalk, CA 90650

Estimated payment $15,305/month

Total Views 5,285
16 Beds
8 Baths
6,775 Sq Ft
$352 Price per Sq Ft

About This Home

Now offered at a 6.25% cap rate and 9.96 GRM on actual income. 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. Excellent unit mix and long-term investment fundamentals in a high-demand rental location.

Listing Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 05/13/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Parking

  • 1 Car Garage

Interior Spaces

  • 6,775 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Additional Features

  • 15,191 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 8078-023-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6775
  • Lot Acreage: 0.3487
  • Year Built: 1969
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 352.03

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 1 Car, Parking Space

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 62.63
  • Assessed Improvement Value: 373106
  • Assessed Land Percent: 37.37
  • Assessed Land Value: 222603
  • Total Assessed Value: 595709
  • Assessor Parcel Number: 8078-023-015
  • Lot Size Area: 15191

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 9.96
  • Number Of Units: 8
  • Type Of Units: Multifamily

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2026 06/15/26 Price Changed $2,385,000 -4.0% $352 / Sq Ft
05/13/2026 05/13/26 For Sale $2,485,000 -- $367 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26833773

The MLS
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