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Millman Team Real Estate

$2,250,000
16 Bed
8 Bath
6,775 Sqft
0.35 Acre Lot

11062 Excelsior Drive, Norwalk, California 90650

  • Residential Income Property Type
  • 6,775 Sqft Square Footage
  • Garage Cars Garage
  • 1969 Year Built
Property Description

PRICE IMPROVEMENT! Now priced at $281K/unit with a current 6.69% CAP & 9.4 GRM, this 8-unit delivers immediate cash flow. The subject property is 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.

Basic Details
Residential Income
For Sale
26833773
$2,250,000
16
8
6,775 Sqft
1969
0.35 Acre
Active Under Contract
Features
: Wall Furnace
: None
: Garage, Door-Single, One Space
$0
Address Map
CA
Los Angeles
Norwalk
90650
Excelsior
11062
Drive
W119° 54' 8.1''
N33° 53' 38.9''
North of Alondra Boulevard and East of Studebaker Road
M1 - Norwalk
NOR317U*
Additional Information
$0
$0
$0
$0
$0
6775
: Two
8
2026-05-13
2385000
2
Broker/Agent Information
Remax Commercial and Investment Realty
Nicholas Petrosian
Listing Information
CLW-C107472
CLW-X7538301
Active Under Contract
2026-07-23T23:38:26Z
CRMLS
: Standard
2026-07-23T00:00:00Z
Agent info
Ray Millman
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