Description
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 5.94% current cap rate and 10.38 GRM with additional ADU potential (buyer to verify). Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
Details
Property ID 26833773
16
Bedrooms
8
Bathrooms
Property Size 6775 Sqft
Land Area 0.3487 Acres
Year Built 1969
Updated on June 2, 2026 at 9:58 pm
Additional details
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Cooling: None
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Heating: Wall Furnace
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County: Los Angeles
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Property Type: Residential Income
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Parking: Door-Single, Garage, One Space
Address
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Address: 11062 Excelsior Drive
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Zip/Postal Code: 90650
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