$2,485,000
11062 Excelsior Drive, Norwalk CA 90650
Multi-Family (8 Units)
Property type
23 days
On market
$367
Price per sqft
N/A
Garage
1969
Year built
15,191 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Nicholas Petrosian DRE #01462598 949-607-7096, Remax Commercial and Investment Realty
Listing updated: Jun 2, 2026 at 09:58pm.
Last checked: Jun 2, 2026 at 10:30pm
Source: CRMLS #26833773
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 2 | 1 | — | $2,494 | $19,955 | $20,800 | Unfurnished |
# of Buildings: 2
# of Units Total: 8
Financial Snapshot
Gross Rent Multiplier
10.4x
List Price / Annual Gross Rent
Cap Rate
5.94%
NOI / List Price
Net Operating Income: $147,504
Interior
Cooling: None
Heating: Wall Furnace
Exterior
Stories Total: 0
Levels: Two
Garage and Parking
Parking: Door Single, Garage, One Space
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 8078023015
Zoning: NOR317U*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 11062 Excelsior Drive, Norwalk, CA 90650. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,988,000
Total Interest
$2,535,584
Total Payment
$4,523,584
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,304
per month
Property History for 11062 Excelsior Drive
Norwalk Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90650.
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