Multi-Family for sale in Southern California — $2,250,000. 16 beds · 8 baths · 6,775 sqft. 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 a…
$2,250,000
11062 Excelsior Drive, Norwalk, CA 90650
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.
Listing updated: July 15, 2026 at 11:18 AM
Listed by: Nicholas Petrosian, Remax Commercial and Investment Realty
Source: CRMLS, MLS#: 26833773, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
7/15/2026 Source: CRMLS, #26833773 | Price change | $2,250,000$332/sqft-5.7% |
| 5/13/2026Source: CRMLS, #26833773 | Listed for sale | $2,385,000$352/sqft |
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