Eight-Unit Apartment Building

11062 Excelsior Dr, Norwalk, CA 90650

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For Sale

$2,385,000

MULTI_FAMILY - Norwalk, CA

Property size:

6,775 SF

Lot size:

0.35 Acres

Price / SF:

$352/SF

HighLights

8‑unit apartment building with all 2‑bedroom, 1‑bathroom units
Cap rate of 6.25% and 9.96 GRM on actual income (as stated in remarks)
Separate gas and electric meters
Recent improvements include a new roof, new fascia, and new exterior paint
Garage parking; property built in 1969

We can help!

Contact an agent

Nicholas Petrosian

For Sale

$2,385,000

MULTI_FAMILY - Norwalk, CA

Property size:

6,775 SF

Lot size:

0.35 Acres

Price / SF:

$352/SF

Added:: May 13, 2026
Days on Market:: 50
Last Refresh:: Jul 1 at 9:06 am

Property Features for 11062 Excelsior Dr

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: NOR317U*
Bedrooms: 16
Bathrooms: 8
Rooms: Bedroom 11, Bedroom 16, Bedroom 2, Bedroom 5, Bedroom 8, Bedroom 13, Bathroom 5, Bathroom 6, Bedroom 10, Bedroom 6, Bedroom 7, Bedroom 1, Bathroom 7, Bathroom 8, Bathroom 2, Bathroom 3, Bedroom 9, Bedroom 12, Bathroom 4, Bathroom 1, Bedroom 15, Bedroom 4, Bedroom 3, Bedroom 14
Parking features: Garage
Standard status: Active
APN: 8078-023-015
Size: 6,775 SF
Lot size: 0.35 Acres

Building Details

Year built: 1969
Floors in Building: 2
Number of units: 8

We can help!

Contact an agent

Nicholas Petrosian

Listing agent Nicholas Petrosian License #01462598

Listing office Remax Commercial and Investment Realty 99 S Lake Ave., Torrance, CA

Listing date May 13, 2026

MLS# 26833773 Listing URL

HighLights

8‑unit apartment building with all 2‑bedroom, 1‑bathroom units
Cap rate of 6.25% and 9.96 GRM on actual income (as stated in remarks)
Separate gas and electric meters
Recent improvements include a new roof, new fascia, and new exterior paint
Garage parking; property built in 1969

Overview

This offering is an eight-unit apartment building in Norwalk, CA, configured as an all 2-bedroom and 1-bath unit mix. Each unit has separate gas and electric meters, supporting independent utility management. The property has undergone recent exterior improvements, including a new roof, new fascia, and new exterior paint.

The building sits on a lot sized at 0.3487 acres and is zoned NOR317U*, providing a basis for multifamily residential use under the local zoning designation. The subject property is located at 11062 Excelsior Dr, within Los Angeles County.

For buyers seeking a straightforward multifamily asset with a uniform unit mix, this property offers consistent 2 bed/1 bath floor plans across all eight units. The recent roof and exterior updates can help reduce near-term exterior maintenance items, while the separate metering supports practical operations. This is being marketed as a for-sale investment opportunity.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Norwalk
County: Los Angeles
State: California
Longitude: -118.09775
Latitude: 33.894138

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For sale
Apartment buildings
CA
Norwalk
90650
11062 Excelsior Dr

What type of property is this?

Apartment building - Eight 2-bedroom/1-bath apartments with separate gas and electric meters, plus recent roof and exterior improvements.

Where is this apartment building located?

The property is located at 11062 Excelsior Dr Norwalk, CA.

What is the asking price?

The asking price for this property is $2,385,000.

What are key features of this property?

This property features: 8‑unit apartment building with all 2‑bedroom, 1‑bathroom units; Cap rate of 6.25% and 9.96 GRM on actual income (as stated in remarks); Separate gas and electric meters

11062 Excelsior Dr, Norwalk, CA 90650

MULTI_FAMILY - Norwalk, CA

Property Features for 11062 Excelsior Dr

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Multi-Building Restaurant Investment Property

Corner-Lot Quadruplex with Garages

Corner Mixed-Use Building

Retail Building with Monument Signage

Income-Producing Restaurant Investment Opportunity

Established Restaurant Business Opportunity

Freestanding Office Building

Historic Office Building

Retail Strip on Rosecrans Avenue

Norwalk Retail Investment Opportunity

Turnkey Corner-Lot Fourplex

Medical Office Building with Three Suites

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