Commercial Real Estate Market in Norwalk, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
47 active listings and 1,052 off-market properties in Norwalk, CA. Commercial property asks $363/SF to buy and $26.44/SF/Yr to lease.
Market Trends
Norwalk, CA spans 9.9 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Norwalk, CA asks $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Norwalk, CA asks $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Norwalk, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Norwalk, CA asks $330/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 74.7%
- Commercial 8.9%
- Industrial 7.1%
- Open space 4.9%
- Civic 3.8%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Single Family Residential
General Commercial
High Density Residential
Institutional
Heavy Manufacturing
Norwalk, CA zones 4,644 acres across 39 districts. Commercial zoning covers 8.9% of zoned land, residential 74.7%, open space 4.9% and industrial 7.1%. The largest single district is Single Family Residential at 66.4%. For commercial buyers the practical constraint is that only 16% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
Subject Affects Ord. 26-1768 pdf 2026-04-07 Amends Subdivisions: Approval Procedures; Amends Zoning: Use Regulations; Amends Residential Zones; Amends Commercial Zones Ch 16.02 , Ch 17.04 , Ch 17.05 , Ch 17.06 Article I R-1 Zone, Single-Family Residential Zone § 17.05.010 Permitted uses. § 17.05.020 Building height. § 17.05.030 Front yard. § 17.05.040 Side y…
Market overview
Demographics & Economy
Norwalk, CA has 102,891 residents in 27,346 households. Density runs 10,390 people per square mile. Median household income here is $98,709 and median gross rent $2,014 a month.
102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,390
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Artesia | $363 (county avg) | — |
| Cerritos | $363 (county avg) | — |
| Bellflower | $363 (county avg) | — |
| Santa Fe Springs | $363 (county avg) | — |
Commercial property in Norwalk, CA asks $363/SF. The 4 bordering markets run from $363/SF in Artesia to $363/SF in Artesia, and the city sits in line with their $363/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Norwalk?
Commercial property in Norwalk, CA asks an average of $363 per square foot. The 8 most recent recorded sales traded at a median of $368/SF. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in Norwalk?
Asking lease rates in Norwalk, CA average $26.44 per square foot per year.
How does Norwalk compare to nearby markets on price?
Norwalk, CA asks $363/SF against $363/SF in Artesia, $363/SF in Cerritos, $363/SF in Bellflower and $363/SF in Santa Fe Springs.
What zoning applies to commercial property in Norwalk?
Norwalk, CA zones 4,644 acres across 39 districts, of which 8.9% is commercial and 7.1% industrial. The largest single district is Single Family Residential at 66.4% of zoned land. Subject Affects Ord. 26-1768 pdf 2026-04-07 Amends Subdivisions: Approval Procedures; Amends Zoning: Use Regulations; Amends Residential Zones; Amends Commercial Zones Ch 16.02 , Ch 17.04 , Ch 17.05 , Ch 17.06 Article I R-1 Zone, Single-Family Residential Zone § 17.05.010 Permitted uses. § 17.05.020 Building height. § 17.05.030 Front yard. § 17.05.040 Side y… Residential zoning covers 74.7% and open space 4.9%.
Where does Realmo's Norwalk market data come from?
Realmo compiles Norwalk, CA figures from 8 recent recorded sales, 30 active sale listings, 17 active lease listings, 1,052 tracked off-market properties, the current Norwalk zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 17 active for-lease listings in Norwalk, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,644 zoned acres across 39 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
