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Property profile & analytics
FOR SALE
Apartment buildings
11062 Excelsior Dr Norwalk, CA 90650
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8593966
For Sale
1 / 16
$2,250,000
11062 Excelsior Dr, Norwalk, CA 90650
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
6,775 SF
Lot
0.35 ac (15,187 SF)
Zoning code
NOR317U*
APN
8078-023-015
UPID
US09-8593966
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1,000k
Blend (final)
Blend
$805k
Owner & transaction history
Rmmm LLC · 17 yrs held
Rmmm LLC
since 2008
7 recorded transactions
Zoning & alternative use
NOR317U* · Norwalk, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$805k
Range $725k – $886k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$119 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,437
Tax year 2024
Assessed value
$584,030
Assessed 2024
Previous assessed
$584,030
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$218,239
Assessed improvement
$365,791
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1969
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
3
Units
8
Bathrooms
8
Total area
6,775 SF
Lot
0.35 ac (15,187 SF)
Zoning code
NOR317U*
APN
8078-023-015
UPID
US09-8593966
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOR317U* · Norwalk, CA
Zoning NOR317U* · permitted uses
NOR317U* · Norwalk, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
3
Units
8
Bathrooms
8
Lot
0.35 ac
Current owner
From public records · entity-resolved
Rmmm LLC
Entity
Mailing address
8326 BONNIE BRAE DR, BUENA PARK, CA 90621-1008
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2021
—
Rmmm LLC
—
Deed
related
$1,222,000 · Farmers & Merchants Bank Of Long Beach
Jun 29, 2018
—
Rmmm LLC
—
Deed
related
$1,250,000 · Financial Ptrs Cu
Oct 22, 2008
—
Rmmm LLC
Rmmm LLC
Grant Deed
related
$880,000 · First Federal Bank
Dec 17, 2004
—
Rmmm LLC
Fruto,ron R
Grant Deed
related
—
Sep 1, 1998
$380,000
Fruto,ron R & Min S
Sassoons,harry & Catherine
Trustees Deed
$285,000 · Omni Bank
Sep 1, 1998
—
Harry Sassoon
Sassoon,c
Quit Claim Deed
related
—
Mar 9, 1995
—
Sassoon Harry
Sassoon,h & C S Trustee
Quit Claim Deed
related
—
Sep 28, 1994
$332,960
Harry Sassoon
Sassoon,albert
Trustees Deed
related
—
Sep 20, 1993
$181,000
Albert Y Sassoon
Sassoon,harry &
Grant Deed
related
—
—
—
Albert Sassoon
—
Deed Of Trust
related
$300,000 · Individual
—
—
Harry An Sassoon
—
Deed Of Trust
related
$199,725 · Sassoon Albert
—
—
Rmmm LLC
—
Deed Of Trust
related
$1,250,000 · Financial Ptrs Cu
—
—
Rmmm LLC
—
Deed Of Trust
related
$638,000 · Lasalle National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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