Property Detail

11062 Excelsior

Norwalk CA 90650

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$2,385,000

Status: Active

Property Details

Description

Now offered at a 6.25% cap rate and 9.96 GRM on actual income. 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. Excellent unit mix and long-term investment fundamentals in a high-demand rental location.

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