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$7,600,000
11026 Imperial Hwy, Norwalk, CA 90650
0 Beds
0 Baths
17,686 SqFt

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11026 Imperial Highway is a 32-unit multifamily investment property located in Norwalk, California. Situated on a 0.73-acre lot, 11026 Imperial Highway offers 31, one-bedroom units and 1, two-bedroom unit and features gated pedestrian and parking access, surface parking, and two on-site laundry facilities. 11026 Imperial Highway is situated in a desirable southeast Los Angeles location, providing residents with convenient access to a plethora of dining, entertainment, and retail options including the Stonewood Center, Promenade at Downey and more. Additionally, the property is located within one mile of all three levels of schooling including Johnston Elementary School, Corvallis Middle School, and Norwalk High School as well as just over 2 miles from Cerritos College. 11026 Imperial Highway’s close proximity to Interstates 605 and 5 provide residents with convenient access to employment hubs throughout Los Angeles and Orange Counties.
  • Price:
  • $7,600,000
  • Square Footage:
  • 17,686
  • Acreage:
  • 0.73
  • Year Built:
  • 1963
  • Listing ID #:
  • OC22204830
  • Street Address:
  • 11026 Imperial Hwy
  • City:
  • Norwalk
  • State:
  • California
  • Postal Code:
  • 90650
  • County:
  • Los Angeles
  • Community:
  • Not Defined
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Number Of Floors In Unit:
  • Two
  • Number Of Units:
  • 32
  • Stories:
  • 2
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 17686
  • Walls:
  • No Common Walls
  • Year Built:
  • 1963
  • Year Built Source:
  • Assessor
  • Annual Electric Expenses:
  • 19583
  • Annual Insurance Expenses:
  • 9683
  • Annual Maintenance Expenses:
  • 19200
  • Annual Trash Expenses:
  • 7626
  • Annual Water/Sewer Expenses:
  • 19585
  • Gross Income:
  • 632613
  • Net Operating Income:
  • 356683
  • Operating Expense:
  • 257090
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Nor3-P*
  • Lot Features:
  • Lawn, Street Level
  • Lot Size:
  • 0.73
  • Lot Square Footage:
  • 31798.8
  • Community Features:
  • Curbs, Sidewalks
  • Days On Market:
  • 77
  • Lease Rate:
  • 52335
  • On Market Date:
  • 2022-09-19
  • Originating Mls:
  • Crmls
  • Previous Listing Price:
  • 8000000
  • Terms:
  • Cash To New Loan, 1031 Exchange
  • Laundry:
  • Common Area
  • Parking Spaces:
  • 32
  • Uncovered Parking Spaces:
  • 32
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Tyler Leeson with Marcus & Millichap RE Invest
  • CACRMLS

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