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11536-11544 Imperial Hwy
Norwalk, CA 90650

$6,400,000 USD

Apartments For Sale  •  16,421 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,421 SF
  • Lot Size 0.73 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.08 %
  • Zoning NOC1*
49 Transit Score
81 Walk Score

Highlights

First Time on the Market in 45 Years
Substantial Rental Upside
70% of Units Have Been Renovated with Paint, Flooring and New Appliances
Potential to Add ADU Units
Directly Across Street from New Tesla Dealership
Nearby Retail Amenities Include Target, Starbucks & Costco

Property Flyers

Financial Summary (Actual)

Net Operating Income: $389,319 USD (2024)
Cap Rate: 6.08 %
Total Expenses: $221,374 USD

Amenities

  • Air Conditioning
  • Gated

Public Transportation

Commuter RailDriveWalkDistance
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.8 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 7.1 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 20 min - 12.5 mi
Los Angeles International 27 min - 20.6 mi
John Wayne/Orange County 31 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 43
Type: Surface
Included in Rent: Yes
Peter Gillin 949-630-0592 Morgan-Skenderian Investment Real Estate Group
Peter Gillin 949-630-0592 Morgan-Skenderian Investment Real Estate Group