For sale

Price cut: $135K (7/15)

$2,250,000

11062 Excelsior Dr, Norwalk, CA 90650

16beds

8baths

6,775sqft

$15,287/mo

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Multi Family

Built in 1969

-- sqft lot

$-- Zestimate^®

$332/sqft

$-- HOA

What's special

PRICE IMPROVEMENT! Now priced at $281K/unit with a current 6.69% CAP & 9.4 GRM, this 8-unit delivers immediate cash flow. The subject property is 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.

71 days

338

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 8

Heating

Wall

Cooling

None

Interior area

Total structure area: 6,775
Total interior livable area: 6,775 sqft

Property

Parking

Parking features: Garage - 1 Car, Parking Space
Has garage: Yes

Features

Levels: Two

Lot

Size: 0.35 Acres

Details

Additional structures: None
Parcel number: 8078023015
Zoning: NOR317U*
Special conditions: Standard
Other equipment: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1969

Community & HOA

Location

Region: Norwalk

Financial & listing details

Price per square foot: $332/sqft
Tax assessed value: $595,709
Annual tax amount: $10,079
Date on market: 5/13/2026

Estimated market value

Not available

Estimated sales range

Not available

$2,361/mo

Price history

Date	Event	Price
7/15/2026	Price change	$2,250,000-5.7%$332/sqft
Source: CLAW #26833773 Report a problem
6/15/2026	Price change	$2,385,000-4%$352/sqft
Source: CLAW #26833773 Report a problem
5/13/2026	Listed for sale	$2,485,000+553.9%$367/sqft
Source: CLAW #26833773 Report a problem
9/1/1998	Sold	$380,000+14.1%$56/sqft
Source: Public Record Report a problem
9/28/1994	Sold	$332,960+84%$49/sqft
Source: Public Record Report a problem
9/20/1993	Sold	$181,000$27/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,079 +6.8%	$595,709 +2%
2024	$9,437 +3.1%	$584,030 +2%
2023	$9,157 +1.7%	$572,579 +2%
2022	$9,007 +1.8%	$561,353 +2%
2021	$8,849 +2.1%	$550,347 +1%
2020	$8,667	$544,705 +2%
2019	$8,667 +5.8%	$534,025 +2%
2018	$8,191	$523,555 +2%
2017	$8,191 +2.2%	$513,290 +2%
2016	$8,014 +3.3%	$503,227 +1.5%
2015	$7,761 +6.8%	$495,669 +2%
2014	$7,266	$485,960 +5%
2009	--	$462,604 +2%
2008	--	$453,534 +2%
2007	--	$444,642 +2%
2005	--	$435,925 +6%
2003	--	$411,321

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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