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$ 7,295,000
Est. payment /mo
Pending
11026 Imperial HWY Norwalk, CA 90650
0.73 Acres Lot
UPDATED:
12/05/2024 07:10 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID OC24096653
HOA Y/N No
Year Built 1963
Lot Size 0.730 Acres
Property Description
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, as well as amenities including gated pedestrian and parking access, surface parking, and two on-site laundry facilities. Residents at 11026 Imperial Highway benefit from the property’s optimal Norwalk Location, in close proximity to an abundance of retail, dining, and entertainment options at popular destinations including Stonewood Center, Downey Landing, and The Promenade at Downey. 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 5, 105, and 605, as well as the Norwalk Light Rail Station, provides residents with convenient access to employment hubs throughout Los Angeles and Orange Counties. The area surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation and retail amenities. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 11026 Imperial Highway.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning NOR3-P*
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 32
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8050032027
Energy Description 20542.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com