Skip to main content

Multifamily

11026 Imperial Highway

11026 Imperial Highway, Norwalk, CA 90650

Listing Price: $7,600,000

Cap Rate
4.69%
Number of Units
32
Price/Unit
$237,500
Price/Gross SF
$429.72
Gross SF
17,686

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 11026 Imperial Highway, 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. The average household income in Norwalk is projected to grow by 13.10 percent to $103,924 by 2026. Additionally, 32.86 percent of households in Norwalk are renter occupied. 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.

Investment Highlights

  • Offers Primarily One-Bedroom Floor Plans
  • Gated Access
  • Two On-Site Laundry Facilities
  • Ample Gated Surface Parking
  • Convenient Access to Interstates 5, 105, & 605
  • Within Walking Distance of Costco Wholesale & Stater Bros. Markets
  • 0.40 Miles from the Metro C Line (Green) Station
  • 0.75 Miles from Norwalk High School

Exclusively Listed By

Multifamily

11026 Imperial Highway

Listing Price: $7,600,000

Cap Rate
4.69%
Number of Units
32
Price/Unit
$237,500
Price/Gross SF
$429.72
Gross SF
17,686

Investment Highlights

  • Offers Primarily One-Bedroom Floor Plans
  • Gated Access
  • Two On-Site Laundry Facilities
  • Ample Gated Surface Parking
  • Convenient Access to Interstates 5, 105, & 605
  • Within Walking Distance of Costco Wholesale & Stater Bros. Markets
  • 0.40 Miles from the Metro C Line (Green) Station
  • 0.75 Miles from Norwalk High School

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 11026 Imperial Highway, 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. The average household income in Norwalk is projected to grow by 13.10 percent to $103,924 by 2026. Additionally, 32.86 percent of households in Norwalk are renter occupied. 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.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower