Skip to main content

Multifamily

11026 Imperial Highway

11026 Imperial Highway, Norwalk, CA 90650

Listing Price: $7,295,000

Cap Rate
5.65%
Number of Units
32
GRM
10.42
Price/Unit
$227,969
Price/Gross SF
$412.47
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, 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.

Investment Highlights

  • Features Primarily One-Bedroom Floor Plans
  • Gated Access
  • Two On-Site Laundry Facilities
  • Ample Gated Surface Parking: 32 Total Spaces
  • Within Walking Distance of Everyday Needs at Costco Wholesale & Stater Bros. Markets
  • Convenient Access to Parks & Schools
  • Within a 2-Mile Radius of an Abundance of Retail, Dining, & Entertainment Options at Stonewood Center, The Promenade at Downey, & Downey Landing
  • Easy Access to Interstates 5, 105, & 605, as well as the Norwalk Light Rail Station, Connecting Residents to Employment Hubs Throughout Southern California

Exclusively Listed By

Financing By

Multifamily

11026 Imperial Highway

Listing Price: $7,295,000

Cap Rate
5.65%
Number of Units
32
GRM
10.42
Price/Unit
$227,969
Price/Gross SF
$412.47
Gross SF
17,686

Investment Highlights

  • Features Primarily One-Bedroom Floor Plans
  • Gated Access
  • Two On-Site Laundry Facilities
  • Ample Gated Surface Parking: 32 Total Spaces
  • Within Walking Distance of Everyday Needs at Costco Wholesale & Stater Bros. Markets
  • Convenient Access to Parks & Schools
  • Within a 2-Mile Radius of an Abundance of Retail, Dining, & Entertainment Options at Stonewood Center, The Promenade at Downey, & Downey Landing
  • Easy Access to Interstates 5, 105, & 605, as well as the Norwalk Light Rail Station, Connecting Residents to Employment Hubs Throughout Southern California

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, 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.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower