Homes for sale - 11026 Imperial HWY, Norwalk, CA 90650

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Max Lindenberger

max.lindenberger@engelvoelkers.com

$ 7,295,000

Est. payment -/mo

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Pending

11026 Imperial HWY Norwalk, CA 90650

0.73 Acres Lot

UPDATED:

10/15/2024 08:20 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

Max Lindenberger

Advisor | License ID: 02073155

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