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11242 Excelsior Dr, Norwalk, CA 90650
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11242 Excelsior Dr Norwalk, CA 90650

$1,125,000 Sold Price as of 06/10/2022
  • 4 Beds
  • 2 Baths
  • 1,891 Sq.Ft.
Sold
$1,125,000 Sold Price as of 06/10/2022 Refinance Your Mortgage
Map preview of 11242 Excelsior Dr, Norwalk, CA 90650

Property Overview: 11242 Excelsior Dr Norwalk, CA has 4 bedrooms, 2 bathrooms, 1,891 living square feet and 14,060 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Extra-large 14,060 sq ft lot in the City of Norwalk. Potential to build up to 7 units with tremendous upside potential as a buy and hold or sell each unit individually. Currently a 2-unit property with two 2 bed 1 baths and a bonus room in the back house. Located in a desirable pocket of Norwalk minutes from Cerritos College, and many restaurants and shopping centers. Centrally located near the 5, 605, 105, and 91 freeways. This property is a must-see for developers! Click on the link to see the 3d renderings and animation of the building potential: https://youtu.be/aU6w6_GF7Mc

Listed by John DeJesus Hernandez-Ball | BRE #01966011 | West Shores Realty, Inc.
Last checked: 15 minutes ago | Last updated: June 11th, 2022 | Source CRMLS | DOM: 59

Home details

Lot Sq. Ft
14,060
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
SB22052147
City
Norwalk
County
Los Angeles
Time on Site
775 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,600
  • Net Operating Income: $63,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 11242 Excelsior Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • None, Microwave
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport, Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 8078024011
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: North on Studebaker Rd, Right on Excelsior Dr
Neighborhood Information
  • Community Features: Biking, Golf, Gutters, Park, Sidewalks
View more facts & features

Local Norwalk Agent

Sale History for 11242 Excelsior Dr

Last sold for $1,125,000 on June 10th, 2022

  • June, 2022

  • Jun 10, 2022

    Date

    Sold

    CRMLS: SB22052147

    $1,125,000

    Price

  • Mar 29, 2022

    Date

    Active

    CRMLS: SB22052147

    $1,150,000

    Price

  • June, 2021

  • Jun 6, 2021

    Date

    Expired

    CRMLS: IG21071255

    $1,099,000

    Price

  • May 6, 2021

    Date

    Price Change

    CRMLS: IG21071255

    $1,099,000

    Price

  • Apr 6, 2021

    Date

    Active

    CRMLS: IG21071255

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Great location! Zoned for up to 7 Units! (Buyer to verify/confirm with City). Investor delight or perfect for 2 families to live in right now. Priced to sell fast!

  • July, 2018

  • Jul 16, 2018

    Date

    Expired

    CRMLS: PW18114052

    $995,000

    Price

  • May 15, 2018

    Date

    Active

    CRMLS: PW18114052

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    Drive by only. These units are fantastic for an owner user or for a 2 families, it has tremendous potential as it is zoned for 3 units and it has a huge lot.

  • April, 1996

  • Apr 9, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 11242 Excelsior Dr

Assessed Value (2020): $241,059
Year Land Value Improved Value Assessed Value
2020 $155,256 $85,803 $241,059

Home Value Compared to the Market

This property vs the competition

11242 Excelsior Dr sold on June 10, 2022 for 54.11% higher than the current median sold price for the city of Norwalk which is $730,000. The median sold price per/sqft for Norwalk is $567 and this home is sold at $594.92 per/sqft which puts the price per square foot 4.92% higher than the current median sale per square foot for the city of Norwalk.

About 11242 Excelsior Dr

Detailed summary of property

11242 Excelsior Dr is a duplex that recently sold in Norwalk, CA 90650. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,891 living square feet, and sits on an approximately 14,060 square foot lot. 11242 Excelsior Dr was first listed on ArdentRealEstateGroup.com on March 29, 2022. The homeowner sold the property for $1,125,000. Home in Norwalk are selling for a median price of $730,000 and a median price per square foot of $567. Based on Ardent Real Estate Group's Norwalk Market Data, this home is sold 54.11% higher than the current median priced home. Local homes that are currently for sale include 6728 Friends Ave, 2221 Granada Ave and 3409 Walnut Ave. While the average home in Norwalk, CA is selling in 37 days, 11242 Excelsior Dr has a days on market of 59 days. There are currently 85 homes for sale in the Norwalk real estate market and 78 of them are single family homes while 5 of them are condos and 2 are townhomes. For more information on this home for sale at 11242 Excelsior Dr Norwalk, CA 90650 contact Ardent Real Estate Group and we will put you in touch with one of our Norwalk agents.

Public Facts for 11242 Excelsior Dr

Public county record property details
Beds
4
Baths
2
Year built
1948
Sq. Ft.
1,891
Lot Size
14,060
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
8078-024-011

The source for these homes facts are from public records.

90650 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$715,000
Median List Price/Sq.Ft.
$592
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$570
Total Inventory
85
Median Sale to List Price %
100.7%
Avg Days on Market
16
Loan Type
Conventional (54.29%), FHA (25.71%), VA (2.86%), Cash (11.43%), Other (0%)

Thinking of Selling?

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Recently Sold Homes Near 11242 Excelsior Dr

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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