5 months on rocket

Sale Pending

11026 Imperial Hwy, Norwalk, CA, 90650

$7,295,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Year Built1963
MLS #OC24096653
Lot Size0.73 Acres
StatusSale Pending
(Pending)

About 11026 Imperial Hwy

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.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2

Listing Office:

  • Office Name: Marcus & Millichap RE Invest
  • Office Email: tleeson@marcusmillichap.com
  • Listing Agent: Tyler Leeson

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.73 Acres

School Info

Assigned Schools Information:

  • Norwalk High School, Public District Grades 9-12
  • Corvallis Middle School, Public Magnet Grades 6-8
  • D. D. Johnston Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Streets of Imperial Highway & Studebaker Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,295,000

Tax Information:

  • Annual Amount: $28,802
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwalk, CA.

Med. Sold Price

$731K

Med. Price/SqFt

$604

Avg. Days On Market

34

# of Sold Homes

34

11026 Imperial Hwy vs Norwalk

170 DAYS ON ROCKET

+136 Days

$7,295,000

+$6.5M More

KEY TAKEAWAY

This property is $6.5M more than the Median Sold Price in Norwalk, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24096653

Listing Office:

  • Office Name: Marcus & Millichap RE Invest
  • Office Email: tleeson@marcusmillichap.com
  • Listing Agent: Tyler Leeson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 01, 1999Home Sold
$1,300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$28,802$1,867,756
2020$28,040$1,826,979
2019$27,142$1,791,157
2018$26,391$1,756,038
2017$26,391$1,721,606

History based on county public records data.

Payment Calculator

$36.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-801459
6
/10
  • D. D. Johnston Elementary School

  • 13421 Fairford Ave

  • 0.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-801460
4
/10
  • Corvallis Middle School

  • 11032 Leffingwell Rd

  • 0.75 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-801461
7
/10
  • Norwalk High School

  • 11356 Leffingwell Rd

  • 0.79 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,542. Typical income of Norwalk, CA residents is between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11026 Imperial Hwy

What is the listing price of this property?

The listing price of 11026 Imperial Hwy property is $7,295,000.

What type of property is this?

The property 11026 Imperial Hwy is a condo located in Norwalk, California, 90650.

Is this property for sale now?

Sale Pending: 11026 Imperial Hwy is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 11026 Imperial Hwy are:
D. D. Johnston Elementary School: GreatSchools Rating 6/10
Corvallis Middle School: GreatSchools Rating 4/10
Norwalk High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $28,802 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 1, 1999 for $1,300,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 11026 Imperial Hwy is 1963.
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Rocket HomesCaliforniaLos Angeles CountyNorwalk9065011026 Imperial Hwy

This home is located at 11026 Imperial Hwy in Norwalk, CA and zip code 90650 in the The Southeast neighborhood. This home, which was built in 1963, sits on a 0.73 acre lot. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $7,295,000.

Over 21 listings were sold over their listed price in September 2024 in Norwalk, CA. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Norwalk, CA increased by 4.4% between August 2024 and September 2024. In September 2024 median list price was $731,000 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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