65 Commercial Real Estate Listings in Norwalk, CA

Norwalk, CA Economic Overview

Norwalk is part of the Los Angeles County area and is only 17 miles southeast of Downtown Los Angeles. Home to over 109,000 residents, this 9.75 square mile city is bordered by the neighboring cities of Downey, Bellflower, Cerritos, Artesia, and Santa Fe Springs. The commercial real estate market in Norwalk is driven by the city's proximity to Los Angeles, and its access to the integrated transportation systems of the County.

Transportation plays a key role in the economy of Norwalk. The city sits at the heart of an expanding regional transportation network providing service to both residents and business throughout Los Angeles and Orange County.

As part of Los Angeles County, Norwalk benefits from the huge consumer market with 10 million people, the County conducts more than $400 billion in annual two-way trade, and the city has easy access to the Ports of Long Beach and Los Angeles, and Los Angeles International Airport, the country's third-most active international cargo airport.

With a median household income of nearly $60,000 and a growing job base of nearly 47,000 employees, the economy in Norwalk continues to be strong. Income growth in Norwalk is consistent, as industry is attracted by rapid development, with growth outpacing many of the other cities in the state.