10228 Norwich, San Fernando, California 91345, San Fernando, 91345 - 3 bed, 2 bath
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San Fernando, California 91345
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $742,487 Fair Market Value by 5%. This valuation gap offers $42,487 in Instant Equity for buyers capable of managing a total restoration. With a Condition Rating of 5, the home requires significant remediation, yet the 12,162 sqft lot provides massive upside for ADU development. This is an ideal value-add acquisition for Fix-and-Flip Investors or Contractors seeking a project with substantial long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10228 Norwich Subject | $700,000* List Price | 3 | 2 | 1,768 | $420 | - |
A 15448 Stare Sold | $625,000 | 3 | 2 | 1,452 | $430 | 0.6 mi |
B 10956 Columbus Avenue Sold | $645,000 | 3 | 4 | 1,583 | $407 | 0.9 mi |
C 15013 San Jose Sold | $725,000 | 3 | 3 | 2,248 | $323 | 0.3 mi |
D 15241 Septo Street Sold | $860,000 | 4 | 2 | 1,906 | $451 | 0.5 mi |
E 10546 Peach Avenue Active Under Contract | $799,900 List Price | 3 | 2 | 1,606 | $498 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958 and in severe disrepair, this property features a non-operational bathroom, a disconnected water heater, and a non-functional AC unit. The listing explicitly states it will not pass inspection for a normal loan due to roof leaks, dry rot, and extreme interior/exterior clutter, requiring a total rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12162, living area = 1768.
Elementary School: Vintage Math/Science/Technology Magnet School (9/10). Middle School: Robert Frost Middle School (9/10).
The expansive 12,162 sqft lot provides ample space to construct a full-sized detached ADU, while the attached garage offers a prime opportunity for a Junior ADU conversion to maximize density and value.
The property suffers from critical issues including roof leaks, dry rot, and non-operational essential systems like the water heater and AC, rendering it ineligible for traditional financing.
The presence of extreme clutter, an empty pool requiring replastering, and overgrown landscaping necessitates a substantial initial investment in debris removal and site preparation before renovations can begin.
This property is a trust sale. This is not for the faint of heart. The property is in bad condition and will not pass inspection for a normal loan: One bathroom is not operational, the water heater has been disconnected, many rooms are filled with personal property and discards. There are 3 bedrooms and a convertible den. The kitchen is in very bad shape. There are fireplaces in the den and the living room but their condition is unknown. A central Heating and air conditioning system is in place but the AC unit does not work. The attached 2 car garage can only be viewed from outside due to clutter. There is a safety fenced, inground pool that is empty and needs to be replastered. The pool equipment is an unknown. The house roof shows signs of possible leaks and there is evidence of dry rot. The rear yard landscaping is extensively overgrown. There was a pavilion adjacent the pool, and a structure behind the garage of which only the frame remains. The good news is: The house has potential to be restored to glory, and the large lot offers room to build a full sized ADU in the rear yard, plus it is possible to convert the garage to a Junior ADU.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,768 | 1,572.5 | 71% |
| Lot Size | 12,162 | 7,678.5 | 97% |
| Price | $700.0K | $802.5K | 24% |
| Price per sq ft | $396 | $524 | 9% |
| Built year | 1958 | 1955 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 155 | 6% |
Jun 4, 2026
$700,000
Initial Listing