10456 Downey Norwalk Road, Norwalk, California 90650, Norwalk, 90650 - 6 bed, 3 bath
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10456 Downey Norwalk Road
Norwalk, California 90650
ACTIVE
CONDITION: FAIR
6Beds
3Baths
2,705Sq Ft
15,413Lot Size
Property Price
LIST PRICE$1,235,000
SUMMARY
Analysis of 10456 Downey Norwalk Road, Norwalk, California 90650 is currently available with a list price of $1,235,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Norwalk Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1958, the property is over 60 years old. While the exterior appears well-maintained with 'newer roofs' and the units are currently habitable (occupied by tenants), the age and lack of mentioned interior renovations suggest dated kitchens, bathrooms, and electrical/plumbing systems that likely require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Versatility
The property features three separate single-story homes on one lot, offering exceptional privacy and flexibility for multigenerational living or investors seeking multiple income streams.
- Expansive Lot Size
The massive 15,413 sqft lot provides abundant parking, private yards for each unit, and significant potential for future development or ADU additions.
- Prime Commuter Location
Situated with convenient access to the 605 Freeway and major shopping hubs like Costco, the property is ideally located for high tenant demand and ease of travel.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1958, the property may require updates to its core systems and interiors to meet modern standards and maximize rental value.
- Potential Rent Lag
With long-term tenants in place, there is a possibility that current rents are below market value, potentially limiting immediate cash flow for new investors.
About 10456 Downey Norwalk Road
3 Separate homes on a large lot with plenty of parking. All 3 homes are single story, Two Bedrooms & 1 Bath, and have yards plus the front home has a two car garage. Newer roofs. Great location in a residential neighborhood with open space behind the parcel. This exceptional property provides multiple opportunities for an owner occupied and for Multigenerational families as well as for an investor/developer. Convenient access to the 605 Fwy and connecting freeways, as well as close to Costco and other shopping. The long term tenants are happy to stay if you want to move into one of the units and enjoy collecting rents from the other two.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1958
- Lot Size
- 15,413 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,705 | 2,186 |
| Lot Size | 15,413 | 4,578 |
| Price | $1.24M | $920.0K |
| Price per sq ft | $457 | $381 |
| Built year | 1958 | 1989 |
| HOA | $0 | $0 |
| Days on market | 23 | 72 |
Pricing History
Listed for Sale
Aug 17, 2026
$1,235,000
Initial Listing