11408 Foster Road, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 1 bath
ACTIVE$598,000
11408 Foster Road, Norwalk, California 90650
3Beds
1Bath
751Sqft
2,034Lot
Price Vs. Estimate
The estimated value ($567,040.305) is $30,959.695 (5%) lower than the list price ($598,000). This property may be overpriced.
Key pros and cons
Top Pros:
Turnkey Condition & Modern Aesthetics: The home is described as 'move-in ready' and features appealing interior upgrades such as ceramic flooring, recessed lighting, and plantation shutters, enhancing its immediate appeal.
Top Cons:
Unpermitted Garage Conversion: One of the bedrooms is an unpermitted garage conversion, which could lead to legal, insurance, or financing complications and may require costly remediation or permitting.
Compared to the nearby listings
Price:$598.0K vs avg $760.0K ($-162,000)5%
Size:751 sqft vs avg 1,149 sqft1%
Price/sqft:$796 vs avg $63991%
More Insights
Built in 1956 (69 years old).
Condition: The property, built in 1956, features some positive updates such as new PEX plumbing, a new main line, modern ceramic flooring, recessed lighting, and updated bathroom fixtures. However, a significant drawback is the unpermitted garage conversion, which is listed as one of the three bedrooms. This constitutes a major legal and potential structural defect, requiring substantial repairs or rehabilitation to legalize the space or convert it back. While the visible interior aesthetics are improved, this unpermitted conversion significantly impacts the property's soundness, functionality, and potential for financing or resale, pushing its overall condition into the 'Poor' category despite the recent plumbing upgrades.
Year Built
1956
Close
-
List price
$598K
Original List price
$558K
Price/Sqft
$796
HOA
-
Days on market
-
Sold On
-
MLS number
PW25161180
Home ConditionPoor
Features
View-
About this home
Welcome to this move-in ready home located in Norwalk. This property offers three comfortable bedrooms and one full bathroom, (one of the bedrooms is an unpermitted garage conversion) perfect for first-time buyers or those looking to downsize without compromising on style. The home features ceramic flooring throughout, recessed lighting, and plantation shutters that add a touch of elegance.Furthermore, this house has new PEX plumbing and a new main line. Conveniently situated near shopping centers, restaurants, and everyday amenities, this home combines comfort, function, and a central location. A great opportunity to own in Norwalk—don’t miss your chance to make it yours.
Price History
Date
Event
Price
12/06/00
Sold
$130,000
07/30/97
Sold
$103,000
Condition Rating
Poor
The property, built in 1956, features some positive updates such as new PEX plumbing, a new main line, modern ceramic flooring, recessed lighting, and updated bathroom fixtures. However, a significant drawback is the unpermitted garage conversion, which is listed as one of the three bedrooms. This constitutes a major legal and potential structural defect, requiring substantial repairs or rehabilitation to legalize the space or convert it back. While the visible interior aesthetics are improved, this unpermitted conversion significantly impacts the property's soundness, functionality, and potential for financing or resale, pushing its overall condition into the 'Poor' category despite the recent plumbing upgrades.
Pros & Cons
Pros
Turnkey Condition & Modern Aesthetics: The home is described as 'move-in ready' and features appealing interior upgrades such as ceramic flooring, recessed lighting, and plantation shutters, enhancing its immediate appeal.
Major Infrastructure Updates: Recent installation of new PEX plumbing and a new main line significantly reduces potential future maintenance costs and concerns, offering peace of mind to buyers.
Convenient Location: Strategically situated near essential amenities, including shopping centers, restaurants, and everyday conveniences, enhancing daily living and accessibility.
Accessible Entry-Level Opportunity: Positioned as an ideal property for first-time buyers or those looking to downsize, offering an accessible entry point into the Norwalk real estate market.
Efficient Use of Space: Despite its compact footprint, the property efficiently provides three bedrooms, maximizing utility for its square footage and catering to small families or individuals needing dedicated spaces.
Cons
Unpermitted Garage Conversion: One of the bedrooms is an unpermitted garage conversion, which could lead to legal, insurance, or financing complications and may require costly remediation or permitting.
Limited Living Space & Lot Size: With only 751 sqft of living space and a 2034 sqft lot, the property offers minimal indoor and outdoor areas, which may feel restrictive for some buyers or limit expansion potential.
Lack of Views: The property explicitly states 'None' for views, which could be a disadvantage for buyers prioritizing scenic surroundings or a premium outdoor experience.