11428 Cresson Street, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 1 bath
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Norwalk, California 90650
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $735,352 Fair Market Value by 4%. This valuation gap offers $36,352 in Instant Equity for buyers. With a Condition Rating of 4, the home requires modernization, but the 8,950 sqft oversized lot provides significant ADU potential and expansion space. Located in the Norwalk - La Mirada school district, this is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11428 Cresson Street Subject | $699,000* List Price | 3 | 1 | 884 | $832 | - |
A 11816 Arlee Sold | $715,000 | 3 | 1 | 972 | $736 | 0.6 mi |
B 12019 Kalnor Sold | $645,000 | 3 | 2 | 1,038 | $621 | 1.0 mi |
C 12123 Jersey Avenue Sold | $641,000 | 3 | 1 | 1,061 | $604 | 0.6 mi |
D 12250 Longworth Sold | $780,000 | 3 | 1 | 1,076 | $725 | 0.7 mi |
E 12014 Hebe Sold | $750,000 | 3 | 2 | 1,080 | $694 | 0.9 mi |
F 11231 Crewe Sold | $815,000 | 3 | 1 | 1,103 | $739 | 0.6 mi |
G 11208 Dalwood Active Under Contract | $779,000 List Price | 3 | 1 | 1,219 | $639 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this 72-year-old home is functional but significantly dated. The kitchen shows signs of a minor past refresh with granite counters, but the cabinets and fixtures are aged and worn. The listing's emphasis on 'renovation' and 'value-add potential' confirms it needs updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8950, living area = 884.
The property features an oversized 8,950 sqft lot, providing significant space for outdoor entertaining, gardening, or the addition of an Accessory Dwelling Unit (ADU) to maximize property value.
Positioned as a prime value-add project, this home allows investors or first-time buyers to renovate and personalize the space, offering a clear path to building immediate equity.
With only 884 square feet of living area for a three-bedroom configuration, the interior footprint is quite small and may feel cramped for larger families.
The residence includes only one bathroom, which is a significant drawback for a three-bedroom home and may limit its appeal to modern buyers seeking more convenience.
Whether you're looking to invest, renovate, or create your dream home, this charming single-story property on an oversized lot is full of opportunity! The expansive backyard is the true highlight, offering endless possibilities to entertain, garden, expand the home, or explore the potential for an ADU (buyer to verify), all with plenty of space to make it your own. Inside, you'll find a bright and inviting living room, a dedicated dining area, and a functional kitchen ready for your personal touch. With a desirable floor plan, an attached one-car garage, and incredible value-add potential, this home is an excellent opportunity for first-time buyers, investors, or anyone looking to personalize a home while building equity. Conveniently located near shopping, dining, parks, schools, and major freeways, this is your chance to unlock the full potential of a property in a well-established neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 884 | 1,061 |
| Lot Size | 8,950 | 5,241 |
| Price | $699.0K | $774.2K |
| Price per sq ft | $791 | $648 |
| Built year | 1952 | 1952 |
| HOA | $0 | $0 |
| Days on market | 20 | 47 |
Jul 2, 2026
$699,000
Initial Listing