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11432 Elizabeth Street, Norwalk, California 90650, Norwalk, 90650 - 4 bed, 4 bath

11432 Elizabeth Street, Norwalk, California 90650 home-pic-0
ACTIVE$1,349,900
11432 Elizabeth Street, Norwalk, California 90650
4Beds
4Baths
3,123Sqft
10,153Lot

Price Vs. Estimate

The estimated value ($1,349,900) is $0 (0%) lower than the list price ($1,349,900). This property may be overpriced.

Key pros and cons

Top Pros:
Permitted ADU: The property includes a permitted Accessory Dwelling Unit (ADU) built from the ground up in 2018, offering potential rental income or multi-generational living options.
Top Cons:
Year Built: Built in 1944, the original structure may have older systems or require updates despite recent renovations.

Compared to the nearby listings

Price:$1.35M vs avg $760.0K (+$589,900)99%
Size:3,123 sqft vs avg 1,149 sqft99%
Price/sqft:$432 vs avg $6375%

More Insights

Built in 1944 (81 years old).
Condition: The property was originally built in 1944, but the main house was rebuilt in 2017 and the ADU in 2018. The kitchen appears modern with stainless steel appliances and updated cabinetry. The bathrooms show modern updates. The flooring throughout the house looks to be in good condition. Overall, the property appears to be well-maintained and move-in ready, with no immediate renovation required.
Year Built
1944
Close
-
List price
$1.35M
Original List price
$1.5M
Price/Sqft
$432
HOA
-
Days on market
-
Sold On
-
MLS number
OC25078633
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

PERMITTED ADU! POOL! SPA! PAID OFF SOLAR! Welcome to this one of a kind property in Norwalk! Located in a low flow cul-de-sac, this property features an expansive 10,153 sqft lot with a pool/spa, permitted ADU built ground up in 2018 (not a garage conversion), 3 bed/3 bath main house rebuilt in 2017, and a grand covered patio great for entertaining - your guests will be amazed! Step inside to find large rooms, custom built doors with crown moulding and an open concept design with a great flow throughout. A beautiful sparkling pool with an automatic cover and special lighting features completes this property. Completely control the pool from your phone. Huge fruit bearing avocado tree that also makes great shade. Spacious driveway with a 240 Volt EV Charger and a 2-car garage. The 20 panel Canadian commercial grade solar is owned, not leased. Charging 2 EVs and no electric bill. Great shopping and the 105, 605, 5 - all very close - about a mile. An investors dream property with low maintenance and all major systems are relatively new.

Price History

Date
Event
Price
09/11/97
Sold
$150,000
05/19/16
Sold
$455,500
Condition Rating
Good
The property was originally built in 1944, but the main house was rebuilt in 2017 and the ADU in 2018. The kitchen appears modern with stainless steel appliances and updated cabinetry. The bathrooms show modern updates. The flooring throughout the house looks to be in good condition. Overall, the property appears to be well-maintained and move-in ready, with no immediate renovation required.
Pros & Cons

Pros

Permitted ADU: The property includes a permitted Accessory Dwelling Unit (ADU) built from the ground up in 2018, offering potential rental income or multi-generational living options.
Pool and Spa: Features a sparkling pool and spa with automatic cover and special lighting, enhancing outdoor living and entertainment.
Paid Off Solar Panels: The property has a 20-panel Canadian commercial-grade solar system that is owned outright, resulting in no electric bill and potential energy savings.
Remodeled Main House: The main house was rebuilt in 2017, featuring large rooms, custom-built doors, crown molding, and an open-concept design.
Large Lot and Outdoor Space: The property sits on an expansive 10,153 sqft lot with a grand covered patio, fruit-bearing avocado tree, and spacious driveway with an EV charger, ideal for entertaining and outdoor activities.

Cons

Year Built: Built in 1944, the original structure may have older systems or require updates despite recent renovations.
Price Reduction: The property has experienced a price reduction of $150,000, which may indicate challenges in the current market or perceived overpricing initially.
Cul-de-sac Location: While a cul-de-sac offers low traffic, it might limit street parking and accessibility for larger vehicles or deliveries.

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