11842 Lindale Street, Norwalk, California 90650, Norwalk, 90650 - 2 bed, 1 bath
ACTIVE$650,000
11842 Lindale Street, Norwalk, California 90650
2Beds
1Bath
688Sqft
5,883Lot
Price Vs. Estimate
The estimated value ($522,150.735) is $127,849.265 (19%) lower than the list price ($650,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Location & Connectivity: Centrally located with excellent access to Freeways 5, 105, 91, and 605, and close to public transportation, shopping, schools, and Cerritos College, offering high convenience.
Top Cons:
Dated Condition & Required Renovation: Built in 1936, the property is likely in its original condition and requires substantial renovation and modernization to meet contemporary living standards.
Compared to the nearby listings
Price:$650.0K vs avg $760.0K ($-110,000)11%
Size:688 sqft vs avg 1,149 sqft1%
Price/sqft:$945 vs avg $63998%
More Insights
Built in 1936 (89 years old).
Condition: Built in 1936, this property shows no evidence of major renovations in the past 50 years. The kitchen and bathroom are extremely outdated with original or very old fixtures, cabinets, and appliances. Flooring is worn carpet and linoleum. The overall condition suggests the property's value is primarily in the land and its redevelopment potential, aligning with the 'tear-down' criteria.
Year Built
1936
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$945
HOA
-
Days on market
-
Sold On
-
MLS number
DW25146752
Home ConditionTear down
Features
View-
About this home
LOCATION ! LOCATION! LOCATION! This 2 bedroom home is BRIMMING WITH ADU POTENTIAL!!!!!! This home has been in the same family for over 75 years. This is the perfect canvas to make it your own. Large garage, Chain link fencing all around. Close to ALL conveniences, like public transportation, shopping, churches, schools, a 7 minute drive to Cerritos College. This property is centrally located to Freeways 5, 105, 91, and 605. Let's open escrow now!!!!
Condition Rating
Tear down
Built in 1936, this property shows no evidence of major renovations in the past 50 years. The kitchen and bathroom are extremely outdated with original or very old fixtures, cabinets, and appliances. Flooring is worn carpet and linoleum. The overall condition suggests the property's value is primarily in the land and its redevelopment potential, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
Exceptional Location & Connectivity: Centrally located with excellent access to Freeways 5, 105, 91, and 605, and close to public transportation, shopping, schools, and Cerritos College, offering high convenience.
Significant ADU Potential: The property is explicitly highlighted for its Accessory Dwelling Unit (ADU) potential, presenting a clear opportunity for increased value or rental income.
Generous Lot Size: A 5,883 sqft lot provides ample space for potential expansion, landscaping, or realizing the ADU opportunity.
Value-Add Opportunity: Described as a 'perfect canvas,' this property offers significant potential for renovation, customization, and modernization to enhance its value and appeal.
Large Detached Garage: The presence of a large garage offers versatile use, from additional parking and storage to potential conversion into a workshop or part of an ADU.
Cons
Dated Condition & Required Renovation: Built in 1936, the property is likely in its original condition and requires substantial renovation and modernization to meet contemporary living standards.
Limited Interior Space: With only 688 sqft, the living space is quite compact, which may not suit buyers seeking more expansive interiors or larger families.
Outdated Exterior Fencing: The property features chain link fencing, which may detract from curb appeal and could necessitate replacement for aesthetic or security reasons.