11864 Hayford Street, Norwalk, California 90650, Norwalk, 90650 - 2 bed, 1 bath
ACTIVE$650,000
11864 Hayford Street, Norwalk, California 90650
2Beds
1Bath
564Sqft
2,603Lot
Price Vs. Estimate
The estimated value ($606,560.395) is $43,439.605 (6%) lower than the list price ($650,000). This property may be overpriced.
Key pros and cons
Top Pros:
First-Time Buyer Opportunity: The property is explicitly marketed as an excellent opportunity for first-time home buyers, indicating an accessible entry point into the Norwalk market.
Top Cons:
Compact Square Footage: With only 564 sqft, the home offers very limited living space, which may be a significant drawback for buyers seeking more room or future expansion.
Compared to the nearby listings
Price:$650.0K vs avg $760.0K ($-110,000)11%
Size:564 sqft vs avg 1,149 sqft1%
Price/sqft:$1.2K vs avg $63999%
More Insights
Built in 1954 (71 years old).
Condition: Built in 1954, this property is functional and appears maintained, but its major components are significantly outdated. The kitchen features older cabinets, worn countertops, and basic appliances, including a freestanding washer/dryer, indicating a need for a full renovation. The bathroom has dated penny tile, an older vanity light, and basic fixtures. The home lacks central HVAC, relying on a window AC unit and a wall heater. While the laminate flooring in the living areas and bedrooms appears to be a more recent update, the overall condition of the wet areas and core systems suggests the property requires substantial cosmetic and system upgrades to meet modern standards, aligning with the 'Fair' category.
Year Built
1954
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$1,152
HOA
-
Days on market
-
Sold On
-
MLS number
DW25203207
Home ConditionFair
Features
Patio
View-
About this home
Cozy 2 bed, 1 bath home! Excellent opportunity for first time home buyers to buy in a great area of Norwalk. Spacious back yard with banana & avocado trees that give nice shade. Large car port in front of house, can park up to 4 cars.
Price History
Date
Event
Price
12/21/21
Sold
$470,000
01/30/20
Sold
$360,000
10/27/08
Sold
$130,000
05/19/06
Sold
$345,000
10/10/03
Sold
$169,000
Condition Rating
Fair
Built in 1954, this property is functional and appears maintained, but its major components are significantly outdated. The kitchen features older cabinets, worn countertops, and basic appliances, including a freestanding washer/dryer, indicating a need for a full renovation. The bathroom has dated penny tile, an older vanity light, and basic fixtures. The home lacks central HVAC, relying on a window AC unit and a wall heater. While the laminate flooring in the living areas and bedrooms appears to be a more recent update, the overall condition of the wet areas and core systems suggests the property requires substantial cosmetic and system upgrades to meet modern standards, aligning with the 'Fair' category.
Pros & Cons
Pros
First-Time Buyer Opportunity: The property is explicitly marketed as an excellent opportunity for first-time home buyers, indicating an accessible entry point into the Norwalk market.
Desirable Location: Situated in a 'great area of Norwalk,' suggesting a sought-after neighborhood with potential for community amenities and convenience.
Spacious Backyard with Mature Trees: Features a spacious backyard with established banana and avocado trees, providing natural shade, aesthetic appeal, and potential for outdoor enjoyment.
Ample Parking: A large carport in front of the house offers significant parking capacity, accommodating up to 4 cars, which is a valuable asset in many areas.
Strong Historical Appreciation: The sales history demonstrates substantial price appreciation over time, indicating a property with good long-term investment potential.
Cons
Compact Square Footage: With only 564 sqft, the home offers very limited living space, which may be a significant drawback for buyers seeking more room or future expansion.
Single Bathroom: The property features only one bathroom, which can be inconvenient for multiple occupants or guests.
Listed Above Estimated Value: The current listing price of $650,000 is above the estimated property value of $612,305.73, potentially making it appear overpriced to savvy buyers.