
Norwalk, California 90650
This property presents a High-Potential Investment Opportunity with a List Price of $820,000—positioned well above the $774,660 Fair Market Value by 5%. While the property is currently priced above market, the NOR3YY Zoning and expansive 6,716 sq. ft. lot provide significant long-term development upside. Featuring a Fair Condition Rating and a private bedroom suite, this asset is ideal for Buy-and-Hold Investors or first-time buyers looking to leverage the property's versatile layout and strategic commuter location near major freeways.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11922 Olive Subject | $820,000* List Price | 3 | 3 | 1,670 | $460 | - |
A 11842 Sproul Street Sold | $720,000 | 3 | 2 | 1,871 | $385 | 0.1 mi |
B 12817 Zeus Sold | $800,000 | 3 | 1 | 1,410 | $567 | 0.1 mi |
C 14022 Gard Sold | $752,000 | 2 | 2 | 1,764 | $426 | 0.8 mi |
D 14518 Arlee Sold | $820,000 | 3 | 2 | 1,389 | $590 | 1.0 mi |
E 12509 Firestone Sold | $770,000 | 3 | 2 | 1,410 | $546 | 0.9 mi |
F 12019 Kalnor Sold | $645,000 | 3 | 2 | 1,038 | $621 | 0.6 mi |
G 11434 Littchen St Sold | $750,000 | 3 | 2 | 1,304 | $575 | 0.7 mi |
H 11722 Brimley Active | $749,900 List Price | 3 | 1 | 1,201 | $624 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1944 and sold in 'as-is' condition, this property is marketed as an investor opportunity for rehab or development. Visuals show a dated bathroom and unmaintained exterior, indicating the home is well over 30 years old without significant recent renovations.
The expansive 6,709 sq. ft. lot combined with NOR3YY zoning offers significant opportunities for future expansion, ADU construction, or multi-unit development.
The floor plan includes a private bedroom suite with its own separate entrance, making it ideal for multi-generational living, guest accommodations, or potential rental income.
Ideally situated with immediate access to the 5, 605, and 105 freeways, providing a central hub for easy travel throughout Los Angeles and Orange Counties.
The property is sold in its present physical condition without warranties, which may necessitate immediate capital expenditure for repairs or modernization.
The listing explicitly advises verification of permits and additions, suggesting potential discrepancies in recorded square footage or unpermitted improvements that could affect financing.
Perfect opportunity for a first-time homebuyer or a savvy investor! Ideally located with convenient access to shopping, dining, schools, and major freeways, including the 5, 605, and 105, this property offers both comfort and future potential. Situated on an expansive 6,709 sq. ft. lot and zoned NOR3YY, the possibilities for future development or expansion are worth exploring. The home currently features 3 bedrooms and 3 bathrooms, including a private bedroom suite with its own entrance and en-suite bathroom—ideal for guests, extended family, or added privacy. Step outside to enjoy the spacious patio and generous backyard, creating the perfect setting for summer barbecues, entertaining, or relaxing outdoors. Whether you're looking for your first home, an investment opportunity, or a property with long-term potential, this one is not to be missed. Schedule your showing today and submit your offer before it's gone! Property is being sold in "as-is", "where-is", present physical condition without any warranties, guarantees, or representations of any kind, excepting title. Buyer/Buyer's agent is advised to exercise their own due diligence, which may include consulting with local building, zoning, and planning department regarding permits, square footage, bedrooms, bathrooms and/or any additions that may or may not be permitted.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 1.7 |
| Square foot | 1,670 | 1,240.426 |
| Lot Size | 6,716 | 5,344.851 |
| Price | $820.0K | $764.0K |
| Price per sq ft | $491 | $632 |
| Built year | 1944 | 1951 |
| HOA | $0 | $320 |
| Days on market | 47 | 50 |
Jul 24, 2026
$820,000
Initial Listing