
Norwalk, California 90650
This property presents a High-Potential Investment Opportunity with a List Price of $549,900—positioned well above the $539,547 Fair Market Value by 1.9%. While the property lacks immediate equity, its Condition Rating of 4 and Corner Lot footprint provide a clear path for value-add renovations. The home features a Patio and offers significant expansion potential for those looking to increase square footage. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11967 Barnwall Subject | $549,900* List Price | 2 | 1 | 736 | $733 | - |
A 11827 Nava Street Sold | $529,000 | 2 | 1 | 755 | $701 | 0.3 mi |
B 12007 Hayford Sold | $635,000 | 3 | 1 | 873 | $727 | 0.2 mi |
C 12123 163rd Sold | $400,000 | 2 | 1 | 504 | $794 | 0.6 mi |
D 11819 Cheshire Active Under Contract | $560,000 List Price | 2 | 1 | 829 | $676 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this property is dated and shows significant wear, particularly on the hardwood flooring which requires refinishing. The kitchen has been basicially maintained with painted cabinetry but remains old-fashioned. The lack of central HVAC (wall unit only) and the small 736 sqft footprint suggest it needs cosmetic and system updates to be competitive, though it remains functional as a starter home.
Priced at $549,900, this property offers a rare and highly accessible entry point into the Southern California real estate market, making it an ideal opportunity for first-time buyers or investors.
Located in the heart of Norwalk with convenient access to major freeways, the home provides an excellent central hub for commuting to both Los Angeles and Orange County.
The property sits on a desirable corner lot, offering unique flexibility and physical space to expand the current footprint and increase the home's value and square footage.
At only 736 square feet, the interior living space is quite compact for a two-bedroom home, which may be a constraint for families or those needing extra storage.
While it is a corner lot, the total lot size of 2,566 square feet is relatively small, limiting the scope for significant outdoor amenities or large-scale landscaping projects.
Great Starter Home in the Heart of Norwalk! Priced at just $550,000, this charming 2-bedroom, 1-bathroom home offers an excellent opportunity for first-time buyers, investors, or anyone looking to create their own space. With approximately 736 square feet of living space, this home sits on a desirable corner lot with plenty of room to expand, giving you the opportunity to add living space and build equity over time. Ideally located with convenient access to major freeways, making commuting throughout Los Angeles and Orange County easy. Enjoy being just minutes from popular destinations including Disneyland and Knott's Berry Farm, as well as shopping, dining, schools, and everyday conveniences. A fantastic opportunity to own a home in Norwalk at an attractive price point with plenty of potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 736 | 1,240.426 |
| Lot Size | 2,566 | 5,344.851 |
| Price | $549.9K | $764.0K |
| Price per sq ft | $747 | $632 |
| Built year | 1957 | 1951 |
| HOA | $0 | $320 |
| Days on market | 27 | 50 |
Aug 13, 2026
$549,900
Initial Listing
Apr 24, 2009
$129,000
Public Record
Nov 10, 2005
$359,000
Public Record
Jan 27, 2003
$150,000
Public Record
Sep 26, 1996
$107,000
Public Record
Jun 27, 1996
$92,000
Public Record