12003 Jersey, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 1 bath
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Norwalk, California 90650
This property presents a High-Potential Investment Opportunity with a List Price of $729,950—positioned above the $698,065 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the 6,335 sqft lot and existing bonus room provide substantial value-add potential through renovation or ADU conversion. Given the as-is sale and financing restrictions, this asset is strictly for cash-ready buyers. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors capable of managing a full-scale rehabilitation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12003 Jersey Subject | $729,950* List Price | 3 | 1 | 1,061 | $658 | - |
A 12014 Hebe Sold | $750,000 | 3 | 2 | 1,080 | $694 | 0.6 mi |
B 12019 Kalnor Sold | $645,000 | 3 | 2 | 1,038 | $621 | 0.7 mi |
C 11219 Foster Road Sold | $750,000 | 3 | 1 | 1,088 | $689 | 1.0 mi |
D 12123 Jersey Avenue Sold | $641,000 | 3 | 1 | 1,061 | $604 | 0.1 mi |
E 11721 Gwynne Sold | $689,900 | 3 | 2 | 1,211 | $570 | 0.5 mi |
F 11838 Gem St Sold | $565,000 | 2 | 1 | 749 | $754 | 0.4 mi |
G 12420 Benfield Ave Sold | $710,000 | 2 | 1 | 1,275 | $557 | 0.7 mi |
H 11632 Gem Active | $699,900 List Price | 3 | 1 | 1,078 | $649 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 (73 years old) with no major renovations cited. The listing explicitly states the property needs kitchen repairs and will not qualify for FHA/VA financing, indicating significant deferred maintenance and potential safety/habitability issues requiring a full rehab.
The home features brand new interior paint throughout, providing a clean and refreshed aesthetic that offers a move-in ready feel for the living areas.
With a generous 6,335 sqft lot and an existing bonus room attached to the garage, there is significant potential for an ADU conversion or additional square footage.
As a 3-bedroom single-family residence in the established Norwalk area, this property serves as a solid entry-level opportunity for buyers looking to build equity.
The property requires specific repairs to the kitchen, breakfast area, and patio, which will necessitate immediate post-purchase investment.
The 'as-is' sale condition and explicit exclusion of FHA/VA financing significantly restrict the buyer pool to cash or conventional loan candidates.
Property needs some repairs kitchen breakfast area, patio covered, attach bonus room to the garage NEW PAINT INSIDE The properties been showed as is with no REPAIRS /no FHA/VA
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 1,061 | 1,061 |
| Lot Size | 6,335 | 5,241 |
| Price | $730.0K | $774.2K |
| Price per sq ft | $688 | $648 |
| Built year | 1951 | 1952 |
| HOA | $0 | $0 |
| Days on market | 2 | 47 |
Jul 20, 2026
$729,950
Initial Listing
Aug 1, 2002
$225,000
Public Record