12028 Walnut Street, Norwalk, California 90650, Norwalk, 90650 - 0 bed, 0 bath
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Norwalk, California 90650
This Modern Residential Income Duplex is a standout asset in Norwalk, featuring a List Price of $1,050,000. Built in 1989 Construction, it is significantly newer than surrounding inventory, justifying its position against the $794,158 Fair Market Value. The property boasts a Corner Lot Advantage and a 4/10 Condition Rating, providing a functional, move-in-ready environment with potential for value-add cosmetic updates. Spanning 2,186 square feet, this well-maintained property is perfectly suited for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a low-maintenance, modern structure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12028 Walnut Street Subject | $1,050,000* List Price | 0 | 0 | 2,186 | $363 | - |
A 14414 Flallon Ave Sold | $950,000 | 0 | 0 | 2,674 | $355 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this 35-year-old property is functional but dated. The kitchen and bathrooms appear to have original tile countertops and cabinetry from the late 80s. The presence of popcorn ceilings and older appliances indicates the home needs cosmetic updates and system modernizations, though it remains move-in ready.
Built in 1989, this duplex is significantly newer than much of the surrounding Norwalk inventory, likely offering more modern building standards and reduced immediate maintenance concerns.
The corner lot positioning provides enhanced privacy, superior curb appeal, and increased natural light, contributing to a desirable single-family-home-like atmosphere.
Described as well-maintained with a spacious 2,186 square foot layout, the property offers a move-in-ready opportunity for owner-occupants or immediate rental for investors.
The $1.05M list price represents a significant investment for the Norwalk area, which may challenge investors looking for high immediate cap rates or cash flow.
A 4,578 square foot lot for a duplex of this size leaves limited outdoor space, which may be a disadvantage for tenants seeking private yards or significant outdoor utility.
A WELL-MAINTAINED DUPLEX INCOME PROPERTY LOCATED IN NORWALK, BUILT IN 1989. SITUATED ON A CORNER LOT, IT OFFERS ABUNDANT NATURAL LIGHT AND A COMFORTABLE, SINGLE-FAMILY-HOME-LIKE FEEL.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,186 | 2,186 | 50% |
| Lot Size | 4,578 | 5,012 | 33% |
| Price | $1.05M | $1.05M | 50% |
| Price per sq ft | $480 | $480 | 50% |
| Built year | 1989 | 1963 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 91 | 33% |
Apr 26, 2026
$1,050,000
Initial Listing
Jun 30, 1988
$63,500
Public Record