12043 Sycamore Street, Norwalk, California 90650, Norwalk, 90650 - bed, bath
ACTIVE$998,000
12043 Sycamore Street, Norwalk, California 90650
0Bed
0Bath
2,100Sqft
7,095Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: As a fully permitted triplex, this property offers significant income-generating opportunities for investors, with three distinct rental units.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-10-21. The sold price is $980,000.00.
Compared to the nearby listings
Price:$998.0K vs avg $980.0K (+$18,000)60%
Size:2,100 sqft vs avg 2,100 sqft50%
Price/sqft:$475 vs avg $46760%
More Insights
Built in 1923 (102 years old).
Condition: Built in 1923, this property is over 100 years old and the listing explicitly states it 'needs work' and 'Requires Significant Renovation.' The property analysis further highlights its 'Advanced Age' and the 'Potential for High Initial Investment' due to necessary repairs and upgrades. The absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas are significantly outdated and require substantial rehabilitation. Exterior images show signs of deferred maintenance, such as cracked concrete. This condition aligns with a 'Poor' rating, indicating the property requires substantial repairs and rehabilitation to meet modern living standards.
Year Built
1923
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$475
HOA
-
Days on market
-
Sold On
-
MLS number
PW24231077
Home ConditionPoor
Features
Patio
View-
About this home
Hi This is a 3 unit Dwelling fully Permitted needs work . First a three Bedroom 2 Bath home with a one car attached Garage. One Bedroom is rented separate with its own privacy and Bathroom. The 2nd and 3rd Unit are also separate from the main house. They come with a bedroom Living Room Bathroom and Kitchen. A Detached two car Garage is separate and can be converted into an ADU. Unit at low cost. Privacy is enjoyed by the tenants with a private backyard for family gatherings, Call the Agent for showing.
Price History
Date
Event
Price
10/21/25
Sold
$980,000
12/01/06
Sold
$650,000
Condition Rating
Poor
Built in 1923, this property is over 100 years old and the listing explicitly states it 'needs work' and 'Requires Significant Renovation.' The property analysis further highlights its 'Advanced Age' and the 'Potential for High Initial Investment' due to necessary repairs and upgrades. The absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas are significantly outdated and require substantial rehabilitation. Exterior images show signs of deferred maintenance, such as cracked concrete. This condition aligns with a 'Poor' rating, indicating the property requires substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons
Pros
Strong Income Potential: As a fully permitted triplex, this property offers significant income-generating opportunities for investors, with three distinct rental units.
ADU Conversion Opportunity: The detached two-car garage presents a clear and stated potential for conversion into an Additional Dwelling Unit (ADU) at low cost, which could substantially increase rental income and property value.
Fully Permitted Units: All three dwelling units are explicitly stated as 'fully Permitted,' mitigating legal risks and ensuring compliance for current and future rental operations.
Flexible Unit Layouts: The property features a main 3-bedroom, 2-bath home (with one bedroom rented separately) plus two additional separate units, providing versatile rental configurations and tenant options.
Private Outdoor Space: Tenants can enjoy privacy with a private backyard for family gatherings, an attractive amenity that enhances tenant appeal and retention.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-10-21. The sold price is $980,000.00.
Requires Significant Renovation: The property description explicitly states it 'needs work,' indicating that a new owner should anticipate substantial renovation costs and effort to bring the units to optimal condition.
Advanced Age of Property: Built in 1923, the property is over 100 years old, which often implies outdated infrastructure, potential for costly repairs, and higher ongoing maintenance requirements.
Potential for High Initial Investment: Beyond the purchase price, the 'needs work' condition combined with the property's age suggests a considerable capital outlay will be necessary for essential repairs, upgrades, and the ADU conversion to maximize its income potential.