12058 Hopland, Norwalk, California 90650, Norwalk, 90650 - 2 bed, 1 bath
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Norwalk, California 90650
This Investor-Grade Value-Add Asset is listed at $649,000, positioned near its $578,954 Fair Market Value based on recent neighborhood sales. Carrying a Condition Rating of 5, the 1948 structure requires a full-scale renovation but offers significant forced appreciation potential. The primary value is anchored in the 5,137 sqft lot and ADU Expansion Potential, providing a clear path to maximize ROI in the established Norwalk - La Mirada high school district. Featuring a functional layout and a private patio, this high-upside acquisition is a strategic play for Fix-and-Flip Investors or Contractors ready to capitalize on Norwalk's strong market demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12058 Hopland Subject | $649,000* List Price | 2 | 1 | 681 | $850 | - |
A 11842 Lindale Street Sold | $585,000 | 2 | 1 | 688 | $850 | 0.6 mi |
B 12112 Abingdon Street Sold | $720,000 | 2 | 1 | 806 | $893 | 0.2 mi |
C 12157 Lowemont Street Active | $670,000 List Price | 2 | 1 | 865 | $775 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property is explicitly marketed as a full renovation project or redevelopment opportunity. Aerial imagery reveals a roof in significant disrepair with extensive patching and wear. The listing description notes the home needs substantial 'TLC,' and the absence of interior photos strongly suggests that the kitchen, bathroom, and internal systems are outdated or in a state of neglect. The property requires significant capital investment to meet modern living standards.
The property sits on a generous 5,137 sqft lot, providing significant upside for an Accessory Dwelling Unit (ADU) or home expansion to maximize rental income or resale value.
With a functional layout and a need for full renovation, this property serves as an ideal canvas for investors or flippers to add substantial value through strategic improvements.
Situated in a quiet, established Norwalk neighborhood, the home offers excellent proximity to major freeways, local schools, parks, and shopping centers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5137, other record lot size in square feet = 5200.
The home is in need of significant TLC and a full renovation, which will require a substantial upfront capital investment and construction management.
At only 681 square feet, the current living area is quite small for a single-family residence, which may limit its appeal to larger families or traditional buyers.
Welcome to this opportunity in a quiet, established neighborhood of Norwalk. This property features a functional layout with a natural flow between the living, dining, and kitchen areas, offering a solid starting point for a full renovation. The home is in need of TLC and is ready for your imagination. Ideal for investors, flippers, or buyers looking for a project, this property presents strong potential to add value and maximize returns with the right vision and improvements. Situated on a generously sized lot, the property offers ample outdoor space with room for expansion, redevelopment, or customization, adding ADU upside for those looking to enhance its overall appeal. Conveniently located near local schools, parks, shopping centers, dining, and major freeway access, this property presents a prime opportunity for a buy-and-hold investment or renovation project in a well-established Norwalk community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 42% |
| Square foot | 681 | 1,199.5 | 1% |
| Lot Size | 5,137 | 5,291.5 | 36% |
| Price | $649.0K | $769.9K | 10% |
| Price per sq ft | $953 | $645 | 99% |
| Built year | 1948 | 1952 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 156 | 1% |
Mar 24, 2026
$649,000
Initial Listing
Mar 11, 1998
$83,500
Public Record