
Norwalk, California 90650
This Norwalk Fixer-Upper Asset is listed at $589,000, positioned near its $561,820 Fair Market Value. Currently holding a Condition Rating of 5, the property offers a High-Potential Investment Opportunity through forced appreciation and strategic renovation. The rear addition with plumbing already installed provides a significant head start for an ADU conversion, a key driver for maximizing future ROI. Located within the Norwalk - La Mirada district, this 1955 structure requires full modernization but features a versatile lot with mature fruit trees. This is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12128 161st Street Subject | $589,000* List Price | 2 | 1 | 971 | $550 | - |
A 12007 Lowemont Sold | $655,000 | 3 | 1 | 1,207 | $543 | 0.4 mi |
B 16442 Elaine Avenue Sold | $725,000 | 3 | 1 | 984 | $737 | 0.3 mi |
C 15109 Alburtis Avenue Sold | $722,500 | 3 | 1 | 1,299 | $556 | 0.9 mi |
D 14619 Disney Avenue Active | $650,000 List Price | 2 | 1 | 1,027 | $633 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955, this property is a classic fixer-upper requiring substantial rehabilitation. The kitchen is in poor condition with severely worn cabinetry, dated tile countertops, and a lack of modern appliances. The flooring throughout consists of aged and potentially damaged vinyl tiles, and the overall interior shows significant wear, outdated fixtures, and a need for a complete modernization to meet current living standards.
The property features a rear addition with plumbing already installed, offering a significant head start for buyers looking to create an Accessory Dwelling Unit (ADU) for rental income or guest housing.
The fully fenced backyard includes mature fruit trees and ample open space, providing a private and versatile environment for gardening, entertaining, or future expansions.
The home's layout is designed to maximize natural light, creating a bright and airy atmosphere that enhances the overall feel of the interior living spaces.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only two bedrooms and a single bathroom, the property may lack the necessary space and convenience for larger families or those requiring a dedicated home office.
Built in 1955 and marketed as an opportunity for a buyer to 'bring their vision to life,' the home likely requires capital investment for cosmetic and functional updates to meet contemporary standards.
Charming 2-bedroom, 1-bath home in Norwalk! This inviting home features a cozy floorplan filled with abundant natural light, creating a warm and comfortable atmosphere throughout. A rear addition with plumbing already installed offers exciting potential to be converted into an ADU, providing flexibility for extended living, rental income, or a private guest space (buyer to verify). The fully fenced backyard features mature fruit trees and plenty of open space—perfect for creating an outdoor dining area, garden, or personalized entertaining retreat. With great bones and outstanding potential, this property presents a wonderful opportunity for a new owner to bring their vision to life and truly make it their own. Don’t wait—book a tour today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 971 | 1,205 | 23% |
| Lot Size | 4,962 | 5,284 | 14% |
| Price | $589.0K | $765.0K | 7% |
| Price per sq ft | $607 | $643 | 36% |
| Built year | 1955 | 1952 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 122 | 11% |
Apr 6, 2026
$589,000
Initial Listing