12140 Lowemont, Norwalk, California 90650, Norwalk, 90650 - 2 bed, 1 bath
ACTIVE$589,000$751/sqft
Est. Value: $576,333
-2%
FairlyEstimate
12140 Lowemont, Norwalk, California 90650
2Beds
1Bath
751Sqft
2,651Lot
Price Vs. Estimate
The estimated value ($576,333.22) is $12,666.78 (2%) lower than the list price ($589,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating Second Unit: The property includes a separate 1-bedroom, 1-bath unit currently renting for $1500/month, offering significant rental income potential or flexible multi-generational living arrangements.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2651, other record lot size in square feet = 2600.
Compared to the nearby listings
Price:$589.0K vs avg $760.0K ($-171,000)4%
Size:751 sqft vs avg 1,149 sqft2%
Price/sqft:$784 vs avg $65088%
More Insights
Built in 1954 (72 years old).
Condition: Despite being built in 1954, this property has undergone extensive recent renovations, including a brand new, modern bathroom with a glass-enclosed shower and floating vanity, new windows throughout, and new exterior paint. The kitchen features updated white cabinets, a modern mosaic backsplash, and new wood-look laminate flooring. Modern mini-split AC units provide efficient cooling and heating. The property is truly move-in ready with virtually new key components, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Year Built
1954
Close
-
List price
$589K
Original List price
$589K
Price/Sqft
$784
HOA
-
Days on market
-
Sold On
-
MLS number
DW26004412
Home ConditionExcellent
Features
Patio
View-
About this home
Super cozy 2 bedroom 1 bath with a second unit 1 bed 1 bath so total 3 bed 2 bath. Beautiful open floor plan.. New windows throughout the whole house, new exterior paint new bathroom house is ready to move in!!!!! Inside laundry room. Second unit rents for 1500 a month at the moment.. Priced to sell owner found his replacement home!!! This property won't last!! Large yard area to relax and plenty of car parking!! Very easy to view..
L
Luz Hernandez
Listing Agent
Price History
Date
Event
Price
03/28/23
Sold
$510,000
02/27/17
Sold
$321,000
12/29/04
Sold
$240,000
Condition Rating
Excellent
Despite being built in 1954, this property has undergone extensive recent renovations, including a brand new, modern bathroom with a glass-enclosed shower and floating vanity, new windows throughout, and new exterior paint. The kitchen features updated white cabinets, a modern mosaic backsplash, and new wood-look laminate flooring. Modern mini-split AC units provide efficient cooling and heating. The property is truly move-in ready with virtually new key components, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Pros & Cons
Pros
Income-Generating Second Unit: The property includes a separate 1-bedroom, 1-bath unit currently renting for $1500/month, offering significant rental income potential or flexible multi-generational living arrangements.
Recent Renovations & Move-in Ready: Extensive recent upgrades, including new windows throughout, new exterior paint, and a new bathroom, make the home move-in ready and reduce immediate maintenance costs for the buyer.
Open Floor Plan: The main unit features a beautiful open floor plan, providing a modern and spacious feel that is highly desirable for contemporary living.
Motivated Seller: The seller's motivation ('Priced to sell owner found his replacement home!!! This property won't last!!') suggests a potential for a competitive offer and a swift transaction.
Practical Amenities & Outdoor Space: The property offers convenient amenities such as an inside laundry room, ample car parking, and a large yard area for relaxation, enhancing its overall appeal and functionality.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2651, other record lot size in square feet = 2600.
Limited Main Unit Square Footage: The main 2-bedroom, 1-bath unit is relatively compact at 751 sqft, which may be a consideration for buyers seeking more spacious living areas.
Older Property Infrastructure: Built in 1954, the property's age, despite recent cosmetic updates, suggests that underlying systems (e.g., plumbing, electrical) may be original or older, potentially requiring future maintenance or upgrades.
Absence of Cooling System Mention: The property description does not specify the presence of an air conditioning system, which could be a significant drawback during warmer months in California.