12147 Molette, Norwalk, California 90650, Norwalk, 90650 - 2 bed, 1 bath
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12147 Molette
Norwalk, California 90650
ACTIVE
CONDITION: FAIR
2Beds
1Baths
675Sq Ft
3,900Lot Size
Property Price
LIST PRICE$619,900
EST. MARKET VALUE
$608,908
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $619,900—positioned slightly above the $608,908 Fair Market Value. While the property is currently priced at market, its Condition Rating of 4 and spacious concrete backyard offer significant value-add potential through modernization or the addition of an ADU. Located near major freeways and parks within the Norwalk - La Mirada district, this asset provides a stable foundation for long-term growth. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable entry point into the Norwalk market.
Estimated Market Value
$608,908
Based on Realkey algorithm analyzing recent comparable sales in Norwalk.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12147 Molette Subject | $619,900* List Price | 2 | 1 | 675 | $902 | - |
A 12154 Nava Sold | $670,000 | 2 | 1 | 853 | $785 | 0.2 mi |
B 12007 Hayford Sold | $635,000 | 3 | 1 | 873 | $727 | 0.3 mi |
C 11967 Barnwall Active | $549,900 List Price | 2 | 1 | 736 | $747 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1952, the home is well-maintained but dated. Interior finishes like the ceramic tile flooring and mirrored closets appear to be from a renovation 20+ years ago. The presence of a window AC unit suggests older climate control systems, and the overall aesthetic requires modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential
The property features a spacious concrete backyard with ample room for a possible Accessory Dwelling Unit (ADU), providing significant value-add potential for investors or multi-generational families.
- Turnkey Condition
Well-maintained and showing clear pride of ownership, this home offers a move-in ready experience that is highly attractive to first-time buyers looking to avoid immediate renovation costs.
- Strategic Location
Ideally situated near local parks and major freeways, the property offers excellent accessibility for commuters and convenient access to community recreational amenities.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 675 square feet, the interior living area is quite compact, which may pose challenges for buyers requiring more room or additional storage.
- High Price Per Square Foot
The listing price relative to the small square footage results in a high price-per-square-foot ratio, which could impact appraisal valuations and market competitiveness.
About 12147 Molette
Nice Property in Norwalk for first time buyer or investor. This 2 bedroom 1 bath for 620,000 well maintaned, features spacious concrete back yard low maintenance great for family entertaining or space for possible ADU. Near Park and Freeways. Shows pride of ownership.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 3,900 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 675 | 1,240.426 |
| Lot Size | 3,900 | 5,344.851 |
| Price | $619.9K | $764.0K |
| Price per sq ft | $918 | $632 |
| Built year | 1952 | 1951 |
| HOA | $0 | $320 |
| Days on market | 14 | 50 |
Pricing History
Listed for Sale
Aug 26, 2026
$619,900
Initial Listing
Sold
Jan 22, 1992
$128,000
Public Record