12509 Firestone, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 2 bath
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Norwalk, California 90650
This Value-Add Residential Asset represents a Strong Value Opportunity, listed at $749,900—positioned well below the $789,912 Fair Market Value by 5%. This valuation gap provides $40,012 in Instant Equity for the incoming owner. While the home holds a Condition Rating of 4 and requires cosmetic TLC, it features critical infrastructure upgrades including a newer roof and updated HVAC system. Situated on a desirable corner lot within the Norwalk - La Mirada district, the property includes a private patio and flexible bonus room. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking to build wealth through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12509 Firestone Subject | $749,900* List Price | 3 | 2 | 1,410 | $560 | - |
A 13406 Lancelot Avenue Sold | $800,000 | 3 | 2 | 1,326 | $603 | 0.4 mi |
B 14615 Horst Sold | $765,000 | 3 | 2 | 1,270 | $602 | 0.7 mi |
C 14602 Thornlake Avenue Sold | $750,000 | 3 | 2 | 1,177 | $637 | 0.5 mi |
D 13721 13721 Wilder Avenue Sold | $800,000 | 4 | 2 | 1,698 | $471 | 0.3 mi |
E 14329 Seaforth Active | $839,000 List Price | 4 | 2 | 1,482 | $566 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1949 build that has received some key infrastructure updates, including a newer roof and HVAC system. The kitchen is in relatively good condition with granite countertops and stainless steel appliances. However, the interior requires significant cosmetic attention; the carpets are heavily stained and worn throughout, the bathrooms feature dated vanities and fixtures, and the overall interior paint and finishes show signs of age and deferred maintenance.
The property features a newer roof and an updated HVAC system, significantly reducing the immediate need for high-cost capital improvements for the new owner.
In addition to three spacious bedrooms, the home includes a flexible bonus room and in-home laundry hookups, making it ideal for a home office or growing family.
Situated on a desirable corner lot with easy access to the 5 Freeway and Norwalk Town Center, the property offers a blend of privacy and exceptional convenience to local amenities.
The home is noted as needing 'minor TLC,' suggesting that buyers will need to invest additional time and capital into cosmetic or minor repairs to modernize the space.
Being located on Firestone Blvd and in close proximity to the 5 Freeway, the property may be subject to higher levels of ambient traffic noise compared to interior neighborhood lots.
Welcome to 12509 Firestone Blvd in Norwalk! This 3 bed, 2 bath single-family home sits on a desirable corner lot off the main road for added privacy and safety. The home offers spacious bedrooms, in-home laundry hookups, and a flexible bonus room ideal for an office or extra bedroom Recent improvements include a newer roof and updated HVAC system. With minor TLC, this property offers strong starter home and investment potential. Located near the 5 Freeway, Norwalk Town Center, shopping, hospitals, movie theaters, and Target, it provides easy access to key amenities in a quiet, well-kept neighborhood. A great opportunity for buyers seeking value, convenience, and room to personalize.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,410 | 1,205 | 74% |
| Lot Size | 5,187 | 5,294 | 39% |
| Price | $749.9K | $770.0K | 34% |
| Price per sq ft | $532 | $641 | 21% |
| Built year | 1949 | 1952 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 154 | 1% |
Apr 15, 2026
$749,900
Initial Listing
May 22, 2009
$275,000
Public Record
Mar 1, 2007
$530,000
Public Record