
Norwalk, California 90650
This High-Potential Residential Asset is a Prime Investment Opportunity, listed at $680,000—positioned well below the $703,402 Fair Market Value by 3%. This valuation gap offers $23,402 in Instant Equity for strategic buyers. While the property holds a Fair Condition Rating due to its vintage 1951 finishes, the 5,710 sqft lot provides exceptional ADU Potential for future rental income. Located in the Norwalk - La Mirada district with easy freeway access, it offers a rare blend of affordability and forced appreciation. This is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13926 Norwalk Boulevard Subject | $660,000* List Price | 2 | 1 | 1,066 | $638 | - |
A 14615 Horst Sold | $765,000 | 3 | 2 | 1,270 | $602 | 0.5 mi |
B 14602 Thornlake Avenue Sold | $750,000 | 3 | 2 | 1,177 | $637 | 0.4 mi |
C 13406 Lancelot Avenue Sold | $800,000 | 3 | 2 | 1,326 | $603 | 0.7 mi |
D 12007 Highdale Street Pending | $709,900 List Price | 2 | 1 | 970 | $732 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this home is well-maintained and functional but remains largely in a vintage state. The kitchen features older painted cabinetry and tile countertops, while the bathroom and flooring show signs of age without recent modern updates. It meets the 'fair' criteria as an aged property that is livable through regular upkeep but requires cosmetic and system modernization to meet current standards.
The property features an oversized lot with exceptional potential for an Accessory Dwelling Unit (ADU), providing a valuable opportunity for rental income or multi-generational living.
Ideally situated with easy access to freeways, grocery stores, elementary schools, and local parks, offering high convenience for commuters and families alike.
The home will be delivered vacant at the close of escrow, allowing the buyer to move in immediately or start planned improvements without tenant-related delays.
Built in 1951, the home likely requires modernization and cosmetic updates to meet current market standards and buyer preferences.
With only two bedrooms and one bathroom, the current configuration may be too small for larger families or those requiring dedicated home office space.
Welcome to this charming 2 bedroom, 1 bath home situated on an oversized lot with exceptional ADU potential. Perfect for first time buyers, multi generational living, or buyers looking to offset their mortgage with future rental income, this property offers both immediate comfort and long term opportunity. Inside, the home provides a functional and practical layout filled with natural light, creating a warm and inviting atmosphere. The living areas flow comfortably for everyday living while still offering flexibility to update and personalize over time. The expansive backyard is the standout feature, offering ample space to relax, entertain, garden, or expand. Whether you envision weekend gatherings, a play area, or building an additional unit, the lot size opens the door to many possibilities. Properties with this kind of flexibility and future upside are becoming increasingly difficult to find. Conveniently located near grocery stores, freeway access, a nearby elementary school, and local parks, making daily errands and commuting simple. Golf enthusiasts will also appreciate being just a short drive to a regional golf course. The home will be delivered vacant at the close of escrow, allowing the next owner to move in immediately or begin improvements right away. An ideal opportunity to live in now while planning for future expansion and value growth.
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 | 1,066 | 1,199.5 | 29% |
| Lot Size | 5,710 | 5,298.5 | 73% |
| Price | $660.0K | $769.9K | 15% |
| Price per sq ft | $619 | $641 | 42% |
| Built year | 1951 | 1952 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 156 | 10% |
Apr 16, 2026
$660,000
$680,000
-3% Price Drop
Initial Listing
Feb 27, 2026
$680,000
Initial Listing