14008 Clarkdale Avenue, Norwalk, California 90650, Norwalk, 90650 - 2 bed, 2 bath
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Norwalk, California 90650
This Value-Add Condominium presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well below the $522,617 Fair Market Value by 4%. This valuation gap provides $22,617 in Instant Equity for buyers ready to modernize the unit. Featuring a Condition Rating of 4, the "blank canvas" interior and original 1980s finishes offer significant room for forced appreciation through cosmetic updates. With a competitive $271 HOA fee and proximity to major freeways, this asset is perfectly suited for Buy-and-Hold Investors or first-time buyers looking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14008 Clarkdale Avenue Subject | $500,000* List Price | 2 | 2 | 1,045 | $500 | - |
A 12982 Sycamore Village Sold | $551,000 | 2 | 2 | 923 | $597 | 0.8 mi |
B 12874 Sycamore Village Drive Sold | $549,900 | 2 | 2 | 918 | $599 | 0.8 mi |
C 14742 Pioneer Boulevard Active | $610,000 List Price | 3 | 2 | 1,228 | $497 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, the property appears to be in mostly original condition with dated features including 1980s-style dark wood cabinetry, fluorescent light boxes, and popcorn ceilings. The exterior shows signs of deferred maintenance with peeling paint and weathered wood trim. While functional and habitable, the agent's description of the unit as a 'blank canvas' confirms that it requires cosmetic updates and modernization to meet current market standards.
The property is conveniently located near major freeways, schools, and shopping centers, offering excellent accessibility for commuters and easy access to everyday amenities.
Marketed as a 'blank canvas,' this unit provides a significant opportunity for investors or first-time buyers to build equity through personalized renovations and modern upgrades.
With an association fee of $271, the monthly carrying costs are relatively low for the Southern California market, enhancing long-term affordability.
The 'blank canvas' description suggests the unit likely requires immediate investment in cosmetic or functional updates to meet modern living standards.
The property is explicitly listed as having no views, which may be a drawback for buyers seeking aesthetic surroundings or natural vistas.
Built in 1982, the property may feature dated systems or original finishes that could require maintenance or replacement in the near future.
Welcome to 14008 Clarkdale Avenue, where potential is paramount! Nestled within a small, close-knit community, this unit is a blank canvas for all of your visions! Whether you're a first-time buyer or looking to invest, this unit offers comfort, convenience, and long-term value. Conveniently located near major freeways, parks, schools, shopping centers, and everyday amenities - this unit offers the added appeal of a well-located community!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,045 | 1,045 | 50% |
| Lot Size | 43,822 | 91,663 | 31% |
| Price | $500.0K | $549.9K | 31% |
| Price per sq ft | $478 | $518 | 38% |
| Built year | 1982 | 1982 | 50% |
| HOA | $271.0 | $325 | 23% |
| Days on market | 72 | 177 | 23% |
Feb 9, 2026
$500,000
Initial Listing
Mar 13, 2003
$194,000
Public Record