14023 Studebaker, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 3 bath
Loading property details...
14023 Studebaker
Norwalk, California 90650
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
3Baths
1,250Sq Ft
4,985Lot Size
Property Price
LIST PRICE$634,950
EST. MARKET VALUE
$637,377
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $634,950—positioned well below the $637,378 Fair Market Value by 0.38%. This asset offers $2,428 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a 1,250 Sq Ft footprint and a detached garage, the property provides significant ADU Potential for rental income. This is a distressed acquisition ideal for Fix-and-Flip Investors or Contractors capable of managing unpermitted construction and major structural repairs.
Estimated Market Value
$637,377
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 |
|---|---|---|---|---|---|---|
★ 14023 Studebaker Subject | $634,950* List Price | 3 | 3 | 1,250 | $510 | - |
A 10817 Leffingwell Sold | $774,000 | 3 | 2 | 1,436 | $539 | 0.2 mi |
B 13534 Behrens Sold | $575,000 | 3 | 2 | 1,192 | $482 | 0.3 mi |
C 14633 Elmcroft Ave Sold | $750,000 | 3 | 2 | 1,261 | $595 | 0.5 mi |
D 13917 Roseton Sold | $735,000 | 3 | 2 | 1,186 | $620 | 0.7 mi |
E 14508 Allingham Sold | $725,000 | 3 | 1 | 1,261 | $575 | 0.3 mi |
F 12714 Orr And Day Sold | $540,000 | 3 | 2 | 1,404 | $385 | 1.0 mi |
G 11434 Littchen St Sold | $750,000 | 3 | 2 | 1,304 | $575 | 0.8 mi |
H 11035 Borson Sold | $780,000 | 3 | 2 | 1,271 | $614 | 0.8 mi |
I 11722 Brimley Active | $749,900 List Price | 3 | 1 | 1,201 | $624 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1950 (74 years old) with no documented renovations, this property is explicitly listed as needing 'major repair' and is restricted to cash buyers. The presence of unpermitted additions and the requirement for a total rehab due to potential safety or structural defects align with the poor condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Opportunity
Priced specifically for cash buyers, this property offers a significant value-add opportunity for investors looking to renovate and flip in a high-demand Norwalk submarket.
- Expanded Living Space
With an estimated 1,250 square feet of living space, the home provides a larger footprint than the original tax records, offering more room for creative reconfiguration.
- ADU Potential
The presence of a two-car detached garage on a nearly 5,000 square foot lot presents an ideal opportunity for an Accessory Dwelling Unit (ADU) conversion to maximize rental income.
CONSRISKS & DEFICIENCIES
- Severe Deferred Maintenance
The property requires major repairs and is limited to cash-only transactions, excluding buyers who require traditional financing like FHA or Conventional loans.
- Unpermitted Construction
The lack of permits for the additional square footage and bathrooms creates significant legal and safety risks that may require costly retroactive permitting or remediation.
About 14023 Studebaker
* Home Is In Need Of Major Repair ! * More Photos To Follow * Property To Be SOLD For Cash In Its Present Condition * 3 Bedrooms 3 Bathrooms Bonus Room * 1,250 Sq Ft Of Living Space Is Estimated ** There Are NO Permits For Any Additions * Tax Records Show Home Was A 3 Bedrooms 1 Bathroom 888 Sq Ft Of Living Space With A 2 Car Detached Garage *
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 4,985 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 3.0 |
| Baths | 3.0 | 1.7 |
| Square foot | 1,250 | 1,240.426 |
| Lot Size | 4,985 | 5,344.851 |
| Price | $635.0K | $764.0K |
| Price per sq ft | $508 | $632 |
| Built year | 1950 | 1951 |
| HOA | $0 | $320 |
| Days on market | 7 | 50 |
Pricing History
Listed for Sale
Sep 2, 2026
$634,950
Initial Listing