14318 Madris, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 2 bath
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14318 Madris
Norwalk, California 90650
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,204Sq Ft
5,902Lot Size
Property Price
LIST PRICE$789,999
EST. MARKET VALUE
$798,207
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $789,999—positioned well below the $798,208 Fair Market Value by 1%. This valuation gap offers $8,209 in Instant Equity. Featuring a private swimming pool and central air conditioning, the home has a Condition Rating of 4, requiring renovation to address unpermitted additions. This asset is ideal for Fix-and-Flip Investors or Contractors capable of navigating code compliance to unlock the full value of this Norwalk residence.
Estimated Market Value
$798,207
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 |
|---|---|---|---|---|---|---|
★ 14318 Madris Subject | $789,999* List Price | 3 | 2 | 1,204 | $663 | - |
A 13926 Norwalk Boulevard Sold | $640,000 | 2 | 1 | 1,066 | $600 | 0.3 mi |
B 11702 Mapledale Sold | $700,000 | 3 | 1 | 1,280 | $547 | 0.9 mi |
C 12713 Foster Rd Sold | $785,000 | 3 | 2 | 1,144 | $686 | 0.7 mi |
D 14619 Disney Avenue Sold | $615,000 | 2 | 1 | 1,027 | $599 | 0.3 mi |
E 12818 Rexton Sold | $760,000 | 3 | 1 | 1,149 | $661 | 0.6 mi |
F 12624 Rexton Sold | $730,000 | 3 | 1 | 1,149 | $635 | 0.4 mi |
G 14518 Arlee Sold | $820,000 | 3 | 2 | 1,389 | $590 | 0.7 mi |
H 12509 Firestone Sold | $770,000 | 3 | 2 | 1,410 | $546 | 0.3 mi |
I 11604 Everston Street Active | $749,900 List Price | 3 | 2 | 1,198 | $626 | 1.0 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 1948, the property shows signs of cosmetic updates including newer laminate flooring and fresh interior paint. However, the kitchen remains dated with older tile countertops and aged appliances. The presence of central HVAC is a plus, but the existence of unpermitted additions (room, bathroom, and garage conversion) and the explicit 'needs TLC' description indicate the need for minor to moderate repairs and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Outdoor Amenities
The property features a private swimming pool, a highly desirable asset for Southern California living and outdoor entertaining.
- Climate Control
Equipped with central air conditioning, providing essential comfort and immediate value in the Norwalk climate.
- Development Potential
The detached garage and spacious layout offer significant opportunities for customization or potential ADU conversion to increase property value.
CONSRISKS & DEFICIENCIES
- Unpermitted Additions
An additional room, bathroom, and garage conversion were completed without permits, which may pose challenges for financing and future code compliance.
- Deferred Maintenance
The home requires significant TLC and cosmetic updates, necessitating a buyer with the vision and budget for a full renovation.
About 14318 Madris
Welcome to the beautiful city of Norwalk! Located in a desirable and well-maintained neighborhood, this property offers a wonderful opportunity for a buyer ready to bring their vision to life. The home features 3 bedrooms, 1 bathroom, central air conditioning, a detached garage, and a private swimming pool, making it a great space for entertaining and enjoying Southern California living. The property does need some TLC, but it offers plenty of potential to customize and make it your own. An additional room and bathroom were added without permits and may provide an opportunity for future use or possible conversion. A portion of the detached garage has also been converted into additional living space without permits. With its pool, spacious layout, detached garage, and added areas, this home is full of possibilities for the right buyer. Bring your ideas, and your creativity to transform this property into something truly special. A great opportunity to own a home in Norwalk and make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,902 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 2.0 | 1.7 |
| Square foot | 1,204 | 1,240.426 |
| Lot Size | 5,902 | 5,344.851 |
| Price | $790.0K | $764.0K |
| Price per sq ft | $656 | $632 |
| Built year | 1948 | 1951 |
| HOA | $0 | $320 |
| Days on market | 13 | 50 |
Pricing History
Listed for Sale
Aug 27, 2026
$789,999
Initial Listing
Sold
Sep 19, 2024
$700,000
Public Record