
Norwalk, California 90650
This Turnkey Multi-Unit Property represents a High-Potential Investment Opportunity, listed at $869,000—positioned above the $789,691 Fair Market Value. While priced at a premium, the property features a Condition Rating of 2, boasting modern beach-inspired upgrades and a detached ADU with fire sprinklers. The dual-metered setup and successful Airbnb history provide immediate income potential. With its strategic location near major Southern California attractions, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14349 Alburtis Avenue Subject | $869,000* List Price | 3 | 1 | 1,004 | $787 | - |
A 13714 Longworth Sold | $698,800 | 3 | 1 | 1,049 | $666 | 0.6 mi |
B 11623 Brimley Sold | $785,000 | 2 | 1 | 1,040 | $755 | 0.4 mi |
C 14319 Devlin Avenue Sold | $777,000 | 3 | 2 | 1,008 | $771 | 0.3 mi |
D 12007 Highdale Street Sold | $709,900 | 2 | 1 | 970 | $732 | 0.6 mi |
E 13932 Elmcroft Active | $659,900 List Price | 3 | 1 | 1,072 | $616 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1953, the property has undergone a comprehensive recent remodel (likely <5 years) including stone countertops in kitchens and baths, modern laminate flooring, and recessed lighting. The addition of a detached ADU with fire sprinklers, leased solar, and updated electrical/gas meters indicates the systems are in top condition, requiring no immediate maintenance.
The property includes a fully detached 1-bedroom ADU with separate gas and electric meters, providing an ideal setup for rental income, multi-generational living, or a turnkey Airbnb investment.
Both units have been comprehensively remodeled with beach-inspired decor, stone countertops, laminate plank flooring, and recessed lighting, offering a move-in-ready experience with high aesthetic appeal.
Ideally situated within 15 miles of major Southern California attractions like Disneyland and Huntington Beach, the property benefits from high demand for both short-term rentals and long-term residency.
The main residence features three bedrooms but only one bathroom, which may be a significant inconvenience for larger families or modern buyer expectations.
The primary residence is equipped with a leased solar system, which requires the buyer to assume an ongoing financial obligation and may complicate the mortgage qualification or escrow process.
ADU!! Main house is 1004 sq ft, ADU is 400 sq ft, total 1404 sq ft between both. Welcome to this beautifully remodeled and thoughtfully designed property featuring a charming 3-bedroom, 1-bath single-family residence plus a detached 1-bedroom, 1-bath ADU. Whether you're seeking multi-generational living, an income-producing investment, or a flexible owner-occupied opportunity, this unique property offers exceptional versatility. Both homes have been tastefully updated with Southern California beach-inspired décor, stone countertops in the kitchens and bathrooms, ceiling fans, recessed lighting, laminate plank flooring and private outdoor living spaces that create a relaxed coastal atmosphere. The primary residence features leased solar, helping reduce utility costs, while separate gas and electric meters provide convenience and flexibility for owners and tenants alike. The ADU is equipped with fire sprinklers for added safety and peace of mind. The beautifully landscaped grounds showcase drought-tolerant design, offering attractive curb appeal with low-maintenance living. Ample driveway parking adds everyday convenience. Currently operated as a successful Airbnb, this property presents an outstanding opportunity for investors or those looking to offset ownership costs. Ideally situated near shopping, dining, transportation, and major freeways, you'll enjoy easy access to some of Southern California's most popular destinations. Disneyland, Knott's Berry Farm, Pirates Dinner Adventure, Adventure City, Seal Beach, Long Beach, and Huntington Beach are all within approximately 15 miles, making this an attractive location for residents and visitors alike. A rare combination of comfort, flexibility, and location—don't miss this exceptional opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 1,004 | 1,061 |
| Lot Size | 5,753 | 5,241 |
| Price | $869.0K | $774.2K |
| Price per sq ft | $866 | $648 |
| Built year | 1953 | 1952 |
| HOA | $0 | $0 |
| Days on market | 0 | 47 |
Jun 10, 2026
$869,000
Initial Listing
Mar 27, 2018
$179,000
Public Record