
Norwalk, California 90650
This property presents a High-Potential Investment Opportunity with a List Price of $648,880—positioned slightly above the $645,121 Fair Market Value. While the home requires cosmetic updates, its Fair Condition Rating is offset by a Modernized Kitchen featuring granite countertops. The 5,000-square-foot lot offers significant Value-Add Potential through expansion or ADU development. Despite the challenge of unpermitted bonus rooms, the property serves as a strategic asset for Buy-and-Hold Investors or Owner-Occupants looking to build equity through targeted renovations in a sought-after Norwalk location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14429 Painter Avenue Subject | $648,880* List Price | 2 | 1 | 775 | $832 | - |
A 14516 Maryton Avenue Sold | $660,000 | 2 | 1 | 776 | $851 | 0.1 mi |
B 13304 Goller Sold | $760,000 | 3 | 1 | 972 | $782 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, the property features a partially renovated interior with an updated kitchen (granite counters, newer cabinetry). However, the home is largely dated, requiring refinishing of original hardwood floors and updates to the single bathroom. The presence of unpermitted bonus rooms and the 'value-add' description suggest it needs moderate cosmetic and potentially system updates to meet modern standards.
The kitchen has been tastefully upgraded with granite countertops, updated cabinetry, and durable tile flooring, offering a move-in-ready space that blends functionality with timeless appeal.
Featuring original hardwood floors and a need for cosmetic updates, this property serves as an ideal canvas for investors or homeowners looking to build equity through customization and restoration.
The 5,000-square-foot lot provides a spacious, low-maintenance backyard with significant room for expansion, outdoor entertaining, or the addition of ADU potential.
The property includes two bonus rooms that are not permitted, which may complicate financing, impact appraised value, and require future city compliance measures.
With only 775 square feet of permitted living space and a single bathroom, the home's official footprint is relatively small, which may be restrictive for larger families or those seeking more functional space.
Welcome to 14429 Painter Avenue, a fantastic opportunity in one of Norwalk's most desirable neighborhoods. This 4-bedroom, 1-bath home (with two bonus rooms that are not permitted) is full of potential and ready for its next owner to bring their vision to life. Featuring original hardwood floors throughout, this property offers the perfect canvas for customization. Restore and refinish the wood flooring to match your personal style, add fresh paint, and create the home you've always wanted. If you are looking for a value-add opportunity, this property presents endless possibilities. The kitchen has already been tastefully upgraded with granite countertops, beautiful cabinetry, and durable tile flooring, offering a blend of functionality and timeless appeal. In addition to the main living areas, the home includes a versatile bonus room that can serve as a home office, guest room, or creative space, plus an expansive additional room ideal for a family room, game room, or entertainment area. Step outside to a spacious, low-maintenance backyard with ample room to expand, add outdoor living features, or create the ultimate space for gatherings and entertaining. With strong upside potential, flexible living spaces, and an attractive price point, this is a rare opportunity to invest in a home with tremendous possibilities in a sought-after Norwalk location. Don't miss your chance to unlock the value and make this property your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 775 | 1,192 | 12% |
| Lot Size | 5,000 | 5,273 | 17% |
| Price | $648.9K | $765.0K | 15% |
| Price per sq ft | $837 | $649 | 86% |
| Built year | 1949 | 1952 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 126 | 2% |
May 29, 2026
$648,880
Initial Listing
Nov 5, 2002
$225,000
Public Record
Dec 31, 1998
$146,000
Public Record