
Norwalk, California 90650
This property presents a High-Potential Investment Opportunity with a List Price of $775,000—positioned well below the $741,349 Fair Market Value by -4%. While the home maintains a Condition Rating of 4, its 1948 vintage infrastructure offers a clear path for value-add renovations. The 6,000 square foot lot provides significant development potential, while the commuter-friendly location near major freeways ensures long-term rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers looking to build equity through targeted cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14826 Dalwood Avenue Subject | $760,000* List Price | 3 | 1 | 1,092 | $667 | - |
A 14644 Harvest Avenue Sold | $795,000 | 3 | 1 | 1,160 | $685 | 0.3 mi |
B 14633 Elmcroft Ave Sold | $750,000 | 3 | 2 | 1,261 | $595 | 0.1 mi |
C 14508 Allingham Sold | $725,000 | 3 | 1 | 1,261 | $575 | 0.3 mi |
D 11520 Liggett Sold | $785,000 | 3 | 2 | 1,132 | $693 | 0.6 mi |
E 11702 Mapledale Sold | $700,000 | 3 | 1 | 1,280 | $547 | 0.7 mi |
F 14808 Dalwood Sold | $580,000 | 2 | 1 | 1,170 | $496 | 0.0 mi |
G 15608 Domart Avenue Sold | $730,000 | 3 | 1 | 1,111 | $657 | 0.8 mi |
H 15429 Piuma Sold | $612,000 | 3 | 1 | 1,050 | $583 | 0.7 mi |
I 14402 Fairford Active | $789,900 List Price | 3 | 1 | 1,084 | $729 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property shows signs of partial, dated renovations. While the kitchen features stone countertops and newer patterned tile, the cabinetry and wood-paneled walls are significantly aged. The home appears functional and move-in ready for a first-time buyer but requires cosmetic updates and likely system inspections due to its 75+ year age.
The property boasts exceptional accessibility to major Southern California transit routes, situated near the 605, 91, 105, and 5 freeways, making it ideal for professionals commuting across the region.
Located within a short distance of local shopping centers, an elementary school, and just five minutes from Cerritos College, the home offers high convenience for families and students.
With a generous 6,000 square foot lot and a raised foundation, the property provides a solid footprint for future expansions, ADU additions, or simplified utility renovations.
The 3-bedroom layout is serviced by only a single bathroom, which may be a significant drawback for modern families and could impact the home's competitive value.
Built in 1948, the residence likely requires updates to its original systems and finishes to meet current energy efficiency standards and contemporary aesthetic preferences.
Location Location Location!!! Fantastic house for a first time buyer. They will love this property, its on a raised foundation. This home is located near all shopping center closed to elementary school. 5 minutes drive to Cerritos College, very near to 605, 91, 105, and 5 freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 1,092 | 1,240.426 |
| Lot Size | 6,000 | 5,344.851 |
| Price | $760.0K | $764.0K |
| Price per sq ft | $696 | $632 |
| Built year | 1948 | 1951 |
| HOA | $0 | $320 |
| Days on market | 49 | 50 |
Sep 4, 2026
$760,000
$775,000
-2% Price Drop
Initial Listing
Jul 22, 2026
$775,000
Initial Listing
Apr 1, 2022
$725,000
Public Record