
Norwalk, California 90650
This Classic 1929 Character Home is a High-Potential Investment Opportunity, listed at $698,000—positioned well below the $733,313 Fair Market Value by 4%. This valuation gap offers $35,313 in Instant Equity for buyers. Featuring original hardwood floors and a recently updated bathroom, the property maintains a Condition Rating of 4, providing move-in readiness with significant upside for modernization. The detached 2-car garage with workshop and large accessible attic offer versatile "house hack" potential within the Norwalk–La Mirada Unified School District. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15109 Alburtis Avenue Subject | $698,000* List Price | 3 | 1 | 1,299 | $537 | - |
A 12007 Lowemont Sold | $655,000 | 3 | 1 | 1,207 | $543 | 0.5 mi |
B 11425 Hayford Street Sold | $840,000 | 3 | 2 | 1,524 | $551 | 0.5 mi |
C 14026 Longworth Sold | $815,000 | 3 | 2 | 1,188 | $686 | 0.8 mi |
D 14615 Horst Sold | $765,000 | 3 | 2 | 1,270 | $602 | 0.6 mi |
E 15613 Thornlake Avenue Sold | $765,000 | 3 | 2 | 1,414 | $541 | 0.8 mi |
F 16004 Clarkdale Sold | $690,000 | 4 | 2 | 1,456 | $474 | 0.6 mi |
G 13917 Roseton Active | $725,000 List Price | 3 | 2 | 1,186 | $611 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1929 residence that shows a mix of updates and aged features. While the bathroom has been recently renovated and the original hardwood floors are in good condition, the kitchen remains dated with older tile countertops and white appliances. The home's overall aesthetic, including older light fixtures and the vintage nature of the 100-year-old structure, suggests that while functional and move-in ready, it requires further modernization to meet current 'good' or 'excellent' standards.
The property features a detached 2-car garage with a workshop and a studio-style apartment above, offering excellent flexibility for rental income, a home office, or guest quarters.
Built in 1929, this home retains its original charm with beautiful hardwood floors and a large accessible attic, while benefiting from a recently updated bathroom.
Situated in a well-established neighborhood within the Norwalk–La Mirada Unified School District, the home offers convenient access to major freeways, shopping, and parks.
With only one bathroom serving the main residence, the layout may be restrictive for larger families or those utilizing the additional living spaces.
As a 1929 structure, the property may require more frequent maintenance or future upgrades to its aging systems compared to newer builds.
Charming property located at 15109 Alburtis Ave in Norwalk, offering a unique opportunity for homeowners or investors alike. This residence features 3 bedrooms and 1 bathroom with approximately 1,299 sq ft of living space on a 5,004 sq ft lot. The home showcases beautiful hardwood floors in the living and dining rooms, a recently updated bathroom, and a large accessible attic, providing additional storage or potential creative use. The property also includes a detached 2-car garage with a connected workshop, offering excellent flexibility for extended family, guests, rental income, or a home office. Built in 1929, this classic Norwalk home combines character with functionality and sits in a well-established residential neighborhood within the Norwalk–La Mirada Unified School District. Conveniently located near shopping centers, schools, restaurants, parks, and major freeways, making commuting throughout Los Angeles County easy. Whether you are looking for a primary residence with additional space or an investment with potential, this property offers great possibilities in a desirable Norwalk location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 1,299 | 1,205 | 67% |
| Lot Size | 5,004 | 5,294 | 17% |
| Price | $698.0K | $770.0K | 21% |
| Price per sq ft | $537 | $641 | 22% |
| Built year | 1929 | 1952 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 154 | 9% |
Mar 3, 2026
$698,000
Initial Listing