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15532 Allingham, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 2 bath

15532 Allingham, Norwalk, California 90650 home-pic-0
ACTIVE$825,000
15532 Allingham, Norwalk, California 90650
3Beds
2Baths
1,642Sqft
6,112Lot

Price Vs. Estimate

The estimated value ($784,079.735) is $40,920.265 (4%) lower than the list price ($825,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strategic Location: Positioned just one block from the desirable cities of Cerritos and Artesia, offering convenient access to their amenities and a highly sought-after neighborhood.
Top Cons:
Dated Construction / Required Updates: Built in 1956, the property likely requires significant updates and renovations to meet modern aesthetic and functional standards, as implied by the 'upgrade to your taste' suggestion.

Compared to the nearby listings

Price:$825.0K vs avg $760.0K (+$65,000)80%
Size:1,642 sqft vs avg 1,149 sqft85%
Price/sqft:$502 vs avg $63718%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, this property features a highly outdated kitchen with original-style wood cabinets, tiled countertops, and very old built-in appliances. The bathroom also exhibits a dated aesthetic with tiled countertops and fixtures characteristic of the 1950s-1970s. While the property appears functional, these key areas require substantial rehabilitation and modernization, aligning with the 'Poor' condition criteria for properties built over 30 years ago with renovations (if any) dating back 30-50 years, and needing significant updates to meet current standards.
Year Built
1956
Close
-
List price
$825K
Original List price
$825K
Price/Sqft
$502
HOA
-
Days on market
-
Sold On
-
MLS number
RS25236142
Home ConditionPoor
Features
Patio
View-

About this home

Just in Time for Christmas! If you’ve been waiting for the perfect moment to jump into the real estate market - the time is now! Welcome to this fantastic opportunity in Norwalk, ideally located just one block from the cities of Cerritos and Artesia. Enjoy the convenience of nearby shopping and entertainment at Cerritos Town Center and the Los Cerritos Mall, plus easy access to Cerritos College and the Cerritos Center for the Performing Arts. Food lovers will appreciate the endless dining options nearby, offering some of the best Chinese, Korean, Indian, Mexican, and American cuisine Southern California has to offer. This charming home features 3 spacious bedrooms, 2 full baths, and offers over 1,640 sq. ft. of living space on a generous 6,112 sq. ft. lot. Built in 1956, it includes a 2-car garage and presents huge upside potential - upgrade to your taste or explore the possibility of adding an ADU for additional income or extended family living. Don’t miss this exceptional opportunity to own in one of Norwalk’s most convenient and desirable locations - just in time for the holidays!

Price History

Date
Event
Price
02/08/13
Sold
$327,000
Condition Rating
Poor
Built in 1956, this property features a highly outdated kitchen with original-style wood cabinets, tiled countertops, and very old built-in appliances. The bathroom also exhibits a dated aesthetic with tiled countertops and fixtures characteristic of the 1950s-1970s. While the property appears functional, these key areas require substantial rehabilitation and modernization, aligning with the 'Poor' condition criteria for properties built over 30 years ago with renovations (if any) dating back 30-50 years, and needing significant updates to meet current standards.
Pros & Cons

Pros

Strategic Location: Positioned just one block from the desirable cities of Cerritos and Artesia, offering convenient access to their amenities and a highly sought-after neighborhood.
Comprehensive Local Amenities: Exceptional proximity to major shopping centers (Cerritos Town Center, Los Cerritos Mall), educational institutions (Cerritos College), cultural venues, and a diverse array of dining options.
Significant Value-Add Potential: Presents 'huge upside potential' for customization and the possibility of adding an Accessory Dwelling Unit (ADU) for rental income or extended family living.
Spacious Layout & Lot: Features a substantial 1,642 sq. ft. of living space on a generous 6,112 sq. ft. lot, providing ample room for comfortable living and outdoor activities.
Functional Home Features: Includes 3 spacious bedrooms, 2 full bathrooms, and a practical 2-car garage, catering to typical family needs and convenience.

Cons

Dated Construction / Required Updates: Built in 1956, the property likely requires significant updates and renovations to meet modern aesthetic and functional standards, as implied by the 'upgrade to your taste' suggestion.
Potential Overpricing: The current listing price of $825,000 is considerably higher than the estimated property value of $691,565, suggesting it may be overpriced for the current market.
Absence of Premium Views: The property does not offer any special views ('view: None'), which could be a drawback for buyers prioritizing scenic surroundings.

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