15535 Crossdale Avenue, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 1 bath
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15535 Crossdale Avenue
Norwalk, California 90650
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,114Sq Ft
5,305Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$635,583
9% AboveMARKET VALUE
SUMMARY
FULL_VERSION
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well above the $635,584 Fair Market Value by -9%. Featuring a Condition Rating of 5, this distressed asset requires a full renovation of interior systems and finishes. The property’s proximity to Cerritos College and the 605 Freeway provides a strategic foundation for student housing or long-term rentals. This is a specialized acquisition ideal for Fix-and-Flip Investors or Rental Repositioning Specialists seeking to capture value through comprehensive structural and cosmetic upgrades.
SEO VERSION
Handyman special in Norwalk near Cerritos College. 3-bed, 1-bath fixer-upper with high rental potential. Cash-only investment opportunity for experienced renovators.
Estimated Market Value
$635,583
Based on Realkey algorithm analyzing recent comparable sales in Norwalk.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15535 Crossdale Avenue Subject | $699,000* List Price | 3 | 1 | 1,114 | $571 | - |
A 15608 Domart Avenue Sold | $730,000 | 3 | 1 | 1,111 | $657 | 0.5 mi |
B 15429 Piuma Sold | $612,000 | 3 | 1 | 1,050 | $583 | 0.5 mi |
C 15503 Halcourt Sold | $735,000 | 3 | 2 | 1,406 | $523 | 0.3 mi |
D 14808 Dalwood Sold | $580,000 | 2 | 1 | 1,170 | $496 | 0.5 mi |
E 14633 Elmcroft Ave Sold | $750,000 | 3 | 2 | 1,261 | $595 | 0.6 mi |
F 11702 Mapledale Sold | $700,000 | 3 | 1 | 1,280 | $547 | 1.0 mi |
G 14508 Allingham Sold | $725,000 | 3 | 1 | 1,261 | $575 | 0.7 mi |
H 15519 Crossdale Avenue Active Under Contract | $749,000 List Price | 3 | 2 | 1,342 | $558 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1955 with no recorded major renovations. The listing explicitly identifies the property as a 'Handyman Special' and 'distressed asset' requiring a full replacement of interior systems, finishes, and fixtures. The cash-only requirement and non-financeable status indicate significant safety or structural deficiencies, and the use of window AC units suggests a lack of modern HVAC systems.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated within walking distance to Cerritos College and offers easy access to the 605 Freeway, making it a prime location for student housing or commuter rentals.
- High Value-Add Potential
As a distressed asset in a stable Norwalk neighborhood, this home offers significant equity upside for investors through a full renovation, fix-and-flip, or rental repositioning strategy.
- Functional Lot and Layout
The property features a wide driveway, attached garage, and a spacious backyard, providing a solid foundation for modern redesigns, landscaping, or future structural enhancements.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The home is in poor condition, requiring a complete replacement of interior systems, finishes, and fixtures, which will necessitate a substantial capital investment.
- Restricted Financing Options
Due to its current state, the property is listed as a cash-only sale and is likely not financeable, significantly limiting the pool of potential buyers to liquid investors.
About 15535 Crossdale Avenue
Handyman Special. This 3-bedroom, 1-bath single-story home sits on a well-located lot and is ready for a full renovation. Interior systems, finishes, and fixtures require replacement—ideal for investors pursuing a fix-and-flip or rental repositioning. Located in one of Norwalk’s strongest pockets near Studebaker, Artesia, the 605 Freeway, and walking distance to Cerritos College, the property offers strong potential for student housing or long-term rental demand. The layout supports a modern redesign, including open-concept living, updated kitchen plans, and improved bedroom/bath flow. Exterior features include a wide driveway, attached garage, and a spacious backyard suited for landscaping or future enhancements. This is a rare chance to acquire a distressed asset in a stable neighborhood with solid resale and rental fundamentals. Perfect for experienced investors seeking full renovation upside.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 5,305 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 1,114 | 1,240.426 |
| Lot Size | 5,305 | 5,344.851 |
| Price | $699.0K | $764.0K |
| Price per sq ft | $627 | $632 |
| Built year | 1955 | 1951 |
| HOA | $0 | $320 |
| Days on market | 34 | 50 |
Pricing History
Listed for Sale
Aug 6, 2026
$699,000
Initial Listing
Sold
Sep 29, 2004
$415,000
Public Record
Sold
Jul 1, 2003
$275,000
Public Record