15703 Madris Ave, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 1 bath
15703 Madris Ave
Norwalk, California 90650
Property Price
SUMMARY
Analysis of 15703 Madris Ave, Norwalk, California 90650 reveals a Fairly Priced Property with a current list price of $699,000 aligned with the estimated $695,094 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Norwalk Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15703 Madris Ave Subject | $699,000* List Price | 3 | 1 | 955 | $728 | - |
A 12011 Cedarvale Sold | $750,000 | 3 | 2 | 967 | $776 | 0.6 mi |
B 12110 Barnwall Street Sold | $715,000 | 3 | 2 | 1,101 | $649 | 0.3 mi |
C 16442 Elaine Avenue Sold | $725,000 | 3 | 1 | 984 | $737 | 0.7 mi |
D 12139 Barnwall Street Active | $684,900 List Price | 2 | 2 | 1,019 | $672 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent infrastructure improvements, including a roof, electrical panel, and water heater that are only three years old. The addition of modern amenities like paid-off solar panels and an EV charger elevates the property's functional condition. While the 1953 build and 'semi-upgraded' bathroom suggest some dated aesthetic elements, the major systems are well-maintained and within their expected lifespan, requiring no immediate major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Modern Upgrades
The property features fully paid-off solar panels and an installed EV charger, providing significant long-term utility savings and immediate value for electric vehicle owners.
- Recent Infrastructure Improvements
With the roof, electrical panel, and water heater all replaced approximately three years ago, the home offers essential peace of mind and reduced immediate maintenance costs.
- Productive Outdoor Space
The backyard is a standout asset featuring mature, fruit-bearing trees including avocado, mango, and lemon, offering a private and functional garden oasis.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 955 square feet for a three-bedroom configuration, the interior living areas may feel cramped and lack the spaciousness desired by growing families.
- Single Bathroom Constraint
Having only one bathroom for a three-bedroom residence can be a significant logistical drawback for households and may impact the property's overall market competitiveness.
About 15703 Madris Ave
This property will be delivered with fully paid-off solar panels, providing immediate energy savings for the next owner. An EV charger is already installed, making it ideal for electric vehicle owners. The roof, electrical panel, and water heater are approximately three years old, offering peace of mind. Inside, you’ll find comfortable living spaces and a semi-upgraded bathroom, making this home a great fit for first-time buyers or investors. The backyard is a standout feature with mature fruit trees, including avocado, mango, lemon, and apricot perfect for enjoying fresh fruit right at home. Centrally located with convenient access to major freeways, shopping centers, restaurants, parks, and schools. Situated just a few blocks from Cerritos, this home offers the benefit of a quiet, well-maintained neighborhood while remaining close to everyday essentials. A wonderful opportunity to own a home with both upgrades and location on its side.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 5,141 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 955 | 1,181.5 | 16% |
| Lot Size | 5,141 | 5,284 | 35% |
| Price | $699.0K | $764.5K | 25% |
| Price per sq ft | $732 | $648 | 76% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 169 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$699,000
Initial Listing
Sold
Oct 15, 2015
$335,000
Public Record
Sold
Jul 21, 2011
$235,000
Public Record