11979 Olive St, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 1 bath
ACTIVE$649,000
11979 Olive St, Norwalk, California 90650
3Beds
1Bath
1,344Sqft
6,534Lot
Year Built
1922
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
$483
HOA
-
Days on market
-
Sold On
-
MLS number
DW25258707
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $649.0K(11th), sqft - 1344(68th), beds - 3(50th), baths - 1(46th).
Single Family Residence 3/beds 1/bath property is currently in NOD sold AS IS. Do Not Disturb tenants.
Price History
Date
Event
Price
11/11/25
Listing
$649,000
10/31/13
Sold
$359,000
02/19/13
Sold
$225,000
Condition Rating
Poor
Built in 1922, this property is over a century old and is being sold 'AS IS' and 'in NOD,' indicating a distressed sale requiring substantial repairs and rehabilitation. The listing explicitly mentions 'outdated systems' and the likelihood of 'significant repairs or renovations.' With only one bathroom for three bedrooms, the functional layout is also outdated. While interior images are not provided, the age and 'AS IS' condition strongly suggest the kitchen and bathroom are in poor, outdated condition, requiring major updates.
Pros & Cons
Pros
Property Type & Size: As a Single Family Residence with 3 bedrooms and 1344 sqft, the property appeals to a broad range of buyers seeking a traditional home.
Generous Lot Size: The 6534 sqft lot provides ample outdoor space, offering potential for landscaping, expansion, or creating a desirable backyard oasis.
Competitive Listing Price: The property is listed slightly below its estimated market value, potentially offering immediate equity or a competitive entry point for buyers.
Established Location: Situated in Norwalk, an established community, the property benefits from access to the Norwalk - La Mirada high school district, appealing to families.
Historical Appreciation: The property's sales history indicates significant value appreciation over time, suggesting strong long-term investment potential in the area.
Cons
Distressed Sale & As-Is Condition: The property is in Notice of Default (NOD) and sold 'AS IS,' indicating a complex transaction, potential for foreclosure, and likely requiring significant repairs or renovations at the buyer's expense.
Tenant Occupancy & Access Limitations: The 'Do Not Disturb tenants' instruction severely restricts buyer access for showings and inspections, and implies potential challenges with tenant removal and possession post-closing.
Age and Functional Obsolescence: Built in 1922, the home is over a century old, suggesting outdated systems, potential for deferred maintenance, and a single bathroom for three bedrooms, which can be a functional drawback.