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12063 Newmire Avenue, Norwalk, California 90650, Norwalk, 90650 - 5 bed, 4 bath

12063 Newmire Avenue, Norwalk, California 90650 home-pic-0
ACTIVE$1,095,000
12063 Newmire Avenue, Norwalk, California 90650
5Beds
4Baths
2,770Sqft
6,999Lot
Year Built
2005
Close
-
List price
$1.09M
Original List price
$1.13M
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
WS25154773
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.09M(98th), sqft - 2770(99th), beds - 5(95th), baths - 4(98th).

LOCATION! LOCATION! LOCATION! Welcome to this stunning Spanish-style two-story residence, ideally situated on the border of Downey and Norwalk—a prime location for both lifestyle and investment. Rebuilt from the ground up in 2005, this property offers modern construction with timeless character, including a permitted 1 bed/1 bath guest suite. The main home features 4 bedrooms, 3 bathrooms, and an additional flex space that can be used as an office, nursery, or bonus room. Enjoy unbeatable convenience—just 3–6 minutes from BMW, AUDI and Porsche dealerships, Target, Golf N' Stuff, Stonewood Center, Target, Costco, local parks, and top-rated schools. This is a commuter’s dream, offering quick access to Interstates 5, 605, and 105, connecting you to Los Angeles, Orange County, LAX, and beyond. Per County Assessor, property is noted as a duplex; however, City permits reflect a two-story main residence and a detached guest room. Buyers are advised to conduct their own investigations with the City of Norwalk to confirm current use and zoning compliance. Guest quarters are currently occupied but tenant will vacate by close of escrow.

Price History

Date
Event
Price
10/14/25
Price Change
$1,095,000-2.7%
08/03/25
$1,125,000
Condition Rating
Good
The property was rebuilt in 2005, making it 19 years old, which aligns well with the 'Good' category's age criteria (10-20 years). The visible areas, including the exterior, living spaces, and bedrooms, appear well-maintained and move-in ready. The bathroom, while featuring a style (tile, vanity, fixtures) consistent with a 2005 build and now appearing somewhat dated, is functional and clean, not requiring immediate repair. Crucially, there are no images of the kitchen, which prevents a full assessment of this key area. However, assuming the kitchen is in similar functional condition and style to the rest of the house, the property is considered move-in ready with no immediate renovation required, though some aesthetic updates might be desired by a new owner.
Pros & Cons

Pros

Prime Location: Strategically situated on the border of Downey and Norwalk, offering excellent access to major freeways (I-5, 605, 105), top-rated schools, and a wide array of amenities including shopping centers and dealerships.
Modern Construction: Rebuilt from the ground up in 2005, the property boasts modern construction and infrastructure, providing contemporary living standards and potentially lower immediate maintenance costs.
Permitted Guest Suite: Includes a permitted 1-bedroom, 1-bathroom guest suite, offering significant flexibility for rental income, multi-generational living, or a dedicated home office/studio space.
Spacious & Flexible Layout: The main home features 4 bedrooms, 3 bathrooms, and an additional flex space, totaling 5 beds and 4 baths across 2770 sqft, accommodating diverse family needs.
Architectural Style: The stunning Spanish-style architecture provides timeless character and strong curb appeal, appealing to buyers seeking a distinctive aesthetic.

Cons

Zoning/Permit Discrepancy: A notable discrepancy exists between the County Assessor's 'duplex' classification and City permits reflecting a main residence with a detached guest room, requiring buyer due diligence for compliance.
Listing Price vs. Estimated Value: The current listing price of $1.095M is above the estimated property value of $1.074M, which may impact buyer perception and negotiation leverage.
Recent Price Reduction: The property has already undergone a price reduction from its original list price, potentially indicating initial overpricing or a slower market response.

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