14119 Elmcroft Avenue, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 2 bath

14119 Elmcroft Avenue, Norwalk, California 90650 home-pic-0
ACTIVE$850,000
14119 Elmcroft Avenue, Norwalk, California 90650
3Beds
2Baths
1,072Sqft
5,281Lot
Year Built
1950
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$793
HOA
-
Days on market
-
Sold On
-
MLS number
PW25129705
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(84th), sqft - 1072(32th), beds - 3(50th), baths - 2(50th).

Nestled in one of Norwalk's most sought-after neighborhoods, this exquisite residence boasts remarkable curb appeal and features three generously sized bedrooms, complemented by a well-appointed bathroom. Upon entering, you are welcomed into a spacious living and dining area adorned with elegant tile flooring. The bedrooms are designed for comfort and convenience, showcasing beautiful laminate flooring. The kitchen is a culinary delight, showcasing sleek granite countertops that enhance both functionality and style. Additionally, the home includes a dedicated laundry area with washer and dryer facilities for added convenience. The backyard presents an ideal setting for entertaining, making it perfect for gatherings and outdoor enjoyment. Furthermore, this property includes an Accessory Dwelling Unit (ADU) situated within the garage, providing an excellent opportunity for additional rental income. This home seamlessly combines comfort, style, and investment potential, making it a truly exceptional offering. The buyer will be responsible for paying their agent's commission directly, as the seller will not cover the costs associated with the buyer's representation. This listing represents one of the most competitively priced single-family homes in the area.

Price History

Date
Event
Price
07/26/22
Sold
$730,000
04/23/20
Sold
$570,000
07/07/15
Sold
$415,000
04/24/03
Sold
$257,000
10/11/02
Sold
$250,000
10/24/97
Sold
$135,000
Condition Rating
Fair

Built in 1950, this property has received some modern cosmetic updates, including sleek granite countertops in the kitchen and updated tile and laminate flooring. The exterior shows good curb appeal and appears well-maintained. However, the property's age and the lack of explicit mention of recent extensive renovations, particularly regarding major systems like central HVAC (which is noted as a potential weakness), indicate that while functional, some components may be outdated. The description of the bathroom is vague, suggesting it may not have undergone a full modern renovation.
Pros & Cons

Pros

ADU for Rental Income: The property includes an Accessory Dwelling Unit (ADU) within the garage, offering an excellent opportunity for additional rental income or multi-generational living.
Desirable Location & Curb Appeal: Nestled in one of Norwalk's most sought-after neighborhoods, the residence boasts remarkable curb appeal, enhancing its attractiveness.
Updated Kitchen: The kitchen features sleek granite countertops, providing a modern and functional space for cooking and entertaining.
Modern Interior Flooring: The living and dining areas are adorned with elegant tile flooring, while bedrooms showcase beautiful laminate flooring, offering a contemporary aesthetic.
Entertainment-Ready Backyard: The backyard is described as an ideal setting for entertaining, perfect for gatherings and outdoor enjoyment.

Cons

Significant Overpricing: The list price of $850,000 is substantially higher than the property's estimated value of $532,189 and recent comparable sales, indicating it may be significantly overpriced for the current market.
Buyer Agent Commission Responsibility: The seller explicitly states that the buyer will be responsible for paying their agent's commission, which is an unusual and significant financial burden that could deter potential buyers.
Potential Lack of Central HVAC: As a 1950-built home, and with no mention of central air conditioning or heating in the description, it is likely the property lacks a modern HVAC system, which could impact comfort and resale value.

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