$699,000
MLS: IV26175454
Beds
3
Baths
2
Sq Ft
879
Lot
0.09 ac
Year Built
1952
MLS #
IV26175454
Days on Market
46
Listed
Aug 11, 2026
Description
3-Bedroom Norwalk Home with Nearly Completed Studio Conversion & Value-Add Potential Welcome to this versatile 3-bedroom, 2-bathroom home in Norwalk, situated on a 3,898-square-foot lot and offering approximately 879 square feet of living space. The property offers an exciting opportunity for buyers looking for additional space, rental potential, or a value-add project. One of the standout features is the garage conversion, which is nearly completed and has been configured for use as a studio. The remaining work provides an opportunity for the new owner to finish the space and pursue legalization as an ADU/studio, subject to applicable city permits, inspections, and approvals. Once completed and approved, the additional space could provide a variety of possibilities, including additional living quarters, a private space for extended family, a home office, guest accommodations, or potential rental income. The main residence features a practical 3-bedroom, 2-bathroom layout, while the additional converted space gives the property an added layer of flexibility that is increasingly desirable in today’s market.
Location
Norwalk, Los Angeles County, CA 90650
Open on Google Maps ↗Listed by: ROBERTO CASTILLO · ENCORE REAL ESTATE
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,612
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,321
- Property tax (1.25%)
- $728
- Homeowners insurance
- $300
- Mortgage insurance
- $262
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Norwalk home with as little as 3.5% down using an FHA loan — roughly $24,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Norwalk, CA 90650 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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