15523 Lancelot Ave
Norwalk, CA, 90650
$1,390,000
MLS: RS26046120
Beds
6
Baths
4
Sq Ft
2,541
Lot
0.11 ac
Year Built
1974
MLS #
RS26046120
Days on Market
25
Listed
Mar 16, 2026
Description
Norwalk city, but within the ABC school district. You can buy a home in a great school district at a lower price. Come take a look—don’t miss this great opportunity! This property is located in the City of Norwalk, the center of the Greater Los Angeles area. The two-story home offers approximately 2,551 sq. ft. of living space. It is conveniently located near the Metro Green Line terminal and has easy access to Freeways 5, 91, and 605. The home is within the ABC Unified School District and is eligible to attend the highly regarded Whitney High School. A small shopping plaza with restaurants and supermarkets is located directly across the main street. The neighborhood features a walled layout that limits through traffic, creating a quiet and secure environment. The community was originally developed in the 1970s, with homes that include two-car garages that still meet modern living needs. Wide streets throughout the neighborhood provide convenient driving and parking. The home features a patio-style living room near the front entrance, with a staircase leading to the second floor. The backyard includes concrete pavement, a shaded roof structure, and a wood trellis suitable for growing plants. The laundry area is located outside the kitchen wall, helping reduce indoor dust and minimizing the risk of water leakage inside the home. Zoned heat-pump system provides efficient heating and cooling. The electrical circuits and panel have been updated in recent years. Extensive upgrades and improvements have been made throughout the home over time. For flexible living arrangements, the home can be considered as having six rooms and four full bathrooms. Three standard size rooms share one bathroom, while the other three large rooms each have their own private bathroom. All rooms include ceiling light. According to city records, the house is a 4-bedroom, 2.5-bathroom property. To add on, a full bathroom added to the bonus room upstairs without permit, and one bedroom by the bathroom downstairs was isolated to a master room with no permit.
Location
Norwalk, Los Angeles County, CA 90650
Open on Google Maps ↗Listed by: Juan Zhang · IRN Realty
Payment estimate
$9,956
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,000 · Loan: $1,251,000
- Principal & Interest
- $7,686
- Property tax (1.25%)
- $1,448
- Homeowners insurance
- $300
- Mortgage insurance
- $521
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $48,650 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.
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
Only large teams outsell Mike Watson · Keller Williams Realty
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