$1,443,000
$122K PRICE DROP

Estimated payment $8,119/month

Total Views 30,816
0.5 Acre
$2,857,992 Price per Acre
21,993 Sq Ft Lot

Highlights

  • 0.5 Acre Lot
  • No HOA
  • Level Lot
  • Santa Fe High School Rated A-

About This Lot

DEVELOPERS & INVESTORS - FANTASTIC RESIDENTIAL COMMUNITY OPPORTUNITY! Zoned R3, potentially build residential townhome units with significant potential. Listed below current appraised value for quick sale. Current Duplex to be scrapped by developer.
Investment Opportunity High-Income Potential. Duplex/Single Family Home on HUGE 21,819 sqft lot. Front Home: 3 Bedroom 1 Bath Den, Bonus Room. Second Rear Unit: 1 Bed, 1 Bath fixer. Sold AS IS. The property is centrally located in Norwalk. Future residents will enjoy convenient access to amenities in the beautiful growing city of Norwalk. All buyers to verify all information. GREAT OPPORTUNITY TO BUILD YOUR OWN with a HUGE POTENTIAL for a PROFITABLE ROI. Centrally located to Downtown Los Angeles, the Beach, Disneyland, and Knott's Berry Farm. Centrally located to colleges, universities and schools. Easy access to major highways 5/605/105 freeways and Metrolink transportation. This could be the next planned community. CONTACT Listing Agent for all Information! Tax Assessor shows: 11331 Pioneer Blvd. but front of property is: 11723 Kenney St Norwalk, Ca 90650. The information provided by Agent, owner/occupant in the MLS, is deemed reliable but may not always be accurate. Agents/brokers verify all information and all complete buyer due diligence.

Listing Agent

Erik Kaiser

RE/MAX TerraSol Brokerage Email: erikfkaiser@gmail.com License #01111620 Listed on: 03/31/2025

RE/MAX TerraSol

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,612

Lot Details

  • 0.5 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Property is zoned NOR1-R3COND*, R3

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 8016016011
  • $985 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$1,612

Lot Details

0

Listing Details

  • Current Use Comments: Duplex is the current use. Rear house in need of major renovation.
  • Possible Use Comments: Norwalk Planning confirmed R3 zoning and would like to see townhomes on lot for the quickest approval. The city may be open to other potential uses to be presented for approval for the planning commission.
  • Road Surface Type: Paved
  • Survey: Buyer Pays
  • View: No
  • Zoning: NOR1-R3COND*
  • Zoning Description: R3
  • Property Type: Land
  • Parcel Number: 8016016011
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 65.61

Exterior Features

  • Fencing: Block, Chain Link

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21993.00
  • Lot Size Acres: 0.5049

Multi Family

  • Lot Size Area: 21993.0000 Square Feet

Tax Info

  • Tax Census Tract: 5502.01
  • Tax Lot: 12
  • TaxOtherAnnualAssessmentAmount: 985.00

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,612 $60,746 $44,432 $16,314
2023 $1,592 $59,556 $43,561 $15,995
2022 $1,607 $58,389 $42,707 $15,682
2021 $1,573 $57,245 $41,870 $15,375
2020 $1,563 $56,659 $41,441 $15,218
2019 $1,550 $55,549 $40,629 $14,920
2018 $1,316 $54,461 $39,833 $14,628
2016 $1,244 $52,348 $38,287 $14,061
2015 $1,130 $51,562 $37,712 $13,850
2014 $1,142 $50,553 $36,974 $13,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $1,443,000 -2.0% $867 / Sq Ft
06/20/2025 06/20/25 Price Changed $1,472,500 -3.0% $884 / Sq Ft
05/19/2025 05/19/25 Price Changed $1,518,000 -3.0% $912 / Sq Ft
03/25/2025 03/25/25 For Sale $1,565,000 -- $940 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25069584

California Regional Multiple Listing Service (CRMLS)

APN: 8016-016-011