$698,888
●
House -
In Contract
11838 Gem
Norwalk, CA 90650
2 Beds
1 Bath
749 Ft²
$3,432
Est. Monthly
About This Property
Charming and beautifully updated 2-bedroom, 1-bathroom home
situated on a desirable tree-lined street. This inviting residence
features a remodeled kitchen with modern finishes and stylish
backsplash, updated flooring throughout, a remodeled bathroom, and
central A/C for year-round comfort. The spacious backyard offers
plenty of room for entertaining, gardening, and potential ADU
development, buyer to verify with the city. Conveniently located
near major freeways, shopping, dining, and everyday amenities. A
wonderful opportunity to own a move-in-ready home with both comfort
and future potential.
Unit Size
749 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$933
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 18 days ago (CRMLS #DW26205714)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Sep 20, 2026 | Listed by Realty One Group United | $698,888 | |
| Listed by Realty One Group United | |||
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | Listed by Elisabeth Hale, Broker | $595,000 | |
| Listed by Elisabeth Hale, Broker | |||
   | |||
|
This is a FIXER that won't qualify for a loan. Big lot with a lot of potential. Nice area of Norwalk close to freeways and businesses.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: AllBedroomsUp
Flooring Type: Vinyl
Laundry Features: In Garage
Fireplace Features: None
Exterior Details
Square Footage: 749
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1949
Levels: One
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 5253
Lot Size Units: Square Feet
Lot Size Acres: 0.1206
Lot Size Square Feet: 5253
Tax Lot: 154
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Norwalk
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Listed by: Bryan Cruz, Realty One Group United
Last Updated: 18 days ago
Data Source: CRMLS, MLS# DW26205714
Last Updated: 18 days ago
Data Source: CRMLS, MLS# DW26205714
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