12046 Olive Street, Norwalk, CA 90650
12046 Olive Street, Norwalk, CA 90650
Property Description
This rare opportunity features the original designer model home, ideally situated on a premium corner lot with an extensive collection of builder upgrades. The three-level residence offers three bedrooms, a private office or flexible living space, and an oversized powder room with potential to convert to a full bathroom. Its open-concept living area is filled with natural light. Interior highlights include Velluto shaker cabinetry, a ceiling-height Calacatta backsplash, brand-new LG stainless-steel appliances, (new washer, dryer, fridge, dishwasher, microwave/vent, ovens), and a new water softener. The oversized garage features epoxy flooring, built-in storage, and an EV-charger outlet. With fewer than 5% of Norwalk homes built this century, this newer-construction residence is a distinctive find. Private tours available by appointment.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Norwalk · Townhouse
Listed 9.2% above the median closed sale of $640,000. Price per sqft ($372) is a 20% discount to closed comps ($465). Closed comps sold at 101% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 12042 Orange | Norwalk | 1995 | 3 | 3 | 1,624 | 22,204 | $400 | $650,000 | 22 | 76 |
| 12032 Orange Street | Norwalk | 1995 | 3 | 3 | 1,624 | 22,204 | $376 | $610,000 | 39 | 72 |
| 15539 Woodruff | Bellflower | 1991 | 3 | 3 | 1,366 | 35,809 | $472 | $645,000 | 42 | 59 |
| 10409 Snowbell Court | Santa Fe Springs | 2013 | 3 | 3 | 1,400 | 104,233 | $492 | $689,000 | 2 | 58 |
| 11521 Promenade Drive | Santa Fe Springs | 1992 | 3 | 3 | 1,514 | 1,741 | $443 | $669,990 | 38 | 57 |
| Total: 5 · Average | 3.0 | 3.0 | 1,505.6 | 37,238.2 | $436.6 | $652,798 | 28.6 | |||
| Median | 1,514 | $650,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11945 Olive Street | Norwalk | 2005 | 07/27/2026 | 3 | 2 | 1,410 | 13,251 | $635,000 | $655,000 | $465 | 1.03 | 60 | 75 |
| 12038 Orange | Norwalk | 1995 | 02/04/2026 | 3 | 3 | 1,624 | 22,204 | $650,000 | $640,000 | $394 | 0.98 | 20 | 71 |
| 12812 Arroyo | Norwalk | 1964 | 02/27/2026 | 4 | 2 | 1,347 | 45,726 | $639,999 | $624,000 | $463 | 0.97 | 43 | 71 |
| 13144 Sycamore Village Drive | Norwalk | 1995 | 04/17/2026 | 3 | 3 | 1,491 | 90,627 | $649,999 | $690,000 | $463 | 1.06 | 36 | 68 |
| 12021 Walnut Street | Norwalk | 1984 | 05/29/2026 | 2 | 2 | 1,143 | 18,842 | $615,000 | $615,000 | $538 | 1.00 | 47 | 64 |
| Total: 5 · Average | 3.0 | 2.4 | 1,403 | 38,130 | $644,800 | $644,800 | $464.6 | — | 41.2 | ||||
| Median | 1,410 | $640,000 | $640,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.