There are several advantages and disadvantages to buying property in Norwalk, California. Here are a few to consider:

Advantages:
1. Location: Norwalk is located in Los Angeles County, which is a highly desirable area in Southern California. It's close to major attractions like Disneyland, Universal Studios, and Hollywood, and has easy access to major freeways.

2. Affordable housing: Norwalk is more affordable than some of the neighboring cities, making it a great option for those looking to purchase property without breaking the bank.

3. Diverse community: Norwalk is known for its diverse population, which includes a large Hispanic community. There are also many different types of housing options available, from single-family homes to apartments and condominiums.

Disadvantages:
1. High crime rates: Norwalk has a higher crime rate compared to other cities in the area. While crime rates have decreased in recent years, it can still be a concern for some.

2. Traffic: As with many Southern California cities, traffic in Norwalk can be quite heavy during peak hours.

3. Limited nightlife: For those looking for a vibrant nightlife scene, Norwalk may not be the best option. While there are plenty of restaurants and bars, it's not known for its nightlife.

Overall, Norwalk can be a great option for those looking for an affordable home in a diverse community. However, it's important to weigh the advantages and disadvantages to determine if it's the right fit for your needs.