11101 Essex Drive, Los Alamitos, California 90720, Los Alamitos, 90720 - 4 bed, 3 bath
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11101 Essex Drive
Los Alamitos, California 90720
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,272Sq Ft
7,150Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,338,442
6% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,250,000—positioned well below the $1,338,442 Fair Market Value by 6%. This valuation gap offers $88,442 in Instant Equity for buyers ready to complete the unfinished upstairs. With a Condition Rating of 5, the home features a flexible layout ideal for multi-generational living or an ADU conversion. Located in the Los Alamitos Unified School District, this is a high-potential acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$1,338,442+$88,442 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Alamitos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11101 Essex Drive Subject 4 bd · 3 ba · 2,272 sqft · $589 | $1,250,000* List Price | 4 | 3 | 2,272 | $589 | - |
A 11271 Cherry Street Active Under Contract 5 bd · 2 ba · 1,783 sqft · $707 · 1.0 mi | $1,260,000 List Price | 5 | 2 | 1,783 | $707 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1950, this property is currently in a state of mid-renovation with significant portions of the interior gutted to the studs. The upstairs is an unfinished 'blank space' with exposed wiring, insulation, and framing, requiring a full rehab to make it livable and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Living Potential
The unique layout with a plumbed upstairs area offers an ideal setup for a legal ADU or multi-generational living, providing excellent flexibility for rental income.
- Premier School District
Situated within the highly-rated Los Alamitos Unified School District, this property offers significant long-term value and is a major draw for families.
- Oversized Lot and Storage
The generous 7,150 sqft lot paired with an oversized garage featuring backyard access provides rare utility and ample space for vehicles or a workshop.
CONSRISKS & DEFICIENCIES
- Unfinished Interior Space
The upstairs is currently a 'blank space' that requires completion, necessitating immediate additional capital investment and construction time from the buyer.
- Dated Original Structure
Built in 1950, the original downstairs portion may require modernization of systems and finishes to match the property's overall market price point.
About 11101 Essex Drive
This two story house has 4 bedrooms and 2.5 bathrooms. Downstairs is the original house that has 2 bedrooms and 1 bathroom, a kitchen and living room. The upstairs has 2 rooms and 1.5 bathrooms, a large open room for a living area and is plumbed for a kitchen. This is a blank space that needs to be finished, available to your personal touches. The downstairs and upstairs have mini splits that deliver heating and cooling for the home. This home can be for multi-generations or easily separated as an upstairs ADU for extra income. The ideas and choices are endless in decorating. This has a garage that is oversized with ample storage space and a single car garage door leading to the backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,150 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,272 | 2,066.76 |
| Lot Size | 7,150 | 7,726.6 |
| Price | $1.25M | $1.66M |
| Price per sq ft | $550 | $771 |
| Built year | 1950 | 1963 |
| HOA | $0 | $243 |
| Days on market | 15 | 65 |
Pricing History
Listed for Sale
Oct 10, 2026
$1,250,000
Initial Listing