11549 Lexicon, Lakeview Terrace, California 91342, Lakeview Terrace, 91342 - 4 bed, 2 bath
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11549 Lexicon
Lakeview Terrace, California 91342
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
2Baths
1,910Sq Ft
9,018Lot Size
Property Price
LIST PRICE$724,999
EST. MARKET VALUE
$790,837
8% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $724,999—positioned well below the $790,837 Fair Market Value by 8%. This valuation gap offers $65,838 in Instant Equity. Featuring a Fair Condition Rating, the home includes a new roof and renovated kitchen, though it requires cosmetic TLC. The large 9,018 sqft lot and garage conversion provide significant expansion potential. This is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$790,837+$65,838 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lakeview Terrace.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11549 Lexicon Subject | $724,999* List Price | 4 | 2 | 1,910 | $414 | - |
A 12112 Hoyt Sold | $820,000 | 4 | 3 | 1,788 | $459 | 1.0 mi |
B 11454 Sunburst Street Active | $849,950 List Price | 5 | 4 | 1,988 | $428 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1961, the home features a recently renovated kitchen and a new roof which prevents a lower rating; however, the listing's explicit call for 'TLC' and appeal to 'flippers' indicates that the bathrooms, garage conversion, and overall interior systems remain dated and require significant cosmetic or minor structural updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9018, living area = 1910.
- Recent Capital Improvements
The property features a brand-new roof and a recently renovated kitchen, providing immediate value and reducing near-term maintenance expenses for the buyer.
- Significant Expansion Potential
With a garage already converted into two additional bedrooms and a bathroom, the home offers the rare flexibility to function as a 6-bedroom, 3-bathroom residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1910, other record living area = 1510.
- Required Maintenance
The home is noted to need 'TLC' and cosmetic updates, suggesting that the buyer will need to budget for additional repairs and renovations.
- Solar Lease Assumption
The buyer is required to take over an existing solar system lease at $101.10 per month, which represents a mandatory ongoing financial obligation.
About 11549 Lexicon
Attention... First time home buyers, investors and flippers!! This is a 4 bed + 2 full bath (possibly 6 bed 3 full bath) home.. The garage is converted into 2 bedrooms and a large 1 bath... Over 9,000 sqft lot. Charming home with a new roof, recently renovated kitchen, and solar system (the buyer will need to take over the lease with monthly payment of $101.10) this property is priced to generate action!! With a little bit of magic and TLC, this is the steal of the year for lovely Lakeview Terrace!!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 9,018 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,910 | 1,721 |
| Lot Size | 9,018 | 11,261 |
| Price | $725.0K | $1.04M |
| Price per sq ft | $380 | $590 |
| Built year | 1961 | 1963 |
| HOA | $0 | $0 |
| Days on market | 21 | 43 |
Pricing History
Listed for Sale
Aug 19, 2026
$724,999
Initial Listing
Sold
Jul 1, 2015
$440,000
Public Record
Sold
Jun 10, 2009
$275,000
Public Record