
Los Alamitos, California 90720
This property presents a High-Potential Investment Opportunity with a List Price of $1,139,000—positioned slightly above the $1,121,743 Fair Market Value. While requiring a full renovation due to its Condition Rating of 5, the 7,262 sqft lot offers significant upside for expansion in the prestigious Los Alamitos Unified School District. With proximity to 10/10 rated schools like Francis Hopkinson Elementary, this asset provides a rare entry point into a high-demand neighborhood. This project is ideal for Fix-and-Flip Investors or Contractors seeking a value-add residential acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12041 Davenport Subject | $1,139,000* List Price | 3 | 2 | 1,441 | $778 | - |
A 3221 Kempton Drive Sold | $1,340,000 | 3 | 2 | 1,598 | $839 | 0.3 mi |
B 12041 Paseo Bonita Sold | $1,200,000 | 3 | 2 | 1,323 | $907 | 0.1 mi |
C 3241 Druid Lane Sold | $1,475,000 | 3 | 2 | 1,736 | $850 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 and last sold in 1979, this 65-year-old property shows no evidence of modern renovations. The exterior displays significant deferred maintenance, including peeling paint and a tarp-covered garage door, while the listing explicitly states it needs many upgrades and is being sold for probate, indicating a full rehab is required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7262, living area = 1441.
Elementary School: Francis Hopkinson Elementary School (10/10). Middle School: Oak Middle School (9/10). High School: Los Alamitos High School (9/10).
The property is situated within the highly-rated Los Alamitos Unified School District and is within walking distance of Rossmoor Elementary, offering exceptional educational value.
Last sold in 1979, the home requires comprehensive upgrades and repairs, which will necessitate a significant additional capital investment.
The requirement for court confirmation can lead to a more complex transaction and a potentially longer closing timeline compared to a standard residential sale.
Great investment opportunity. This property offers a 1,441 sqft house on a generous 7,262 square foot lot with 3 bedrooms & 2 bathrooms. It was last sold in 1979 and is in need of many upgrades. This home is walking distance from Rossmoor Elementary & a short drive to Lee Elementary. Great location. Probate sale, court confirmation is required.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,441 | 2,060 | 10% |
| Lot Size | 7,262 | 7,920 | 16% |
| Price | $1.14M | $1.73M | 10% |
| Price per sq ft | $790 | $839 | 43% |
| Built year | 1959 | 1960 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 117 | 6% |
Apr 8, 2026
$1,139,000
Initial Listing