
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 | $1,286,750* List Price | 3 | 2 | 1,441 | $869 | - |
A 12042 Davenport Rd Sold | $1,200,000 | 3 | 2 | 1,702 | $705 | 0.0 mi |
B 3221 Kempton Drive Sold | $1,340,000 | 3 | 2 | 1,598 | $839 | 0.3 mi |
C 3241 Druid Lane Sold | $1,475,000 | 3 | 2 | 1,736 | $850 | 0.7 mi |
D 3021 Coleridge Drive Active Under Contract | $1,639,000 List Price | 4 | 2 | 1,650 | $993 | 0.6 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.
- PROBATE SALE - LISTING PRICE IS THE STARTING BID. This property offers 1,441 square feet on a generous 7,262 square foot lot. 3 Bedrooms 2 Bathrooms. Last registered sale was in 1979 & is in need of many upgrades. Walking distance to Rossmoor Elementary & a short drive to Lee Elementary. Great location - Probate sale - Court confirmation is required. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. This sale is subject to court confirmation & overbid. The timing of the hearing is subject to the court calendar. Court information such as date, location etc. will be posted here as soon as it is received. THERE ARE NO FINANCING, APPRAISAL OR INSPECTION CONTINGENCIES. Estate of Gregory W. Bishop.
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 |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,441 | 2,199 |
| Lot Size | 7,262 | 8,250 |
| Price | $1.29M | $1.56M |
| Price per sq ft | $893 | $787 |
| Built year | 1959 | 1966 |
| HOA | $0 | $0 |
| Days on market | 105 | 43 |
Jul 10, 2026
$1,286,750
$1,139,000
+13% Price Increase
Initial Listing
Apr 8, 2026
$1,139,000
Initial Listing