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14255 Coolbank, La Mirada, California 90638, La Mirada, 90638 - 3 bed, 2 bath

14255 Coolbank, La Mirada, California 90638 home-pic-0
ACTIVE UNDER CONTRACT$875,000$1,476/sqft
Est. Value: $887,396
1%
FairlyEstimate
14255 Coolbank, La Mirada, California 90638
3Beds
2Baths
1,476Sqft
6,494Lot

Price Vs. Estimate

The estimated value ($887,395.535) is $12,395.535 (1%) lower than the list price ($875,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location & Community: Located in a well-established and highly desirable La Mirada neighborhood on a quiet residential street, offering convenience to schools, parks, shopping, dining, and major transportation routes, alongside a strong sense of community.
Top Cons:
Requires Modernization/Updates: Built in 1959, the property is described as a 'canvas,' indicating that significant cosmetic and possibly functional updates (beyond the HVAC) are likely needed to meet contemporary buyer preferences and standards.

Compared to the nearby listings

Price:$875.0K vs avg $898.0K ($-23,000)41%
Size:1,476 sqft vs avg 1,545 sqft44%
Price/sqft:$593 vs avg $59152%

More Insights

Built in 1959 (67 years old).
Condition: Built in 1959, this home is aged but functional. The kitchen features very dated tile countertops, dark wood cabinets, and older white appliances, indicating a renovation likely 30+ years ago or original condition. The guest bathroom also shows significant age with small, dated tiles and a basic tub/shower combo. The master bathroom appears to have a slightly more recent vanity and shower, but still isn't modern. While the HVAC system is newer, the overall interior, including worn carpets and older hardwood floors, requires substantial cosmetic updates and rehabilitation to meet current standards. It is livable and has 'strong bones' but is far from move-in ready in terms of style and features.
Year Built
1959
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$593
HOA
-
Days on market
-
Sold On
-
MLS number
OC26002283
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

This is a wonderful opportunity to own this classic La Mirada home offering incredible potential in a well-established and highly desirable neighborhood. This three bedroom, two bath residence presents an outstanding opportunity for buyers looking to create their ideal living space while building long term value. Set on a generous 6,494 square foot lot, this home features a wonderful floor plan with well proportioned living areas filled with natural light. The main living space flows seamlessly into the dining area and kitchen, creating an inviting and functional setting. A newer HVAC system adds comfort and efficiency, allowing a buyer to enjoy the home without concern for major system updates. With three comfortable bedrooms and two full bathrooms, the layout offers flexibility for growing households, guests, or a home office setup. The expansive backyard provides ample space for outdoor entertaining, gardening, or expansion, and offers potential for an ADU, making it an excellent option for extended family, rental income, or a private workspace. Located on a quiet residential street, this property is conveniently close to schools, parks, shopping, dining, and major transportation routes, offering both tranquility and accessibility. Homes in this area are known for their strong sense of community and enduring appeal. Don't miss this rare chance to secure a home with strong bones, a newer HVAC system, a desirable location, and incredible potential to expand, or re-imagine. A perfect canvas for buyers seeking value, vision, and long-term upside.

M
Matt Eddy
Listing Agent
Condition Rating
Fair
Built in 1959, this home is aged but functional. The kitchen features very dated tile countertops, dark wood cabinets, and older white appliances, indicating a renovation likely 30+ years ago or original condition. The guest bathroom also shows significant age with small, dated tiles and a basic tub/shower combo. The master bathroom appears to have a slightly more recent vanity and shower, but still isn't modern. While the HVAC system is newer, the overall interior, including worn carpets and older hardwood floors, requires substantial cosmetic updates and rehabilitation to meet current standards. It is livable and has 'strong bones' but is far from move-in ready in terms of style and features.
Pros & Cons

Pros

Desirable Location & Community: Located in a well-established and highly desirable La Mirada neighborhood on a quiet residential street, offering convenience to schools, parks, shopping, dining, and major transportation routes, alongside a strong sense of community.
Significant Value-Add Potential: The property is presented as a 'perfect canvas' with 'incredible potential' for buyers to create their ideal living space, expand, or re-imagine, offering long-term value and upside.
Newer HVAC System: A newer HVAC system provides comfort and efficiency, eliminating immediate concerns for buyers regarding a major system update.
Generous Lot Size & ADU Potential: Set on a generous 6,494 square foot lot, the expansive backyard offers ample space for outdoor entertaining, gardening, or expansion, including potential for an Accessory Dwelling Unit (ADU).
Functional Floor Plan & Natural Light: The home features a wonderful floor plan with well-proportioned living areas filled with natural light, and a seamless flow between the main living space, dining area, and kitchen.

Cons

Requires Modernization/Updates: Built in 1959, the property is described as a 'canvas,' indicating that significant cosmetic and possibly functional updates (beyond the HVAC) are likely needed to meet contemporary buyer preferences and standards.
No Premium Views: The property offers a 'Neighborhood' view, lacking the panoramic or scenic vistas (e.g., ocean, city lights, mountains) that can significantly enhance property value and appeal in the Southern California market.
Older Home Infrastructure: Despite having 'strong bones,' the 1959 construction year suggests potential for older plumbing, electrical systems, or insulation, which may require future investment or upgrades.
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