15381 Pacific Street, Midway City, California 92655, Midway City, 92655 - 3 bed, 1 bath
ACTIVE$999,000$1,016/sqft
Est. Value: $989,545
%
FairlyEstimate
15381 Pacific Street, Midway City, California 92655
3Beds
1Bath
1,016Sqft
7,312Lot
Price Vs. Estimate
The estimated value ($989,545.105) is $9,454.895 (0%) lower than the list price ($999,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 7312, living area = 1016.
Top Cons:
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a significant inconvenience for families or multiple occupants.
Compared to the nearby listings
Price:$999.0K vs avg $1.14M ($-136,000)25%
Size:1,016 sqft vs avg 1,542.5 sqft8%
Price/sqft:$983 vs avg $72583%
More Insights
Built in 1956 (70 years old).
Condition: The property, built in 1956, has undergone significant and stylish renovations in key areas. The kitchen features modern white shaker cabinets, stainless steel appliances, a vibrant blue subway tile backsplash, and unique resin countertops. The bathroom is also fully updated with a glass-enclosed shower, modern vanity, and a freestanding mosaic-style tub. New laminate flooring is present throughout the living areas and bedrooms, making the home move-in ready. While these visible updates are excellent, the overall age of the structure and the lack of explicit information regarding updates to major systems (HVAC, plumbing, electrical) prevent an 'Excellent' rating, which implies all components are virtually new.
Year Built
1956
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$983
HOA
-
Days on market
-
Sold On
-
MLS number
26638961
Home ConditionGood
Features
View-
About this home
Welcome to this 3-bedroom, 1-bath Midway City home featuring an open living room and a functional, comfortable layout. The large backyard offers excellent ADU potential, providing flexibility for expansion, rental income, or future development. Ideally located next to Little Saigon, with convenient access to shopping, dining, and major freeways. A great opportunity for both owner-occupants and investors seeking long-term value in a desirable location.
F
Frank Ly
Listing Agent
Price History
Date
Event
Price
09/24/24
Sold
$953,000
Condition Rating
Good
The property, built in 1956, has undergone significant and stylish renovations in key areas. The kitchen features modern white shaker cabinets, stainless steel appliances, a vibrant blue subway tile backsplash, and unique resin countertops. The bathroom is also fully updated with a glass-enclosed shower, modern vanity, and a freestanding mosaic-style tub. New laminate flooring is present throughout the living areas and bedrooms, making the home move-in ready. While these visible updates are excellent, the overall age of the structure and the lack of explicit information regarding updates to major systems (HVAC, plumbing, electrical) prevent an 'Excellent' rating, which implies all components are virtually new.
Pros & Cons
Pros
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 = 7312, living area = 1016.
ADU Potential: The large backyard offers excellent Accessory Dwelling Unit (ADU) potential, providing significant flexibility for expansion, generating rental income, or future development.
Prime Location: Ideally located next to Little Saigon, offering convenient access to a vibrant array of shopping, dining, and cultural amenities.
Excellent Accessibility: The property boasts convenient access to major freeways, which is highly beneficial for commuting and regional travel.
Broad Market Appeal: This home presents a great opportunity for both owner-occupants seeking long-term value and investors looking for development potential.
Generous Lot Size: A substantial 7,312 sqft lot provides ample outdoor space and strongly supports the property's ADU potential.
Cons
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a significant inconvenience for families or multiple occupants.
Age of Property: Built in 1956, the home may require updates to its original systems (e.g., plumbing, electrical, HVAC) and finishes to meet modern standards and energy efficiency expectations.
Compact Interior Space: With 1,016 sqft, the interior living space is relatively compact for a 3-bedroom home, which might feel constrained for some buyers.