
La Mirada, California 90638
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $884,109 Fair Market Value by 3%. This valuation gap offers $34,109 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers a functional single-story layout on a quiet cul-de-sac. While the interior requires cosmetic modernization, the solid bones and generous lot size provide a reliable canvas for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15710 Formby Subject | $850,000* List Price | 3 | 2 | 1,613 | $541 | - |
A 15030 Watkins Sold | $835,000 | 3 | 2 | 1,589 | $525 | 0.3 mi |
B 14604 Balin Place Sold | $620,000 | 3 | 2 | 1,385 | $448 | 0.1 mi |
C 14406 Mercado Sold | $792,000 | 3 | 2 | 1,254 | $632 | 0.4 mi |
D 15819 Rosalita Drive Sold | $910,000 | 3 | 2 | 1,678 | $542 | 0.3 mi |
E 16018 Formby Sold | $710,000 | 4 | 2 | 1,844 | $385 | 0.3 mi |
F 15525 Talbot Drive Sold | $950,000 | 4 | 2 | 1,767 | $538 | 0.6 mi |
G 14804 Rayfield Sold | $855,000 | 4 | 2 | 1,277 | $670 | 0.1 mi |
H 4692 Stanton Avenue Sold | $995,000 | 3 | 2 | 1,890 | $526 | 0.4 mi |
I 14612 Dunnet Active | $918,000 List Price | 3 | 3 | 1,839 | $499 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958 and held by the same family for nearly 60 years, the home is well-maintained but significantly dated. The kitchen and bathrooms feature oak cabinetry and fluorescent light boxes typical of a 20-30 year old renovation. While the home includes central HVAC and appears functional, the interior requires cosmetic modernization, including wallpaper removal and updated flooring/fixtures.
Situated on a quiet cul-de-sac in a sought-after La Mirada neighborhood, the property offers a safe, low-traffic environment with a generous 7,013-square-foot lot providing ample outdoor space.
The 1,613-square-foot floor plan features no interior steps, a spacious primary suite with a walk-in closet, and direct access to a two-car garage, ensuring excellent accessibility and convenience.
Held by the same family for 57 years, this 'well-loved' home offers a solid foundation and 'great bones,' providing a reliable canvas for the next owner's personal touches.
Being on the market for the first time in nearly six decades, the interior likely requires significant cosmetic updates and aesthetic renovations to meet contemporary design standards.
Given the 1958 construction and long-term residency, buyers may need to budget for potential upgrades to older systems or components that may not have been modernized recently.
First Time on the Market in 57 Years! Welcome to this well-loved single-story home located on a quiet cul-de-sac in one of La Mirada's desirable established neighborhoods. Offering 3 bedrooms, 2 bathrooms, 1,613 square feet of living space on a 7,013-square-foot lot, this home is ready for its next chapter The thoughtfully designed floor plan features no interior steps, making everyday living comfortable and convenient. The spacious primary suite includes a walk-in closet and private en-suite bathroom. A large family room with a cozy fireplace opens to the kitchen, creating the perfect space for gathering with family and friends. Additional features include central heating and air conditioning, an attached two-car garage with direct access, and a generously sized backyard offering endless possibilities for outdoor living, entertaining, gardening, or future customization. Lovingly maintained by the same family for nearly six decades, this home offers great bones and an incredible opportunity for its next owner to update and personalize while preserving its timeless charm. Conveniently located near parks, shopping, restaurants, golf, entertainment, and the award-winning La Mirada Theatre for the Performing Arts, with easy access to major freeways for commuting throughout Orange and Los Angeles Counties. Don't miss this rare opportunity to own a home that has been filled with love for 57 years and is ready to welcome its next family.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,613 | 1,594.567 |
| Lot Size | 7,013 | 6,654.612 |
| Price | $850.0K | $921.9K |
| Price per sq ft | $527 | $609 |
| Built year | 1958 | 1957 |
| HOA | $0 | $300 |
| Days on market | 39 | 46 |
Aug 1, 2026
$850,000
Initial Listing