
La Mirada, California 90638
This property presents a High-Potential Investment Opportunity with a List Price of $1,349,888—positioned above the $1,261,828 Fair Market Value. While the property requires modernization, its Fair Condition Rating and 2,583 sqft layout provide a blank canvas for value-add renovations. Key features include a resort-style backyard with pool and spa, a three-car garage, and a versatile downstairs bedroom. This asset is ideal for Fix-and-Flip Investors or Owner-Occupants looking to customize a spacious home in the Norwalk-La Mirada district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15921 Las Palmeras Subject | $1,349,888* List Price | 4 | 3 | 2,583 | $489 | - |
A 16608 Blackburn Sold | $1,200,000 | 4 | 3 | 2,392 | $502 | 0.9 mi |
B 15843 Shadywood Court Sold | $975,000 | 5 | 3 | 2,120 | $460 | 0.7 mi |
C 16739 Obispo Dr. Sold | $1,470,000 | 4 | 3 | 2,464 | $597 | 0.7 mi |
D 4692 Stanton Avenue Sold | $995,000 | 3 | 2 | 1,890 | $526 | 0.9 mi |
E 13628 Avenida Espana Pending | $1,099,000 List Price | 4 | 3 | 1,915 | $574 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 46 years old (built 1978) and appears to be in mostly original condition. While it features updated dual-pane windows, the kitchen and bathrooms are significantly outdated (>30 years), and the interior is dominated by popcorn ceilings, dated wallpaper, and worn carpeting, necessitating a full rehab to meet modern standards.
The outdoor space is a standout feature, equipped with a sparkling pool, jacuzzi, covered patio, and built-in fire pit, making it ideal for high-end entertaining.
The 2,583 sqft layout includes a highly desirable downstairs bedroom and a three-car garage, providing excellent flexibility for multigenerational families or home offices.
Vaulted ceilings, a dramatic wrought iron staircase, and a unique sunken conversation pit with a dual fireplace offer a grand sense of scale and rare mid-century inspired charm.
The property is noted as needing a 'personal touch' to unlock its potential, suggesting that significant cosmetic or structural updates may be necessary to modernize the 1978 interior.
Despite the premium price point and resort-style amenities, the property lacks any significant views, which may be a disadvantage compared to other elevated lots in the area.
Welcome to 15921 Las Palmeras Ave, a 2,583 square foot two story home on a 7,686 square foot lot in a desirable La Mirada neighborhood. Vaulted ceilings and a dramatic wrought iron staircase greet you at the entry, opening to a unique sunken conversation pit built around a dual fireplace, a rare architectural feature that anchors the main living space. The home offers a convenient downstairs bedroom, ideal for guests, a home office, or multigenerational living, plus a spacious three car garage. Updated dual pane windows bring in natural light and add energy efficiency throughout. Step outside to a resort style backyard featuring a sparkling pool, jacuzzi, covered patio, and built in fire pit, perfect for entertaining or unwinding after a long day. Upstairs, the primary suite includes a private balcony overlooking the pool and an en suite bath. With great bones, a fantastic layout, and tremendous upside for the right buyer, this home is ready for your personal touch to unlock its full potential. Opportunities like this in this area do not come along often, so do not wait to make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,583 | 1,557.5 |
| Lot Size | 7,686 | 6,555 |
| Price | $1.35M | $926.6K |
| Price per sq ft | $523 | $618 |
| Built year | 1978 | 1958 |
| HOA | $118.0 | $276 |
| Days on market | 15 | 48 |
Jul 7, 2026
$1,349,888
Initial Listing