
La Mirada, California 90638
This Somerset Gated Community Condominium is a Strong Value Opportunity, listed at a List Price of $1,200,000, which aligns closely with the $1,187,960 Fair Market Value. While the home maintains a Condition Rating of 4, its 1999 construction offers a solid foundation for modern cosmetic updates to enhance long-term value. Located in the Norwalk-La Mirada School District, this property provides a secure, low-maintenance lifestyle near Coyote Creek. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16409 Visions Subject | $1,200,000* List Price | 4 | 3 | 1,803 | $659 | - |
A 16366 Creekside Sold | $1,150,000 | 3 | 3 | 1,706 | $674 | 0.1 mi |
B 16520 Greystone Sold | $840,000 | 3 | 2 | 1,234 | $681 | 0.3 mi |
C 13606 Teal Ridge Court Active | $969,000 List Price | 3 | 3 | 1,461 | $663 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (27 years old), the home is exceptionally well-maintained but retains original builder-grade finishes including oak cabinetry and white tile countertops in the kitchen and bathrooms. Per the criteria, its age (>20 years) and dated aesthetic require modern updates to meet current market standards.
Situated in the exclusive Somerset gated community, this property offers a secure environment with immediate proximity to Orange County, shopping centers, and outdoor recreation like Coyote Creek.
Built in 1999, the home features a modern 4-bedroom, 3-bathroom layout across 1,803 square feet, providing a functional and spacious living environment for families.
Properties in this specific enclave are rarely available and highly sought after, suggesting strong long-term value retention and limited competition for buyers in this niche market.
At a list price of $1.2 million for a condominium-style ownership, the price per square foot is aggressive compared to traditional single-family homes in the broader La Mirada area.
With a lot size of only 2,897 square feet, the property offers very limited private outdoor space and lacks any significant views, which may deter buyers seeking a larger yard.
Seller is Motivated! THIS is the PLACE to be!!! Imagine, calling this home! A well appointed, beautiful home that is nestled in the Somerset community in La Mirada. What an EXCELLENT LOCATION!!! It is in a gated community. You would have pretty close access to the hills of La Mirada, La Habra and Fullerton. You are also literally steps to Orange County if needed. The Somerset community has houses in both La Mirada of Los Angeles County and Fullerton, of Orange County. Coyote Creek is just West of the community. You can use this for biking and walking. Shopping Centers of La Habra, Fullerton and La Mirada are very close. This home is well appointed. Not many of these houses go up for sale and are always in high demand. Grab it now while you can! Ask about the 4.375% (APR=4.998%), 3 year fixed then 1 year Adjustable FHA loan with 3.5% down payment - must qualify/lender approval needed, rate is an estimate subject to change without notice.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,803 | 1,111 |
| Lot Size | 2,897 | 216,728.375 |
| Price | $1.20M | $646.3K |
| Price per sq ft | $666 | $584 |
| Built year | 1999 | 1981 |
| HOA | $215.0 | $422 |
| Days on market | 14 | 58 |
Aug 26, 2026
$1,200,000
Initial Listing
Oct 28, 1999
$272,000
Public Record