16520 Greystone Drive 119, La Mirada, California 90638, La Mirada, 90638 - 2 bed, 2 bath
Loading property details...
La Mirada, California 90638
This Condominium Asset represents a High-Potential Investment Opportunity, listed at $700,000—positioned above the $624,979 Fair Market Value by 12%. While currently priced above market, the property features a Condition Rating of 4, offering significant upside through cosmetic modernization. The unit includes a versatile upstairs loft, community pool and spa, and is located within the Norwalk-La Mirada school district, which serves highly-rated schools like Olita Elementary. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16520 Greystone Drive 119 Subject | $700,000* List Price | 2 | 2 | 1,051 | $595 | - |
A 16521 Stonehaven Court 76 Sold | $575,000 | 1 | 1 | 975 | $590 | 0.1 mi |
B 15943 Alta Vista C Sold | $618,000 | 2 | 2 | 1,086 | $569 | 0.7 mi |
C 13220 Royalcrest Court 183 Sold | $800,000 | 3 | 2 | 1,234 | $648 | 0.1 mi |
D 15942 Alta Vista Dr D Sold | $600,000 | 2 | 2 | 1,132 | $530 | 0.7 mi |
E 15930 Alta Vista Drive 613c Sold | $660,000 | 2 | 2 | 1,156 | $571 | 0.7 mi |
F 13515 Avenida Santa Tecla 210d Sold | $500,000 | 2 | 2 | 1,067 | $469 | 0.8 mi |
G 13515 Avenida Santa Tecla F Sold | $598,800 | 2 | 2 | 1,025 | $584 | 0.8 mi |
H 13116 La Jolla Circle Active | $650,000 List Price | 2 | 2 | 1,091 | $596 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1990 (34 years old) and appears to have mostly original finishes. Visual evidence shows dated popcorn ceilings, older carpeting, and original bathroom fixtures that require modernization, fitting the criteria for a property over 20 years old needing updates.
The unique upstairs loft provides significant flexibility, serving as a home office, guest area, or additional lounge, which maximizes the functional square footage of the unit.
The property is zoned for highly-rated schools, including Olita Elementary and La Mirada High, which consistently receive high ratings, adding long-term value for families.
The open floor plan features in-unit laundry and a seamless flow between living spaces, complemented by community perks like a pool, spa, and secure parking.
The property is listed as having no specific view, which may limit its appeal to buyers looking for aesthetic surroundings or natural vistas from their living space.
With 1,051 square feet split between two bedrooms, two baths, and a loft, the individual living areas may feel constrained for buyers seeking more spacious room proportions.
Welcome to 16520 Greystone Drive Unit #119, a charming and well-maintained condo located in the highly desirable community of La Mirada. This inviting home offers a perfect blend of comfort, functionality, and low-maintenance living. Step inside to a bright and open living space featuring a functional floor plan designed for both everyday living and entertaining. The living room flows seamlessly into the dining area and kitchen, creating a warm and connected atmosphere. The kitchen offers ample cabinetry and counter space, along with a convenient washer and dryer closet located just off the kitchen, adding everyday ease and practicality. This unique unit also features a loft upstairs, perfect for a home office, guest space, or additional lounge area—adding valuable extra living space and versatility. The spacious bedroom provides a peaceful retreat with generous closet space, while the bathroom is well-appointed and thoughtfully designed. Large windows throughout bring in abundant natural light, enhancing the home’s bright and airy feel. Located in a well-maintained community, residents enjoy beautifully landscaped grounds and desirable amenities such as community pool/spas and secure parking. Conveniently situated near shopping, dining, parks, schools, and major freeways, this home offers an ideal location for commuters and everyday convenience. Whether you're a first-time buyer, downsizing, or investing, this condo is a fantastic opportunity to own in one of La Mirada’s most established neighborhoods.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,051 | 1,010.5 |
| Lot Size | - | 200,588.5 |
| Price | $700.0K | $588.8K |
| Price per sq ft | $666 | $587 |
| Built year | 1990 | 1982 |
| HOA | $340.0 | $425 |
| Days on market | 13 | 65 |
Jul 9, 2026
$700,000
Initial Listing
Oct 18, 2013
$344,000
Public Record
Jun 18, 2013
$280,000
Public Record
Dec 15, 2004
$383,000
Public Record
Mar 1, 2002
$225,000
Public Record
May 16, 2000
$178,000
Public Record