2692 Salmon Drive, Rossmoor, California 90720, Rossmoor, 90720 - 4 bed, 3 bath
2692 Salmon Drive
Rossmoor, California 90720
Property Price
SUMMARY
Analysis of 2692 Salmon Drive, Rossmoor, California 90720 reveals a Prime Investment Opportunity with a current list price of $1,699,000—significantly undercutting the $1,777,383 Fair Market Value by 4%. This valuation gap indicates a +$78,383 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rossmoor Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2692 Salmon Drive Subject | $1,699,000* List Price | 4 | 3 | 2,410 | $738 | - |
A 12431 Foster Road Sold | $1,900,000 | 4 | 3 | 2,244 | $847 | 0.2 mi |
B 12852 Foster Road Sold | $1,790,000 | 4 | 3 | 2,000 | $895 | 0.3 mi |
C 2911 Walker Lee Drive Sold | $1,700,000 | 4 | 3 | 2,254 | $754 | 0.2 mi |
D 2782 Woodstock Road Sold | $1,575,000 | 4 | 3 | 2,040 | $772 | 0.5 mi |
E 12742 Foster Road Sold | $1,875,000 | 3 | 2 | 2,410 | $778 | 0.2 mi |
F 3432 Yellowtail Drive Active | $2,199,000 List Price | 5 | 4 | 2,733 | $805 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and has been meticulously maintained. While the 1959 build date is older, the home features significant functional upgrades including an updated electrical panel, dual-pane vinyl windows, and central A/C. Recent cosmetic refreshes such as fresh interior paint and new carpeting enhance its appeal. Although the kitchen and bathrooms reflect older design trends (white tile countertops and older cabinetry styles), they are clean and fully functional, meeting the criteria for a well-maintained home that does not require immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Francis Hopkinson Elementary School (10/10). Middle School: Oak Middle School (9/10). High School: Los Alamitos High School (9/10).
- Premier Location and Schools
Situated on a quiet interior street in the highly sought-after Rossmoor neighborhood, the property is just steps from the 10-rated Hopkinson Elementary and within the prestigious Los Alamitos Unified School District.
- Spacious Expanded Floor Plan
As an expanded Plymouth model with 2,410 square feet, this home offers a rare 4-bedroom, 3-bathroom configuration that provides significantly more living space and functionality than the standard original tract models.
CONSRISKS & DEFICIENCIES
- Potential for Cosmetic Updates
While the home is well-maintained and move-in ready, the 'all-white' kitchen and 1950s-era styling may require further modernization to align with contemporary luxury design trends.
- Vintage Infrastructure
Despite upgrades like the electrical panel and dual-pane windows, a home built in 1959 may still necessitate ongoing maintenance or future capital improvements to older systems typical of its age.
About 2692 Salmon Drive
Welcome to this well-maintained and expanded Plymouth Model located in the desirable ROSSMOOR neighborhood! Home shows light, bright, clean and move-in ready! Beautiful curb appeal with landscaped yards, timeless brick details, and located on a tree-lined interior street just steps from Hopkinson Elementary. Designed for both everyday living and entertaining, this 4-bedroom, 3-bath layout features an open floor plan with 2 fireplaces, and a seamless flow between formal and casual living and dining spaces. Built-ins provide added functionality, while the all-white kitchen offers plenty of counter space and storage, bar seating, and a charming breakfast nook. The primary bedroom with an enlarged ensuite bath features dual vanities, a walk-in shower, and closet with organizers. The guest bedrooms are generously sized, complemented by a guest bath with dual sinks and a spacious indoor laundry room. Recent updates include fresh interior paint and new carpeting. Additional amenities: A/C, dual-pane vinyl windows, recessed lighting, upgraded electrical panel, wood shutters, mirrored closet doors and more! Out back, enjoy a private patio setting with mature trees, brick planters, and block wall/wood panel fencing -- with no direct neighbors behind for added privacy. Finished garage with custom built-in cabinets & attic storage. Located near top-rated Los Alamitos schools, parks, shopping, dining and just minutes from the beach, this special home offers comfort, space, and endless potential to make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 7,700 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Rossmoor Unified Schools
Francis Hopkinson Elementary School
Grades K-5 • 0.1 mi
Jack L. Weaver Elementary School
Grades K-5 • 0.8 mi
Rossmoor Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,410 | 2,023 | 72% |
| Lot Size | 7,700 | 7,700 | 50% |
| Price | $1.70M | $1.59M | 60% |
| Price per sq ft | $705 | $752 | 38% |
| Built year | 1959 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 184 | 4% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,699,000
Initial Listing