
Los Alamitos, California 90720
This Spacious Rossmoor Residence is a High-Potential Investment Opportunity listed at $1,499,900—positioned below the $1,525,599 Fair Market Value by 1%. This valuation gap offers $25,699 in Instant Equity. Boasting a Fair Condition Rating, the 1,967 sqft interior features a gas fireplace, skylight, and private patio, providing a functional canvas for modernization. Located in the elite Los Alamitos Unified School District with 10/10 rated schools, this home balances lifestyle prestige with forced appreciation. It is ideal for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3001 Saint Albans Drive Subject | $1,499,900* List Price | 4 | 2 | 1,967 | $776 | - |
A 3221 Kempton Drive Sold | $1,340,000 | 3 | 2 | 1,598 | $839 | 0.3 mi |
B 12452 Martha Ann Drive Sold | $1,415,000 | 3 | 3 | 1,954 | $724 | 0.6 mi |
C 11291 Wembley Road Sold | $1,753,000 | 4 | 2 | 1,902 | $922 | 0.8 mi |
D 3241 Druid Lane Sold | $1,475,000 | 3 | 2 | 1,736 | $850 | 0.7 mi |
E 3272 Saint Albans Drive Sold | $1,700,000 | 3 | 2 | 1,978 | $859 | 0.4 mi |
F 3361 Rosemoor Way Sold | $1,500,000 | 3 | 2 | 1,911 | $785 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this property is well-maintained but largely outdated, fitting the 'fair' criteria perfectly. The kitchen features a previous renovation (likely 15-20 years ago) with oak cabinetry and granite countertops, but other areas show age with popcorn ceilings and older fixtures. The listing description explicitly frames the home as a 'canvas for your vision' and an opportunity to 'build equity,' confirming that while functional and livable, it requires modernization to meet current market standards for the area.
Elementary School: Francis Hopkinson Elementary School (10/10). Middle School: Oak Middle School (9/10). High School: Los Alamitos High School (9/10).
Situated in the highly coveted Rossmoor neighborhood, this property offers a prime position within a community known for its well-maintained homes and long-term value retention.
The home is served by exceptional, award-winning schools with ratings as high as 10/10, including Weaver and Hopkinson Elementary, making it a top choice for families.
Built in 1957 and retaining much of its original character, the property likely requires extensive modernization and cosmetic updates to meet contemporary luxury standards.
Given the $1.5M entry price and the need for significant upgrades, buyers will need substantial additional liquidity beyond the purchase price to realize the home's full potential.
Prime Los Alamitos Opportunity: Original Character Meets Modern Potential. Nestled in a sought-after neighborhood where beautifully maintained homes set the standard, this spacious residence offers a rare canvas for your vision. Inside, find a spacious floor plan featuring a gas fireplace and natural skylight. This is the perfect chance to build equity in a premier location. Washer, dryer, and refrigerator are included. Don't miss this chance to customize your dream home.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,967 | 2,000 | 47% |
| Lot Size | 7,072 | 7,700 | 13% |
| Price | $1.50M | $1.59M | 40% |
| Price per sq ft | $763 | $763 | 50% |
| Built year | 1957 | 1959 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 177 | 2% |
Apr 6, 2026
$1,499,900
Initial Listing