40140 Ridgemist Street, Lake Los Angeles, California 93591, Lake Los Angeles, 93591 - 3 bed, 2 bath
ACTIVE$480,000
40140 Ridgemist Street, Lake Los Angeles, California 93591
3Beds
2Baths
1,800Sqft
28,476Lot
Price Vs. Estimate
The estimated value ($384,109.545) is $95,890.455 (19%) lower than the list price ($480,000). This property may be overpriced.
Key pros and cons
Top Pros:
Flexible Living Space: The property features a spacious floor plan with a studio that can easily be converted into a fourth bedroom, offering versatility for various living arrangements or future expansion.
Top Cons:
Lack of Views: The property explicitly states 'view: None,' which could be a significant drawback for buyers prioritizing scenic vistas, especially in a region where views often command a premium.
Compared to the nearby listings
Price:$480.0K vs avg $405.0K (+$75,000)91%
Size:1,800 sqft vs avg 1,300 sqft91%
Price/sqft:$267 vs avg $30030%
More Insights
Built in 1987 (38 years old).
Condition: The property was built in 1987, making it 37 years old. While the description states it's 'well-maintained' and features laminated floors, the kitchen is significantly outdated with original-style dark wood cabinets, white tile countertops, and an old fluorescent light fixture, indicating no major renovation in this key area for a long time. The appliances appear older. Although some areas have recessed lighting and solar panels are a positive functional upgrade, the overall aesthetic, particularly in the kitchen, suggests the home has not undergone a full modern renovation. The condition aligns with a 'Fair' rating, as it is aged but maintained, with major components like the kitchen being functional but showing clear signs of being outdated and requiring substantial updates to meet current standards.
Year Built
1987
Close
-
List price
$480K
Original List price
$480K
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
GD25145153
Home ConditionFair
Features
Patio
View-
About this home
Welcome to this charming 3 bedroom, 2 bathroom home located at 40140 Ridgemist St in Lake Los Angeles, CA. This well-maintained property boasts a spacious floor plan with a studio that can easily be converted into a fourth bedroom. The interior features a delightful combination of tile and laminated floors, giving the space a modern and easy-to-maintain look. The spacious backyard provides plenty of room for outdoor activities and entertaining, making it a perfect retreat for relaxation and enjoyment. With its convenient location and desirable features, this property offers a wonderful opportunity for a comfortable and fulfilling lifestyle in the Lake Los Angeles area.
Condition Rating
Fair
The property was built in 1987, making it 37 years old. While the description states it's 'well-maintained' and features laminated floors, the kitchen is significantly outdated with original-style dark wood cabinets, white tile countertops, and an old fluorescent light fixture, indicating no major renovation in this key area for a long time. The appliances appear older. Although some areas have recessed lighting and solar panels are a positive functional upgrade, the overall aesthetic, particularly in the kitchen, suggests the home has not undergone a full modern renovation. The condition aligns with a 'Fair' rating, as it is aged but maintained, with major components like the kitchen being functional but showing clear signs of being outdated and requiring substantial updates to meet current standards.
Pros & Cons
Pros
Flexible Living Space: The property features a spacious floor plan with a studio that can easily be converted into a fourth bedroom, offering versatility for various living arrangements or future expansion.
Modern & Low-Maintenance Interiors: The interior boasts a delightful combination of tile and laminated floors, providing a contemporary aesthetic that is also easy to clean and maintain.
Expansive Outdoor Space: A spacious backyard offers ample room for outdoor activities, entertaining, and potential for landscaping or additional amenities, enhancing lifestyle and enjoyment.
Generous Lot Size: With a lot size of 28,476 sqft (over half an acre), the property provides significant privacy and potential for further development or extensive outdoor living.
Well-Maintained Condition: The property is described as 'well-maintained,' suggesting a good state of repair and care by previous owners, potentially reducing immediate maintenance concerns for a buyer.
Cons
Lack of Views: The property explicitly states 'view: None,' which could be a significant drawback for buyers prioritizing scenic vistas, especially in a region where views often command a premium.
Age of Property: Built in 1987, the home is over 35 years old. While well-maintained, it may feature older systems (e.g., HVAC, plumbing, electrical) or require updates to certain components not explicitly mentioned as having been renovated.
Geographic Location: Lake Los Angeles is a more remote, high desert community. While offering a 'comfortable and fulfilling lifestyle,' its distance from major urban centers and amenities might not appeal to all buyers, potentially limiting the buyer pool.