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4792 New Mexico, Cypress, California 90630, Cypress, 90630 - 4 bed, 2 bath

4792 New Mexico, Cypress, California 90630 home-pic-0
ACTIVE$995,000$1,576/sqft
Est. Value: $1,073,797
7%
BelowEstimate
4792 New Mexico, Cypress, California 90630
4Beds
2Baths
1,576Sqft
9,408Lot

Price Vs. Estimate

The estimated value ($1,073,796.71) is $78,796.71 (7%) higher than the list price ($995,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9408, living area = 1576.
Top Cons:
Exterior Cosmetic Updates Needed: The exterior could benefit from cosmetic updates to enhance curb appeal and modernize its aesthetic.

Compared to the nearby listings

Price:$995.0K vs avg $1.14M ($-145,000)30%
Size:1,576 sqft vs avg 1,700 sqft38%
Price/sqft:$631 vs avg $65740%

More Insights

Built in 1960 (66 years old).
Condition: Built in 1960, this property shows a mix of updates and outdated features. While the bathrooms have been recently and tastefully renovated to a modern standard, and the interior benefits from fresh paint and new carpet, the kitchen features dated tile countertops, traditional wood cabinets, and mixed appliance ages, indicating a need for modernization. The exterior also requires cosmetic updates as noted in the listing. The 'as-is' condition further suggests potential for additional repairs or upgrades beyond the visible cosmetic needs, aligning with a 'Fair' rating where major components are functional but show signs of being outdated, and minor updates or repairs are required.
Year Built
1960
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$631
HOA
-
Days on market
-
Sold On
-
MLS number
NP26012087
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Welcome to 4792 New Mexico Lane! A well-maintained 4-bedroom, 2-bathroom home nestled in a quiet and desirable Cypress cul-de-sac. Located within the highly regarded John F. Kennedy High School boundaries, this property offers over 9,400 square feet of land; nearly 50% larger than standard area lots, delivering room to grow, entertain, or reimagine. Inside, the 1,576 square foot layout features a functional floor plan with a primary suite that includes its own ensuite bathroom. The home has been cared for over the years, with a working central HVAC system and a clean, move-in ready interior. The detached two-car garage is larger than average, and the extra-wide driveway allows for ample parking and convenience. Outside, the oversized lot unfolds across a large back and side yard, and a gated front lawn, perfect for privacy, gatherings, or future expansion. While the exterior could benefit from some cosmetic updates, the property is being offered in as-is condition and is priced accordingly. This is a rare chance to secure a great home in a coveted Cypress neighborhood on an exceptional lot.

J
Joshua Coburn
Listing Agent
Condition Rating
Fair
Built in 1960, this property shows a mix of updates and outdated features. While the bathrooms have been recently and tastefully renovated to a modern standard, and the interior benefits from fresh paint and new carpet, the kitchen features dated tile countertops, traditional wood cabinets, and mixed appliance ages, indicating a need for modernization. The exterior also requires cosmetic updates as noted in the listing. The 'as-is' condition further suggests potential for additional repairs or upgrades beyond the visible cosmetic needs, aligning with a 'Fair' rating where major components are functional but show signs of being outdated, and minor updates or repairs are required.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9408, living area = 1576.
Exceptional Lot Size: The property boasts an oversized lot of over 9,400 sq ft, nearly 50% larger than standard, providing ample space for outdoor living, privacy, and future expansion possibilities.
Prime Cul-de-Sac Location: Nestled in a quiet and desirable Cypress cul-de-sac, offering enhanced safety, reduced traffic, and a strong sense of community.
Top-Rated School District: Located within the highly regarded John F. Kennedy High School boundaries, a significant advantage for families seeking excellent educational opportunities.
Well-Maintained & Move-in Ready: The interior is clean and move-in ready, featuring a functional floor plan with a primary suite and a working central HVAC system, indicating good upkeep.
Ample Parking & Storage: Includes a larger-than-average detached two-car garage and an extra-wide driveway, providing generous parking and storage solutions.

Cons

Exterior Cosmetic Updates Needed: The exterior could benefit from cosmetic updates to enhance curb appeal and modernize its aesthetic.
As-Is Sale Condition: The property is offered in 'as-is' condition, which may imply potential for unforeseen repairs or upgrades beyond cosmetic, requiring thorough buyer due diligence.
Age of Property: Built in 1960, the home's age, while well-maintained, suggests that some systems or finishes may be original and could require future modernization or maintenance.
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