5431 La Luna Drive, La Palma, California 90623, La Palma, 90623 - 3 bed, 2 bath
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La Palma, California 90623
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $988,000—positioned well below the $991,951 Fair Market Value by 0.4%. This valuation gap offers $3,951 in Instant Equity. Featuring a Condition Rating of 4, the home includes significant upgrades like new HVAC and dual-pane windows, while offering potential for cosmetic personalization. Located near Kennedy High School, this property is an ideal fit for Owner-Occupants seeking a stable neighborhood or first-time buyers prioritizing location and comfort.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5431 La Luna Drive Subject | $988,000* List Price | 3 | 2 | 1,473 | $673 | - |
A 5562 Thelma Avenue Sold | $1,010,000 | 3 | 2 | 1,335 | $757 | 0.5 mi |
B 5442 La Luna Sold | $1,069,000 | 3 | 2 | 1,473 | $726 | 0.0 mi |
C 7891 Comstock Circle Sold | $1,115,000 | 3 | 2 | 1,455 | $766 | 0.4 mi |
D 5172 Blairwood Sold | $1,050,000 | 4 | 3 | 1,680 | $625 | 0.5 mi |
E 4841 Sharon Drive Sold | $870,000 | 3 | 2 | 1,432 | $608 | 0.7 mi |
F 5231 Bridgewood Sold | $1,060,000 | 3 | 3 | 1,460 | $726 | 0.4 mi |
G 5337 Andrew Dr Sold | $1,240,000 | 3 | 2 | 1,980 | $626 | 0.6 mi |
H 5692 Conifer Sold | $1,000,000 | 4 | 2 | 1,660 | $602 | 0.8 mi |
I 5374 Houston Avenue Pending | $899,000 List Price | 3 | 2 | 1,455 | $618 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, the home has excellent 'big ticket' updates including new HVAC, dual-pane windows, and new stucco. However, the interior remains dated; images show popcorn ceilings and a bathroom with 20+ year old floral tile and brass fixtures. While move-in ready, the core aesthetic areas require modernization to meet 'Good' or 'Excellent' standards.
The property is move-in ready with significant recent improvements including new stucco, dual-pane windows, fresh interior/exterior paint, and a new HVAC system for energy efficiency.
Located within walking distance to highly regarded schools like Walker Junior High and Kennedy High School, offering significant appeal and value retention for families.
The primary bedroom serves as a true retreat, featuring a rare double-closet configuration, a private fireplace, and direct sliding-door access to the backyard oasis.
At 1,473 square feet, the living space may feel compact for larger families or those seeking expansive open-concept communal areas.
The property listing indicates no specific views, which may be a disadvantage for buyers prioritizing hillside or city light vistas common in premium Southern California neighborhoods.
Welcome to this beautifully updated, move-in-ready 3-bedroom, 2-bath home located in one of La Palma's most sought-after neighborhoods. Thoughtfully upgraded throughout, this home features a new front door, fireplace in the family room, fresh interior and exterior paint, new stucco, dual-pane windows, and central air conditioning and heating for modern comfort and energy efficiency. The spacious primary suite serves as a private retreat, complete with two closets, including a walk-in closet, a cozy fireplace, a walk-in shower, and a sliding glass door that opens directly to the backyard. The functional floor plan offers comfortable living spaces filled with natural light, creating the perfect setting for both everyday living and entertaining. Step outside to your private backyard oasis, ideal for outdoor dining, relaxing, or gathering with family and friends. Located within walking distance of highly regarded Walker Junior High and Kennedy High School, this exceptional home offers the perfect combination of location, comfort, and lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,473 | 2,222 |
| Lot Size | 5,914 | 4,952 |
| Price | $988.0K | $1.16M |
| Price per sq ft | $671 | $602 |
| Built year | 1969 | 1967 |
| HOA | $0 | $0 |
| Days on market | 26 | 40 |
Jun 26, 2026
$988,000
Initial Listing