5562 Thelma Avenue, La Palma, California 90623, La Palma, 90623 - 3 bed, 2 bath

5562 Thelma Avenue, La Palma, California 90623 home-pic-0

5562 Thelma Avenue

La Palma, California 90623

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,335Sq Ft
5,090Lot Size

Property Price

LIST PRICE$1,021,000
EST. MARKET VALUE
$1,033,006

SUMMARY

Analysis of 5562 Thelma Avenue, La Palma, California 90623 reveals a Fairly Priced Property with a current list price of $1,021,000  aligned with the estimated $1,033,006 Fair Market Value. This represents a stable investment opportunity at market rate. 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 La Palma 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

$1,033,006
Based on Realkey algorithm analyzing recent comparable sales in La Palma.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5562 Thelma Avenue
Subject
$1,021,000*
List Price
321,335$774-
A
5442 La Luna
Sold
$1,069,000321,473$7260.5 mi
B
5191 Bridgewood
Sold
$1,206,000431,744$6920.4 mi
C
5831 Daisy Circle
Sold
$1,050,000321,728$6080.5 mi
D
5231 Bridgewood
Active Under Contract
$1,098,000
List Price
331,460$7520.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and demonstrates pride of ownership with significant recent upgrades including a new roof, fully paid-off solar system, fresh interior/exterior paint, and hardwood flooring. While the kitchen features a more traditional oak style, it is well-maintained with granite countertops and stainless steel appliances. The outdoor area is in excellent condition with a pool, jacuzzi, and built-in BBQ, making the home functional and well-maintained despite its 1972 original construction.

PROSSTRENGTHS & OPPORTUNITIES

  • Outdoor Entertainment Oasis

    The backyard is a standout feature, offering a pool, jacuzzi, built-in barbecue, and an extensive collection of mature fruit trees, creating a private resort-like atmosphere.

  • Energy Efficiency & Key Upgrades

    The property includes a fully paid-off solar system and a new roof, providing immediate value and significant long-term savings on utility and maintenance costs.

  • Prime Location & Accessibility

    Ideally situated with a park directly behind the home, the property offers easy access to major freeways, top-rated schools, and local attractions like Knott's Berry Farm.

CONSRISKS & DEFICIENCIES

  • Limited Interior Square Footage

    At 1,335 square feet, the living space may feel compact for families requiring larger common areas or more expansive bedroom sizes.

  • Vintage Layout Constraints

    Built in 1972, the home's original architectural footprint may lack the open-concept flow and high ceilings often sought after in more modern residential designs.

About 5562 Thelma Avenue

Welcome to this well-maintained three-bedroom, two-bath home in the heart of La Palma. The home features custom oak kitchen cabinets, granite countertops, and a cozy family den adjacent to the kitchen—ideal for everyday living and family gatherings. Recent upgrades include fresh interior and exterior paint, Laminate wood flooring, a new roof, and a fully paid-off solar system. The backyard is an entertainer’s dream, offering a pool, jacuzzi, built-in barbecue, and plenty of space for gatherings. All improvements have been completed with permits. Enjoy an impressive variety of mature fruit trees, including golden apple, guava, persimmon, pomegranate, fig, orange, jujube, apricot, and a unique tree with five varieties of citrus fruit. A beautiful park is located directly behind the home, close to schools, shopping centers, Knott's Berry farm and convenient access to the 91 and 5 freeways. Don’t miss this unique opportunity to own a home that combines comfort, style, and practicality in a prime location.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
5,090 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
22%
Baths2.03.0
39%
Square foot1,3352,197
13%
Lot Size5,0904,896
61%
Price$1.02M$1.20M
17%
Price per sq ft$765$582
96%
Built year19721968
83%
HOA$0$0
50%
Days on market7129
4%

Pricing History

Listed for Sale

Feb 28, 2026

$1,021,000

Initial Listing

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