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

5562 Thelma Avenue
La Palma, California 90623
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5562 Thelma Avenue Subject | $1,021,000* List Price | 3 | 2 | 1,335 | $774 | - |
A 5442 La Luna Sold | $1,069,000 | 3 | 2 | 1,473 | $726 | 0.5 mi |
B 5191 Bridgewood Sold | $1,206,000 | 4 | 3 | 1,744 | $692 | 0.4 mi |
C 5831 Daisy Circle Sold | $1,050,000 | 3 | 2 | 1,728 | $608 | 0.5 mi |
D 5231 Bridgewood Active Under Contract | $1,098,000 List Price | 3 | 3 | 1,460 | $752 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 22% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,335 | 2,197 | 13% |
| Lot Size | 5,090 | 4,896 | 61% |
| Price | $1.02M | $1.20M | 17% |
| Price per sq ft | $765 | $582 | 96% |
| Built year | 1972 | 1968 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 129 | 4% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,021,000
Initial Listing



















































