7942 Louise Lane, La Palma, California 90623, La Palma, 90623 - 5 bed, 4 bath
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7942 Louise Lane
La Palma, California 90623
ACTIVE
CONDITION: FAIR
5Beds
4Baths
2,282Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,323,000
EST. MARKET VALUE
$1,196,845
10% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,400,000—positioned above the $1,310,828 Fair Market Value. While the property features a generous 2,677 sqft layout with a Granite Kitchen and marble finishes, it carries a Condition Rating of 4, reflecting dated interiors. The home offers significant versatility for Buy-and-Hold Investors or Owner-Occupants seeking a large footprint near the 91 Freeway. Buyers should note the unpermitted square footage and potential appraisal considerations when evaluating this well-located, multi-generational living asset.
Estimated Market Value
$1,196,845
Based on Realkey algorithm analyzing recent comparable sales in La Palma.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7942 Louise Lane Subject 5 bd · 4 ba · 2,282 sqft · $524 | $1,323,000* List Price | 5 | 4 | 2,282 | $524 | - |
A 5391 Athens Sold 4 bd · 3 ba · 1,934 sqft · $533 · 0.7 mi | $1,030,000 | 4 | 3 | 1,934 | $533 | 0.7 mi |
B 8152 Redford Sold 4 bd · 2 ba · 2,222 sqft · $493 · 0.3 mi | $1,095,000 | 4 | 2 | 2,222 | $493 | 0.3 mi |
C 5452 Festival Circle Sold 4 bd · 3 ba · 1,934 sqft · $498 · 0.8 mi | $963,000 | 4 | 3 | 1,934 | $498 | 0.8 mi |
D 7722 Laurelwood Sold 4 bd · 3 ba · 2,088 sqft · $527 · 0.4 mi | $1,100,000 | 4 | 3 | 2,088 | $527 | 0.4 mi |
E 5642 Vinevale Sold 4 bd · 3 ba · 2,127 sqft · $505 · 0.8 mi | $1,075,000 | 4 | 3 | 2,127 | $505 | 0.8 mi |
F 5201 Del Serra Sold 5 bd · 3 ba · 2,274 sqft · $584 · 0.5 mi | $1,329,000 | 5 | 3 | 2,274 | $584 | 0.5 mi |
G 5232 La Luna Sold 5 bd · 3 ba · 2,274 sqft · $462 · 0.4 mi | $1,051,000 | 5 | 3 | 2,274 | $462 | 0.4 mi |
H 5602 Oak Drive Sold 4 bd · 3 ba · 2,248 sqft · $512 · 0.9 mi | $1,150,000 | 4 | 3 | 2,248 | $512 | 0.9 mi |
I 7791 Denise Active 5 bd · 3 ba · 2,270 sqft · $528 · 0.2 mi | $1,198,000 List Price | 5 | 3 | 2,270 | $528 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is structurally functional and well-maintained, but the interior finishes are dated. The kitchen and bathrooms show signs of a renovation that is likely 15-25 years old, featuring older maple and oak cabinetry, dated tile work, and older white appliances that need modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Upgraded Interior
The residence features a significant expansion to 2,677 sqft with premium finishes including marble flooring, granite countertops, and elegant wood molding throughout.
- Functional Family Layout
Offering 5 bedrooms and 4 bathrooms plus a dedicated home office, the floor plan provides exceptional versatility for large families or multi-generational living.
- Prime Location
Ideally situated within walking distance to local schools and shopping centers, with quick access to the 91 Freeway for easy commuting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2677, other record living area = 2282. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Unpermitted Square Footage
Approximately 310 sqft of the living space is noted as unpermitted, which may present challenges for appraisals, future permitting, or specific financing requirements.
- High Lot Coverage
With a 2,677 sqft structure on a 5,000 sqft lot, the property has a high building-to-land ratio, resulting in limited backyard space for outdoor activities.
About 7942 Louise Lane
Welcome to 7942 Louise Lane, a spacious and beautifully residence . An elegant oak double-door entry opens to a marble-floored foyer and an extended living room featuring a cozy bay window. The open kitchen is appointed with maple cabinetry and granite countertops and flows seamlessly into a gorgeous family room highlighted by a marble fireplace , ceramic tile flooring and additional pantry space . A generous formal dining room with recessed lighting, while the original dining area has been thoughtfully converted into a versatile home office. The spacious primary suite features marble countertops , a custom marble shower surround and warm-toned marble flooring. Additional bedrooms are generously sized, while the upstairs hall bathroom offers dual sinks and oak cabinetry. Elegant wood trim and molding around the windows and doors. Additional highlights include a two-car attached garage with direct access and well-maintained front and back yards . Conveniently located within walking distance of schools ad shopping, with easy access to the 91Freeway, this home combines generous living space, comfort and everyday convenience
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,282 | 2,143.667 |
| Lot Size | 5,000 | 5,061.926 |
| Price | $1.32M | $1.17M |
| Price per sq ft | $580 | $590 |
| Built year | 1968 | 1968 |
| HOA | $0 | $0 |
| Days on market | 29 | 36 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,323,000
$1,330,000
-1% Price Drop
Initial Listing
Price Change
Oct 3, 2026
$1,330,000
$1,400,000
-5% Price Drop
Initial Listing
Price Change
Sep 26, 2026
$1,400,000
Initial Listing
Sold
May 20, 2005
$744,000
Public Record