8762 La Salle, Cypress, California 90630, Cypress, 90630 - 3 bed, 1 bath
ACTIVE$1,500,000$1,895/sqft
Est. Value: $1,215,201
-18%
AboveEstimate
8762 La Salle, Cypress, California 90630
3Beds
1Bath
1,895Sqft
10,019Lot
Price Vs. Estimate
The estimated value ($1,215,200.605) is $284,799.395 (18%) lower than the list price ($1,500,000). This property may be overpriced.
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 = 10019, living area = 1895.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1895, other record living area = 1032.
Compared to the nearby listings
Price:$1.50M vs avg $1.14M (+$358,000)85%
Size:1,895 sqft vs avg 1,700 sqft58%
Price/sqft:$792 vs avg $66086%
More Insights
Built in 1942 (84 years old).
Condition: Built in 1942, this property shows significant age and a clear need for substantial renovation and modernization, as explicitly stated in the property analysis. The exterior images reveal dated aesthetics and deferred maintenance, such as an unkempt yard and a covered window. A critical functional deficiency is the presence of only one bathroom for two separate dwellings (a 3-bedroom and a 2-bedroom unit), indicating a severe lack of modern amenities and functionality. Without any mention or visual evidence of recent updates to the kitchen, bathrooms, or major systems, it's highly probable these areas are severely outdated and require extensive rehabilitation.
Year Built
1942
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$792
HOA
-
Days on market
-
Sold On
-
MLS number
PW26003981
Home ConditionPoor
Features
View-
About this home
Rare opportunity Live in One of the detached houses with garage and rent the other . Great for multigenerational living . One home is three Bedrooms and the other is a 2 bedroom. Zoning may permit other uses
C
Catherine Youngerman
Listing Agent
Condition Rating
Poor
Built in 1942, this property shows significant age and a clear need for substantial renovation and modernization, as explicitly stated in the property analysis. The exterior images reveal dated aesthetics and deferred maintenance, such as an unkempt yard and a covered window. A critical functional deficiency is the presence of only one bathroom for two separate dwellings (a 3-bedroom and a 2-bedroom unit), indicating a severe lack of modern amenities and functionality. Without any mention or visual evidence of recent updates to the kitchen, bathrooms, or major systems, it's highly probable these areas are severely outdated and require extensive rehabilitation.
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 = 10019, living area = 1895.
Income-Generating Potential: The property features two detached homes, offering a clear opportunity to live in one and rent out the other, providing significant rental income potential.
Multigenerational Living Solution: With two separate detached dwellings, this property is ideally suited for multigenerational families seeking independent living spaces while remaining close.
Dual Detached Dwellings: A rare offering of two completely detached homes on a single lot, providing enhanced privacy and separation for occupants compared to traditional duplexes.
Expansive Lot Size: Situated on a generous 10,019 sqft lot, the property offers ample outdoor space for recreation, landscaping, or potential future expansion.
Flexible Zoning Potential: The description notes that 'Zoning may permit other uses,' indicating potential for future development, expansion, or alternative commercial applications, adding long-term value.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1895, other record living area = 1032.
Age of Construction: Built in 1942, the property is an older construction, which may imply the need for significant updates to systems, infrastructure, and aesthetics to meet modern standards.
Limited Bathroom Facilities: The property details explicitly list only one bathroom for the entire dwelling, which is a significant limitation for a property comprising two separate homes (one 3-bedroom, one 2-bedroom).
Potential for Extensive Renovation: Given its 1942 build year and lack of explicit mention of recent upgrades, the property likely requires substantial renovation and modernization to maximize its appeal and rental value.