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14620 Biola Ave, La Mirada, California 90638, La Mirada, 90638 - bed, bath

14620 Biola Ave, La Mirada, California 90638 home-pic-0
ACTIVE$1,185,000
14620 Biola Ave, La Mirada, California 90638
0Bed
0Bath
1,700Sqft
6,970Lot
Year Built
1959
Close
-
List price
$1.19M
Original List price
$1.23M
Price/Sqft
$697
HOA
-
Days on market
-
Sold On
-
MLS number
DW25021167
Home ConditionGood
Features
Good View: Peek-A-Boo, Pasture
Patio
ViewPeek-A-Boo, Pasture

About this home

Possibly Over-Priced:The estimated price is 46% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.19M(89th), sqft - 1700(61th), beds - undefined(1th), baths - undefined(1th).

Welcome home to lovely La Mirada! Fabulous, Spacious Modern Home with 5-bedrooms, 3-full bathrooms, brand new flooring, upgraded kitchen, central AC & Heating, large yard, office room space, 2-car garage, and so much more this home has to offer. Located in a friendly & safe neighborhood with a great school district for bringing up a whole family. This home is conveniently located within a short walking distance to shopping, Biola University, Theatre, and Splash! This home offers the perfect opportunity to *Live Smart...Rent 1 and Live in 1** Home is perfect for either an owner occupant, investor, or extended family. This home with ADU legally permitted guesthouse in the city of La Mirada offers the potential for different income streams. Home is a short walking distance to Biola University , a great neighborhood and in a highly desirable rental area that makes this home easy to rent out. DON'T MISS OUT ON THE OPPORTUNITY OF GREAT INCOME POTENTIAL ONLY THIS HOME OFFERS! The legally permitted ADU is a 400 SQFT guesthouse with it's own private entrance, one bedroom, one bath, kitchen, and living room! This home has the potential of also converting the garage to ADU. Call me or text me today to schedule a showing!

Price History

Date
Event
Price
03/06/18
Sold
$512,500
Condition Rating
Good
The property, built in 1959, has undergone significant recent renovations, including brand new flooring, upgraded kitchens (main house and ADU), and updated bathrooms with modern fixtures and finishes. It features central AC & heating, recessed lighting, and stainless steel appliances, indicating a move-in ready condition with no immediate renovation required. While the core structure is older, the extensive modern updates bring it well within the 'Good' category, aligning with properties extensively renovated within the last 5-15 years. The presence of a legally permitted ADU also adds significant value and modern functionality.
Pros & Cons

Pros

Exceptional Income Potential: Features a legally permitted 400 sqft ADU (1 bed, 1 bath, kitchen, living room) with a private entrance, plus potential for a second ADU conversion from the garage, offering significant rental income or multi-generational living options.
Extensive Modern Upgrades: Recently updated with brand new flooring, an upgraded kitchen, and central AC & heating, providing modern comfort and reducing immediate renovation needs for a new owner.
Spacious & Functional Layout: Boasts 5 bedrooms, 3 full bathrooms, a dedicated office space, and a large yard, catering to diverse family needs or multiple occupants.
Highly Desirable Location: Situated in a friendly, safe neighborhood with a great school district, and within walking distance to Biola University, shopping, and entertainment, enhancing its appeal to families and renters.
Central Climate Control: Equipped with central AC and heating, ensuring comfortable living conditions throughout the year.

Cons

Significant Price Discrepancy: The current listing price is considerably higher than the property's estimated value and its last sale price in 2018, suggesting potential overpricing relative to market comparables.
Property Age: Built in 1959, the home is over six decades old, which may imply potential for age-related maintenance issues or the need for further systemic updates beyond the cosmetic upgrades mentioned.
Modest View: The 'Peek-A-Boo, Pasture' view is not a premium scenic feature, which might be a consideration for buyers prioritizing strong visual amenities.

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