25940 Cypress Street, Lomita, California 90717, Lomita, 90717 - 3 bed, 2 bath
ACTIVE$875,000
25940 Cypress Street, Lomita, California 90717
3Beds
2Baths
1,349Sqft
5,000Lot
Year Built
1961
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$649
HOA
-
Days on market
-
Sold On
-
MLS number
CV25065508
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,5 Pros. Rank: price - $875.0K(29th), sqft - 1349(32th), beds - 3(50th), baths - 2(50th).
Charming 3-bedroom, 1.5-bath single-family home on a quiet cul-de-sac just minutes from Los Angeles. This inviting home features a recently renovated bathroom, a big kitchen with a stylish hood, two bedrooms with new laminate flooring, and a fresh paint job. Enjoy spacious living areas and a private backyard perfect for relaxing or entertaining, all while being close to shopping, dining, and major freeways—don’t miss this fantastic opportunity! With a Backyard shed 12.5 X 8 feet, have a plenty of room for storage.
Price History
Date
Event
Price
05/21/03
Sold
$385,000
Condition Rating
Good
Despite being built in 1961, the property features a recently renovated bathroom and a modern kitchen with stylish white shaker cabinets, light countertops, subway tile backsplash, stainless steel appliances, and a contemporary hood, all appearing to be updated within the last 5-15 years. New laminate flooring in two bedrooms and a fresh paint job contribute to a move-in ready condition. While there's no explicit mention of updates to major systems like HVAC or electrical, the significant cosmetic and functional renovations in key areas elevate its condition beyond 'Fair'.
Pros & Cons
Pros
Prime Location: Situated on a quiet cul-de-sac, the property offers convenient access to Los Angeles, shopping, dining, and major freeways, enhancing its desirability.
Recent Updates: The home features a recently renovated bathroom, new laminate flooring in two bedrooms, and a fresh paint job, contributing to a move-in ready appeal.
Functional Kitchen: A 'big kitchen' with a 'stylish hood' suggests a well-equipped and aesthetically pleasing space for cooking and entertaining.
Private Outdoor Space: The property boasts a private backyard ideal for relaxation or entertaining, complemented by a 12.5 x 8-foot shed for ample storage.
Desirable Property Type: As a charming 3-bedroom single-family home, it appeals to a broad range of buyers, including families and first-time homeowners.
Cons
Overpriced Listing: The listing price of $875,000 is significantly higher than the estimated property value of $624,334, indicated by an estimation ratio of -28, suggesting it may be overpriced relative to market expectations.
Limited Bathroom Count: With 1.5 bathrooms for a 3-bedroom home, the property may not meet the preferences of buyers seeking more full bathrooms, potentially impacting its market competitiveness.
Potential for Older Systems: Built in 1961, and while cosmetic updates are noted, there is no mention of upgrades to major systems (e.g., HVAC, plumbing, electrical), which could lead to future maintenance or replacement costs for a new owner.