2615 Maceo, Cypress Park, California 90065, Cypress Park, 90065 - 2 bed, 1 bath

2615 Maceo, Cypress Park, California 90065 home-pic-0
ACTIVE$849,950
2615 Maceo, Cypress Park, California 90065
2Beds
1Bath
786Sqft
2,429Lot
Year Built
1922
Close
-
List price
$850K
Original List price
$800K
Price/Sqft
$1,081
HOA
-
Days on market
-
Sold On
-
MLS number
AR25223097
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(11th), sqft - 786(11th), beds - 2(35th), baths - 1(21th).

The best deal in Cypress Park! Property recently appraised for $940,000. Seller is open to considering closing cost credit and/or 2-1 or 3-1 buydown. Rates with the buy down are as low as 3.125%! The seller recently spent $30,000 to stylishly update the kitchen and the bath. Property is chic and spacious. There is an unpermitted room attached to the garage that is used for laundry, an office, and a small gym. This creative space can also be used for your office, painting studio or music room. When you are at the property, you will notice that it feels peaceful because Maceo is not a busy street and the front cedar fence provides privacy and the tree provides a canopy of shade. Perfect to relax. Space enough for two cars in the driveway, in addition to the one car garage for storage or an ADU conversion. Be sure to checkout the attached supplements for: recent appraisal, termite report, property inspection report, sewage report, foundation report, title report and seller disclosures. Buyer to discuss with the listing agent lender about the closing costs and the rate buydown for the exact numbers for your situation.

Nearby schools

2/10
Aragon Avenue Elementary School
Public,K-50.3mi
7/10
Dorris Place Elementary School
Public,K-60.6mi
4/10
Loreto Street Elementary School
Public,K-50.7mi
2/10
Hillside Elementary School
Public,K-51.0mi
4/10
Glassell Park Elementary School
Public,K-61.0mi
3/10
Albion Street Elementary School
Public,K-61.6mi
5/10
Florence Nightingale Middle School
Public,6-80.6mi
6/10
Irving STEAM Magnet
Public,6-81.9mi
5/10
Abraham Lincoln Senior High School
Public,9-121.8mi

Price History

Date
Event
Price
11/07/25
Price Change
$849,950+21.4%
10/21/25
Price Change
$699,950-12.5%
10/07/25
Listing
$799,950
11/23/22
Sold
$794,000
10/26/16
Sold
$470,000
03/23/10
Sold
$137,000
09/13/04
Sold
$270,000
Condition Rating
Excellent

Despite being built in 1922, the property has undergone significant recent renovations, with the seller investing $30,000 to stylishly update the kitchen and bathroom. The images confirm these areas feature modern appliances (stainless steel refrigerator), contemporary cabinetry, updated countertops, and stylish fixtures, appearing virtually new. The property also boasts modern hardwood flooring throughout, recessed lighting in the kitchen, and a mini-split system for efficient cooling/heating, indicating a high standard of recent upgrades. The overall condition is move-in ready with no deferred maintenance visible in the key areas.
Pros & Cons

Pros

Significant Appraisal Value: The property was recently appraised for $940,000, which is notably higher than the current list price of $849,950, suggesting potential immediate equity for the buyer.
Recent Renovations: The seller recently invested $30,000 to stylishly update the kitchen and bath, providing modern amenities and reducing immediate renovation needs for the new owner.
Buyer Financial Incentives: The seller is offering attractive financial incentives, including closing cost credit and/or 2-1 or 3-1 buydown options, potentially lowering initial interest rates to as low as 3.125%.
Peaceful & Private Location: Located on Maceo, described as a non-busy street, the property benefits from a front cedar fence and mature tree, offering enhanced privacy and a tranquil living environment.
Versatile Bonus Space & ADU Potential: An unpermitted room attached to the garage provides flexible space for laundry, an office, or a gym, while the garage itself offers potential for future ADU conversion, adding value and utility.

Cons

Unpermitted Structure: The property includes an unpermitted room attached to the garage, which could present legal, insurance, or future resale challenges and may require legalization or removal.
Compact Size: With 786 sqft of living space and a 2429 sqft lot, the property offers relatively limited interior and exterior space, which may not meet the needs of all prospective buyers.
Inconsistent Pricing Strategy: The listing has undergone significant price fluctuations, including a recent drop from $799,950 to $699,950, followed by an increase to $849,950, which could create buyer uncertainty or suggest previous overpricing.

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