ActiveResidential · sale

16121 Olivemill

La Mirada, CA 90638

$1,050,000

  • 3 beds
  • 3 baths
  • 1,369 sq ft
  • 0.15 acres
  • Built 1990

Listed by Pike Properties · MLS #SB26132720

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main level features a spacious living room, dining area, convenient half bath, and extra storage.

Year built

Built in 1990.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to this beautifully maintained 3-bedroom, 2.5-bath home ideally situated at the beginning of a quiet cul-de-sac in the highly desirable Knolls at Hillsborough community of La Mirada. Built in 1990, this charming residence offers 1,369 sq. ft. of living space on a generous 6,517 sq. ft. lot and combines comfort, privacy, and an exceptional location.



Step inside to soaring vaulted ceilings and abundant windows that fill the home with natural light. The main level features a spacious living room, dining area, convenient half bath, and extra storage. The dining area is highlighted by a beautiful used brick gas fireplace. The kitchen offers rich cherry-stained cabinetry, white tile countertops, ample storage, and generous workspace. Porcelain flooring runs throughout the downstairs, while plush carpeting adds warmth upstairs.



All three bedrooms are located upstairs, including a spacious primary suite with a spa-sized soaking tub, dual vanities, private water closet, and oversized walk-in closet. A secondary bedroom also features a walk-in closet, and all bedrooms include ceiling fans. The hall bath showcases a travertine walk-in shower with built-in bench, dual-sink vanity, and natural light. Additional hallway storage adds convenience.



Outside, enjoy a welcoming front porch, decorative rock landscaping, custom Bird of Paradise fencing, and a private backyard. Newly installed turf and a large concrete patio create the perfect space for BBQs, gatherings, and outdoor relaxation. The backyard backs to a natural setting, offering added privacy.



Additional highlights include a spacious garage with abundant storage and a long driveway accommodating multiple vehicles.



Directly across the street, the recently renovated community pool and spa area offers resort-style amenities including a sparkling pool, relaxing jacuzzi, lounge chairs, shaded seating, and men's and women's restrooms with shower facilities.



Ideally located near parks, golf courses, shopping, dining, entertainment, and highly rated schools, with convenient freeway access throughout Los Angeles and Orange County.



Homes in The Knolls at Hillsborough rarely become available. With its bright open floor plan, private backyard, upgraded community amenities, and prime location, this exceptional home is an opportunity you won't want to miss.



*Some photos have been digitally staged for illustrative purposes only and may look different during showings. More photos coming soon!

Upcoming open houses

–2:00 am · Confirm the schedule with the listing team.

–9:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

16121 Olivemill, La Mirada, CA 90638

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1990
Full baths
2
Half baths
1
Garage spaces
1
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,GasCooktop,GasOven,Microwave,Refrigerator,Dryer,Washer
Pool
No
Pool features
Community,Association
Parcel
8037045088
HOA
The Knolls at Hillsborough Association
HOA amenities
Pool,SpaHotTub
HOA fee frequency
Monthly
HOA fee
$176.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,375.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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16121 Olivemill, La Mirada, CA 90638 · MLS #SB26132720

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Listing information

MLS #SB26132720 · California Regional MLS

Listing brokerage: Pike Properties
Listing agent: Shelly McGough

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.