12121 Centralia Street Unit #206, Lakewood, California 90715, Lakewood, 90715 - 2 bed, 2 bath
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Lakewood, California 90715
This Condominium represents a Strong Value Opportunity, listed at $449,000—positioned slightly above the $444,396 Fair Market Value. While the property is in Fair Condition Rating with original 1985 finishes, it offers a stable entry point into the prestigious ABC Unified School District. The unit features access to a pool and spa, providing a resort-style lifestyle. With its strategic proximity to major freeways, this home is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a reliable asset in a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12121 Centralia Street Unit #206 Subject | $449,000* List Price | 2 | 2 | 932 | $477 | - |
A 12121 Centralia Street 302 Sold | $558,500 | 3 | 2 | 1,110 | $503 | 0.0 mi |
B 12121 Centralia Street 111 Sold | $375,000 | 1 | 1 | 731 | $513 | 0.0 mi |
C 12750 Centralia 76 Sold | $540,000 | 2 | 2 | 1,056 | $511 | 0.8 mi |
D 12141 Centralia Street 119 Pending | $524,999 List Price | 3 | 2 | 1,110 | $473 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property appears to be in mostly original condition. The kitchen features dated oak cabinetry, laminate countertops, and a fluorescent light box, while the bathroom shows older vanities and carpeted flooring. While functional and well-maintained enough for FHA approval, the finishes are over 20 years old and require modernization.
The property is FHA approved, making it an exceptionally accessible option for first-time homebuyers looking for low down payment financing opportunities.
With immediate access to the 605, 91, and 405 freeways, this location is ideal for professionals needing to travel efficiently throughout both Los Angeles and Orange County.
The home is situated within the prestigious ABC Unified School District, a major draw for families that helps maintain strong long-term property resale value.
The $450 monthly association fee represents a significant recurring carrying cost that may impact the overall affordability and debt-to-income ratio for some buyers.
The unit is officially noted as having no view, which may be a drawback for buyers who prioritize aesthetic surroundings or a sense of openness from their living space.
Welcome to 12121 Centralia Street in the desirable city of Lakewood! This charming 2-bedroom, 2-bath condominium offers the perfect combination of comfort and convenience. With a bright and inviting floor plan, this home is ideal for both relaxing and entertaining. Enjoy resort-style community amenities, including a sparkling pool, relaxing spa, picnic and BBQ areas, and beautifully maintained grounds. Conveniently located just minutes from Lakewood Center, Los Cerritos Center, popular restaurants, shopping, grocery stores, parks, and top rated schools. Commuters will appreciate the easy access to the 605, 91, and 405 Freeways, making travel throughout Los Angeles and Orange County simple and convenient. Whether you're a first-time buyer, downsizing, or looking for a great investment opportunity, this home offers exceptional value in a prime location. Don't miss your chance to see everything this wonderful Lakewood home has to offer, schedule your private tour today before it's gone! **FHA APPROVED**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 932 | 1,058.5 |
| Lot Size | 62,233 | 53,303 |
| Price | $449.0K | $552.6K |
| Price per sq ft | $482 | $544 |
| Built year | 1985 | 1981 |
| HOA | $450.0 | $375 |
| Days on market | 19 | 71 |
Jul 3, 2026
$449,000
Initial Listing
Aug 17, 2004
$263,500
Public Record
Mar 22, 2001
$123,000
Public Record
Aug 10, 1999
$109,000
Public Record
Dec 13, 1996
$42,500
Public Record