12121 Centralia Street 111, Lakewood, California 90715, Lakewood, 90715 - 1 bed, 1 bath
12121 Centralia Street 111
Lakewood, California 90715
Property Price
SUMMARY
Analysis of 12121 Centralia Street 111, Lakewood, California 90715 is currently available with a list price of $399,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lakewood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained for its 1985 construction. It features significant updates including cherry wood laminate flooring throughout and newer dual-pane windows and sliding doors. The inclusion of central heating/AC and an in-unit washer and dryer are high-value functional features. While the kitchen and bathroom styles appear dated compared to modern trends, they are clean, functional, and show pride of ownership with no immediate repairs required.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Parking & Accessibility
This unit uniquely offers two dedicated parking spaces—one subterranean and one reserved outdoor—along with ample guest parking, which is a rare and highly valuable feature for a one-bedroom condominium.
- Modern In-Unit Conveniences
The property is equipped with essential modern comforts including central air conditioning and heating, as well as an in-unit washer and dryer, providing significant convenience for the resident.
- Spacious & Functional Layout
As a 731-square-foot end unit, the home features an open-concept living area and a large bedroom with enough space for a home office, complemented by a dual-entry bathroom for enhanced privacy.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The $435 monthly HOA fee represents a significant recurring cost that may impact the overall affordability and appeal for budget-conscious buyers.
- Lack of Scenic Views
The property lacks a designated view, which may be a disadvantage for buyers prioritizing aesthetic outlooks or natural vistas from their living spaces.
About 12121 Centralia Street 111
Welcome home! This end unit 1 bedroom/1 bath, 731 (ASR) square foot condominium is located on the ground floor of the highly desirable community of Lakewood Terrace. It comes with two parking spots, one subterranean and one reserved outdoor, as well as plenty of parking for your guests with 3 visitor parking lots and abundant street parking. The building has an elevator, so there is no need to carry your groceries up the stairs. Upon entering, you will notice how roomy this home is with beautiful cherry wood laminate flooring throughout. Leave your coat in the entryway closet and walk in to your open concept living room and dining area, with plenty of space for entertaining. The kitchen features cabinets galore and plenty of counter space. The large bedroom has enough space for a corner office for those who work from home or a quiet sitting area to relax after a long day. The powder room off the bedroom has beautiful tile and features dual doors for entrance from either the bedroom or living room, allowing you privacy. Newer dual pane windows, including a sliding glass door off the bedroom lead to a large covered balcony. An additional storage closet can be accessed from the balcony, perfect for holiday decorations or your outdoor essentials. Enjoy year round comfort inside with central heating and AC, as well as a washer and dryer located in unit for convenient laundry on your time. Finally, step out to enjoy the beautiful pool and spa area, great for relaxing or entertaining.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 62,233 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 731 | 922 | 25% |
| Lot Size | 62,233 | 26,092 | 75% |
| Price | $399.9K | $489.0K | 25% |
| Price per sq ft | $547 | $530 | 75% |
| Built year | 1985 | 1982 | 50% |
| HOA | $435.0 | $430 | 75% |
| Days on market | 126 | 203 | 25% |
Pricing History
Listed for Sale
Feb 12, 2026
$399,900
$410,000
-2% Price Drop
Initial Listing
Price Change
Jan 30, 2026
$410,000
$425,000
-4% Price Drop
Initial Listing
Price Change
Oct 31, 2025
$425,000
Initial Listing
Sold
Jan 16, 2020
$285,000
Public Record
Sold
Feb 18, 2003
$134,500
Public Record