12141 Centralia Street 119, Lakewood, California 90715, Lakewood, 90715 - 3 bed, 2 bath

12141 Centralia Street 119
Lakewood, California 90715
Property Price
SUMMARY
Analysis of 12141 Centralia Street 119, Lakewood, California 90715 is currently available with a list price of $524,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1984, this property is 40 years old and shows clear signs of its age without significant recent renovations. The kitchen features original-style light wood cabinets, dated laminate countertops, older white appliances (including a visible older dishwasher and stove), linoleum flooring, and an outdated fluorescent box light fixture. The bathroom also presents with an older fiberglass tub/shower combo with sliding glass doors, a dated vanity, and older tile flooring. While the property appears functional and maintained, the overall aesthetic, particularly in the kitchen and bathrooms, is significantly outdated and would require substantial updates to meet modern buyer preferences and standards. The parquet flooring in the living areas and likely popcorn ceilings further contribute to the dated feel, aligning with the 'fair' condition criteria of being aged but maintained, with major components functional but showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Community Amenities
The condominium complex offers a wide array of amenities including a sparkling pool, spa, outdoor rinsing showers, picnic area, clubhouse/meeting room, and a gated parking lot, enhancing lifestyle and security.
- Excellent Location & Accessibility
Strategically located minutes from the 605 freeway, Cerritos Mall, and a diverse range of restaurants, providing convenient access to transportation, shopping, and dining options.
- Dedicated Covered Parking
The unit includes two covered parking spaces, a valuable and convenient feature for condominium living, offering protection for vehicles.
CONSRISKS & DEFICIENCIES
- Absence of Views
The property explicitly states 'None' for views, which may be a drawback for buyers prioritizing scenic outlooks or natural light.
- Significant Monthly Association Fee
A monthly association fee of $435 adds a substantial recurring cost to homeownership, which can impact overall affordability and budget planning.
- Property Age & Potential for Updates
Built in 1984, the property is 40 years old. While functional, it may require updates to systems, finishes, or appliances to meet modern aesthetic preferences or efficiency standards, which are not detailed in the description.
About 12141 Centralia Street 119
Begin the New Year in your starter home. Property features a 3 bed, 2 bath, spacious Kitchen, comfortable living space and a balcony from your dining area. The unit offers 2 covered parking spaces. Amenities include a sparkling pool to cool off during warm summer days, spa, outdoor rinsing showers, picnic area, club house/meeting room and a gated parking lot. With in minutes from the 605 freeway, Cerritos Mall and a wide range of restaurants. Proximity is what this property offers! Schedule your showing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 62,708 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 2.0 | 75% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,110 | 1,018 | 75% |
| Lot Size | 62,708 | 26,092 | 75% |
| Price | $525.0K | $527.0K | 50% |
| Price per sq ft | $473 | $515 | 25% |
| Built year | 1984 | 1981 | 50% |
| HOA | $435.0 | $430 | 75% |
| Days on market | 425 | 268 | 0% |
Pricing History
Listed for Sale
Dec 12, 2025
$524,999
Initial Listing
Price Change
Jan 5, 2025
$579,000
Initial Listing
Sold
Nov 19, 2007
$295,000
Public Record
Sold
Oct 31, 2005
$365,000
Public Record
Sold
May 14, 2002
$167,000
Public Record






























