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

12141 Centralia Street 119, Lakewood, California 90715 home-pic-0

12141 Centralia Street 119

Lakewood, California 90715

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,110Sq Ft
62,708Lot Size

Property Price

LIST PRICE$524,999

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

Fair
TeardownExcellent

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countertops, older white appliances (including a visible older dishwasher and stove), linoleum flooring, and an outdated fluorescent box light fixture.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appears functional and maintained, the overall aesthetic, particularly in the kitchen and bathrooms, is significantly outdated and would require substantial updates to meet modern buyer preferences and standards.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the 'fair' condition criteria of being aged but maintained, with major components functional but showing signs of being outdated.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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
75%
Baths2.01.5
50%
Square foot1,1101,018
75%
Lot Size62,70826,092
75%
Price$525.0K$527.0K
50%
Price per sq ft$473$515
25%
Built year19841981
50%
HOA$435.0$430
75%
Days on market425268
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

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