12750 Centralia, Lakewood, California 90715, Lakewood, 90715 - 2 bed, 1 bath
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Lakewood, California 90715
This Resort-Style Condominium is a Prime Investment Opportunity, listed at $539,950—positioned well below the $552,222 Fair Market Value by 2%. This valuation gap provides $12,272 in Instant Equity for the incoming buyer. The home maintains a Condition Rating of 3, featuring a modernized kitchen with granite countertops and updated laminate flooring. Located within the serene, gated Lakewood Shores community and served by the prestigious ABC Unified School District, the property offers a unique lifestyle with lake views and tennis courts. This is an exceptional acquisition for first-time buyers or Owner-Occupants seeking a turnkey, amenity-rich residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12750 Centralia Subject | $539,950* List Price | 2 | 1 | 1,056 | $523 | - |
A 12750 Centralia Street 94 Sold | $539,900 | 2 | 1 | 1,056 | $511 | 0.0 mi |
B 12750 Centralia 76 Active Under Contract | $549,900 List Price | 2 | 2 | 1,056 | $521 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates, including granite countertops, a stainless steel microwave and dishwasher, and updated laminate flooring. Although the unit was built in 1978, the kitchen and living areas have been well-maintained and partially renovated, meeting the criteria for a well-functioning home with minimal wear and tear.
Located within the gated Lakewood Shores community, residents have access to tranquil lakes, streams, two pools, two jacuzzis, and tennis courts, offering a high-end lifestyle.
The property is strategically situated near the 605 and 91 freeways, Cerritos shopping, and a direct bike path to the beach, ensuring excellent accessibility.
The unit offers therapeutic views of surrounding lakes and streams, providing a peaceful and unique atmosphere that enhances the property's desirability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =806, other record lot size in square feet = 347216.
With two bedrooms but only one bathroom, the layout may be less convenient for families or roommates compared to more common 2-bath configurations.
The monthly HOA fee of $465 is a significant recurring expense that may impact buyer affordability and overall carrying costs.
Check out this beautiful 2 Bedroom and 1 bath located inside gated serene Lakewood Shores, a thoughtfully designed community interwoven with tranquil lakes and streams throughout. This highly desirable unit is ideally located near the carport the most convenient guest parking space and mailbox. Enjoy gorgeous views of the surrounding lakes with live ducks and relaxing therapeutic sounds of water streams, creating a peaceful, resort-like atmosphere. Community amenities include two pools, two jacuzzis, and two tennis courts. Enjoy the resort-style lifestyle living. Conveniently located near Cerritos shopping, Don Knabe Community park, Knott's Berry Farm, 605 and 91 freeways, and a bike path that leads directly to the beach, this is Southern California living at its finest. You must see to believe it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 1,056 | 1,018 | 50% |
| Lot Size | 806 | 32,600 | 33% |
| Price | $540.0K | $534.5K | 67% |
| Price per sq ft | $511 | $519 | 33% |
| Built year | 1978 | 1984 | 33% |
| HOA | $465.0 | $432 | 83% |
| Days on market | 23 | 124 | 17% |
Mar 30, 2026
$539,950
Initial Listing
Sep 24, 1999
$110,000
Public Record
May 30, 1997
$90,000
Public Record
Dec 26, 1996
$87,500
Public Record
Apr 25, 1996
$93,000
Public Record
Nov 8, 1994
$120,000
Public Record