1526 Lakme, Wilmington, California 90744, Wilmington, 90744 - 3 bed, 2 bath
ACTIVE$735,000$1,096/sqft
Est. Value: $652,794
-11%
AboveEstimate
1526 Lakme, Wilmington, California 90744
3Beds
2Baths
1,096Sqft
5,411Lot
Price Vs. Estimate
The estimated value ($652,793.625) is $82,206.375 (11%) lower than the list price ($735,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Top Cons:
Age of Property: Built in 1952, the property's age, while well-maintained, may imply older systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance not explicitly detailed.
Compared to the nearby listings
Price:$735.0K vs avg $700.0K (+$35,000)57%
Size:1,096 sqft vs avg 1,144.5 sqft45%
Price/sqft:$671 vs avg $55780%
More Insights
Built in 1952 (74 years old).
Condition: The property, built in 1952, is described as well-maintained, and images confirm a clean and functional interior. However, the kitchen features older-style white cabinets, dated tile countertops and backsplash, and diagonal tile flooring. The bathroom exhibits a dated vanity and a green-tinted walk-in shower, indicating it has not undergone a recent extensive renovation. While some elements like wood laminate flooring in bedrooms and a stainless steel range appear to be more recent updates, the overall style and condition of the kitchen and bathroom suggest they were last updated 15-30 years ago, or with budget-friendly materials, and now show signs of being outdated. It is functional but would benefit from minor updates to meet current aesthetic standards.
Year Built
1952
Close
-
List price
$735K
Original List price
$735K
Price/Sqft
$671
HOA
-
Days on market
-
Sold On
-
MLS number
DW26000994
Home ConditionFair
Features
View-
About this home
Charming 3-bedroom, 2-bath home offering a warm and inviting layout. The interior features a beautiful combination of hardwood, wood laminate, and tile flooring throughout. Enjoy indoor-outdoor living with a spacious backyard patio area, ideal for relaxing, entertaining, or outdoor dining. The property also includes a detached 2-car garage providing ample parking and storage. A very nice, well-maintained home with great functionality and comfort—ideal for homeowners or investors alike. Conveniently located near freeways, schools, and local amenities.
J
Jeanet Salazar
Listing Agent
Nearby schools
4/10
Broad Avenue Elementary School
Public,•K-5•0.5mi
4/10
Fries Avenue Elementary School
Public,•K-5•0.5mi
6/10
Gulf Avenue Elementary School
Public,•K-5•0.9mi
4/10
Wilmington Park Elementary School
Public,•K-5•1.0mi
3/10
George De La Torre Jr. Elementary School
Public,•K-5•1.3mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•1.6mi
4/10
Normont Elementary School
Public,•K-5•1.9mi
6/10
Harbor City Elementary School
Public,•K-5•2.5mi
5/10
Del Amo Elementary School
Public,•K-5•3.0mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•3.1mi
9/10
Taper Avenue Elementary School
Public,•K-5•3.2mi
2/10
Barton Hill Elementary School
Public,•K-6•3.7mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•19.3mi
8/10
Harry Bridges Span
Public,•K-8•0.5mi
5/10
Wilmington Middle School
Public,•6-8•0.8mi
4/10
Hudson K-8
Public,•K-8•2.4mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.0mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•3.8mi
4/10
Richard Henry Dana Middle School
Public,•6-8•4.8mi
5/10
Phineas Banning Senior High School
Public,•9-12•0.0mi
3/10
Cabrillo High School
Public,•9-12•2.6mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•2.8mi
6/10
San Pedro Senior High School
Public,•9-12•4.9mi
Condition Rating
Fair
The property, built in 1952, is described as well-maintained, and images confirm a clean and functional interior. However, the kitchen features older-style white cabinets, dated tile countertops and backsplash, and diagonal tile flooring. The bathroom exhibits a dated vanity and a green-tinted walk-in shower, indicating it has not undergone a recent extensive renovation. While some elements like wood laminate flooring in bedrooms and a stainless steel range appear to be more recent updates, the overall style and condition of the kitchen and bathroom suggest they were last updated 15-30 years ago, or with budget-friendly materials, and now show signs of being outdated. It is functional but would benefit from minor updates to meet current aesthetic standards.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Well-Maintained Condition: The property is described as a 'very nice, well-maintained home with great functionality and comfort,' suggesting it's move-in ready and cared for.
Versatile Buyer Appeal: The home is 'ideal for homeowners or investors alike,' broadening its market appeal to a wider range of potential buyers.
Quality Interior Finishes: The interior features a 'beautiful combination of hardwood, wood laminate, and tile flooring throughout,' offering aesthetic appeal and durability.
Excellent Outdoor Living Space: A 'spacious backyard patio area, ideal for relaxing, entertaining, or outdoor dining' enhances the lifestyle appeal and functionality of the property.
Convenient Location & Accessibility: The property is 'conveniently located near freeways, schools, and local amenities,' providing easy access to essential services and transportation.
Cons
Age of Property: Built in 1952, the property's age, while well-maintained, may imply older systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance not explicitly detailed.
Lack of Scenic View: The property explicitly states 'view: None,' indicating an absence of desirable scenic views that could otherwise enhance its value or appeal.
Proximity to High School: Being just 0.02 miles from Phineas Banning Senior High School, while convenient for students, could lead to increased traffic, noise, and activity during school hours, potentially impacting residential tranquility.