20020 Alburtis Avenue, Lakewood, California 90715, Lakewood, 90715 - 3 bed, 2 bath
20020 Alburtis Avenue
Lakewood, California 90715
Property Price
SUMMARY
Analysis of 20020 Alburtis Avenue, Lakewood, California 90715 reveals a Fairly Priced Property with a current list price of $839,950 aligned with the estimated $864,635 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20020 Alburtis Avenue Subject | $839,950* List Price | 3 | 2 | 1,490 | $580 | - |
A 20841 Horst Avenue Sold | $826,000 | 3 | 2 | 1,355 | $610 | 0.8 mi |
B 20534 Pioneer Boulevard Sold | $700,000 | 3 | 1 | 1,590 | $440 | 0.4 mi |
C 11544 Massinger Sold | $720,000 | 3 | 1 | 1,102 | $653 | 0.8 mi |
D 11612 Massinger Sold | $750,000 | 3 | 1 | 1,048 | $716 | 0.8 mi |
E 11503 Walcroft Street Sold | $790,000 | 4 | 2 | 1,440 | $549 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1956, this home is well-maintained but largely original or features older updates from over 20 years ago. The kitchen and bathrooms are functional but dated with older cabinetry, tile countertops, and white appliances. While the property is livable and move-in ready for some, the listing explicitly markets it as a 'fix and flip' or 'equity opportunity,' indicating that most components are at the end of their effective lifespan and require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Oversized 3-Car Garage
The property features a rare and spacious three-car garage, providing exceptional utility for vehicle enthusiasts, a home workshop, or significant additional storage space.
- High Equity Potential
Positioned as an ideal 'fix and flip' or 'buy and hold' opportunity, this home allows investors or end-users to build substantial value through strategic renovations.
- Prime Location & Schools
Located within the highly-regarded ABC Unified School District with convenient access to major freeways, regional parks, and the Lakewood Center Mall.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its present condition, implying a need for immediate capital expenditure to address repairs and modernization.
- Dated Infrastructure
Built in 1956, the home likely requires updates to original systems and finishes to meet modern energy efficiency and aesthetic standards.
About 20020 Alburtis Avenue
Welcome to 20020 Alburtis Ave, Lakewood, CA 90715 — a 3-bedroom, 2-bathroom single-family home offering approximately 1,490 square feet of living space on a generous 6,975 square foot lot. Built in 1956, this property features a rare oversized 3-car garage, making it ideal for storage, workspace, or vehicle enthusiasts. This is an outstanding equity opportunity for investors and end users alike. Whether you are looking to fix and flip, buy and hold, or purchase below market value and renovate to your personal taste, this home delivers the foundation to build real value. The lot size, bedroom count, and garage configuration offer strong upside potential in one of Lakewood's well-established residential neighborhoods. Conveniently located in the Eastern Lakewood area within the ABC Unified School District, this home is close to Palms Elementary, Melbourne Elementary, and Artesia High School. Enjoy nearby parks including Bloomfield Park and Palm Park, as well as quick access to Lakewood Center Mall for shopping, dining, and entertainment. El Dorado Regional Park, one of the largest urban parks in the region, is just minutes away. With easy access to the 605, 91, and 405 freeways, commuting to Long Beach, Cerritos, Downtown LA, and Orange County is simple and convenient. California State University, Long Beach is also just a short drive away. Property is being sold in its present condition. Buyer to verify all information, permits, and property details to their own satisfaction. Call your Realtor today to schedule a tour and make an offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,795 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,490 | 1,421 | 55% |
| Lot Size | 6,795 | 5,196 | 85% |
| Price | $840.0K | $838.9K | 50% |
| Price per sq ft | $564 | $612 | 25% |
| Built year | 1956 | 1959 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 141 | 5% |
Pricing History
Listed for Sale
Mar 3, 2026
$839,950
Initial Listing