20802 Ely Ave, Lakewood, California 90715, Lakewood, 90715 - 4 bed, 2 bath
20802 Ely Ave
Lakewood, California 90715
Property Price
SUMMARY
Analysis of 20802 Ely Ave, Lakewood, California 90715 reveals a property with a current list price of $888,000, which is 4% above the estimated $848,107 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 20802 Ely Ave Subject | $888,000* List Price | 4 | 2 | 1,393 | $609 | - |
A 20833 Verne Avenue Sold | $837,900 | 3 | 2 | 1,402 | $598 | 0.1 mi |
B 12523 Lemming Sold | $870,000 | 3 | 2 | 1,295 | $672 | 0.2 mi |
C 21449 Verne Sold | $890,000 | 3 | 2 | 1,303 | $683 | 0.5 mi |
D 20323 Callaway Avenue Active Under Contract | $810,000 List Price | 4 | 2 | 1,502 | $539 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent infrastructure upgrades, including a new permitted 30-year roof and a 200 AMP electrical system. While the home has been refreshed with new tile flooring, fresh interior/exterior paint, and new plumbing fixtures (toilets and faucets), it does not appear to be a full 'to-the-studs' renovation of the kitchen and bathrooms, which is required for an 'excellent' rating for a 1958 build.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Infrastructure Upgrades
The property features a brand-new, permitted 30-year roof and a fully upgraded 200 AMP electrical system with a garage subpanel, providing long-term structural integrity and modern power capacity.
- Turnkey Cosmetic Refresh
The home is move-in ready with fresh interior and exterior paint, new tile flooring throughout, and updated bathroom fixtures, offering a clean and modern aesthetic for new owners.
- Prime School Proximity
Located in the ABC Unified School District, the home is within walking distance (less than 0.5 miles) of elementary, middle, and high schools, making it ideal for families.
CONSRISKS & DEFICIENCIES
- Compact Four-Bedroom Layout
With four bedrooms squeezed into 1,393 square feet, the individual room sizes may feel small and could limit furniture placement and overall living comfort.
- Lack of Scenic Views
The property offers no significant views or outlooks, which may be a drawback for buyers prioritizing aesthetic surroundings or a sense of openness.
About 20802 Ely Ave
The home features several recent upgrades and improvements. Two new flower beds with decorative stones and bricks were installed in front of the house, enhancing its curb appeal. A new 30-year roof with shingles was installed and fully permitted through the City of Lakewood. The electrical system was upgraded with a new 200 AMP panel for the house and a subpanel for the garage, along with newly installed 110V and 220V outlets; all panels and electrical work were also permitted through the city. The interior and exterior of the home have been freshly painted, and the exterior of the garage has also been newly painted. New tile flooring has been installed throughout the house. In addition, two new Kohler toilets were installed in the bathrooms, along with a new bathroom faucet and a new kitchen faucet.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 5,111 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lakewood Unified Schools
Palms Elementary School
Grades K-6 • 0.1 mi
Melbourne (Ella P.) Elementary School
Grades K-6 • 0.3 mi
Tetzlaff (Martin B.) Middle School
Grades 7-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,393 | 1,397.5 | 50% |
| Lot Size | 5,111 | 5,105.5 | 50% |
| Price | $888.0K | $854.0K | 55% |
| Price per sq ft | $637 | $616 | 55% |
| Built year | 1958 | 1959 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 141 | 5% |
Pricing History
Listed for Sale
Feb 23, 2026
$888,000
Initial Listing
Sold
Jun 14, 2013
$264,000
Public Record
Sold
May 31, 2012
$243,000
Public Record