20802 Pioneer Boulevard, Lakewood, California 90715, Lakewood, 90715 - bed, bath

20802 Pioneer Boulevard, Lakewood, California 90715 home-pic-0
ACTIVE$1,300,000$2,166/sqft
20802 Pioneer Boulevard, Lakewood, California 90715
0Bed
0Bath
2,166Sqft
6,751Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Income Potential: This Townhome style duplex offers a clear opportunity for investment or owner-occupancy with rental income, featuring two 3-bedroom, 2-bathroom units.
Top Cons:
Restricted Access for Showings: Currently, there are no showings due to tenants, requiring offers to be submitted subject to interior inspection, which can deter potential buyers.

Compared to the nearby listings

Price:$1.30M vs avg $1.15M (+$151,000)50%
Size:2,166 sqft vs avg 1,993 sqft50%
Price/sqft:$600 vs avg $57450%

More Insights

Built in 2017 (9 years old).
Condition: The property was extensively renovated/built in 2017, making it 7 years old, which aligns with the 'Good' category's timeframe. The images reveal modern kitchens with stainless steel appliances, granite countertops, and contemporary cabinetry. Bathrooms feature updated vanities and tile work. Flooring throughout is a mix of clean tile and dark laminate/engineered wood, and recessed lighting is prevalent. The property appears move-in ready with no immediate renovations required, showing minimal wear and tear consistent with its age.
Year Built
2017
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$600
HOA
-
Days on market
-
Sold On
-
MLS number
TR25278423
Home ConditionGood
Features
Patio
View-

About this home

Rare to find large size Townhome style duplex , it is good opportunity for either investment or owner occupy for one unit and lease out another unit for extra income, each unit with three bedroom and two bath, directly access to two car garage, front house is single level which renovation on 2017 . and 2nd unit was built on 2017 which is above the 4 car garage , both units had individual washer and dryer .Both units have separate electric & gas meter , one water meter but tenant paid , so the owner only pay gardener every month, there is big parking space in back yard with gate for more security , and also there are two guess parking in the back yard too. please do not go direct , Drive by Only, currently no showing due to tenants lived in , submit offer subject to interior inspection .

T
Tong Zhang
Listing Agent

Price History

Date
Event
Price
11/09/17
Sold
$765,000
10/09/15
Sold
$340,000
10/14/03
Sold
$246,000
Condition Rating
Good

The property was extensively renovated/built in 2017, making it 7 years old, which aligns with the 'Good' category's timeframe. The images reveal modern kitchens with stainless steel appliances, granite countertops, and contemporary cabinetry. Bathrooms feature updated vanities and tile work. Flooring throughout is a mix of clean tile and dark laminate/engineered wood, and recessed lighting is prevalent. The property appears move-in ready with no immediate renovations required, showing minimal wear and tear consistent with its age.
Pros & Cons

Pros

Strong Income Potential: This Townhome style duplex offers a clear opportunity for investment or owner-occupancy with rental income, featuring two 3-bedroom, 2-bathroom units.
Modern Construction/Renovation: The front unit was renovated in 2017, and the second unit was newly built in 2017, indicating updated infrastructure and reduced immediate maintenance concerns.
Separate Utilities: Each unit has individual electric and gas meters, simplifying tenant billing and management for the owner.
Individual In-Unit Laundry: Both units are equipped with individual washers and dryers, a highly desirable amenity for tenants that enhances rental appeal.
Ample Parking: The property boasts a 4-car garage (implied by the second unit being above it), a large gated backyard parking area, and two additional guest parking spaces, providing significant convenience and security.

Cons

Restricted Access for Showings: Currently, there are no showings due to tenants, requiring offers to be submitted subject to interior inspection, which can deter potential buyers.
Single Water Meter: Despite tenants paying for water, having only one water meter for both units could lead to potential complexities in billing and tenant disputes.
Owner-Paid Gardening: The owner is responsible for monthly gardener expenses, adding a recurring operational cost to the property.
Browse Properties by State Browse housing market trends by state