20807 Elaine Avenue #4, Lakewood, California 90715, Lakewood, 90715 - 2 bed, 3 bath
20807 Elaine Avenue #4
Lakewood, California 90715
Property Price
SUMMARY
Analysis of 20807 Elaine Avenue #4, Lakewood, California 90715 is currently available with a list price of $595,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1990, this property is well-maintained and move-in ready but remains largely in its original state. The kitchen features dated white tile countertops and older white appliances, while the bathrooms show styles consistent with the original construction year. Although the flooring has been updated to laminate in some areas, the lack of a recent comprehensive renovation to the major aesthetic and functional components places it in the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Low HOA Dues
At just $240 per month, the association fees are exceptionally low for a Southern California townhouse, significantly enhancing overall monthly affordability for the buyer.
- Desirable End-Unit Privacy
As an end unit in an intimate 10-unit complex, this home offers superior natural light and increased privacy with fewer shared walls than interior units.
- Attached Two-Car Garage
The property includes a two-car attached garage with direct interior access, a highly sought-after feature that provides both security and convenience.
CONSRISKS & DEFICIENCIES
- Recent Price Reduction
The listing recently underwent a $27,000 price cut from its original asking price, which may suggest the property faced initial challenges with market positioning.
- Limited Community Amenities
While the low HOA is a benefit, the small size of the complex means residents likely lack common amenities such as a pool, fitness center, or guest parking facilities.
About 20807 Elaine Avenue #4
Welcome to 20807 Elaine Ave #4 in the heart of Lakewood! Located in a well-maintained 10-unit townhome community, this desirable end unit offers privacy, natural light, and an incredibly affordable HOA of just $240 per month. This spacious home features 3 bedrooms, all thoughtfully situated on the second level, including a primary suite complete with a private en-suite bath retreat. The inviting living room showcases a cozy fireplace and abundant natural light, creating the perfect space to relax or entertain. Enjoy your morning coffee or unwind in the evening on the private balcony just off the dining area. Additional highlights include a 2-car attached garage with direct access and a convenient in-unit laundry room for everyday ease. A rare opportunity to own in a charming, intimate Lakewood community — don’t miss it!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1990
- Lot Size
- 23,944 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $240.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,301 | 1,367.5 | 50% |
| Lot Size | 23,944 | 11,972 | 50% |
| Price | $595.0K | $647.0K | 50% |
| Price per sq ft | $457 | $472 | 50% |
| Built year | 1990 | 1985 | 50% |
| HOA | $240.0 | $295 | 50% |
| Days on market | 95 | 123 | 50% |
Pricing History
Listed for Sale
Feb 26, 2026
$595,000
$622,000
-4% Price Drop
Initial Listing
Price Change
Dec 1, 2025
$622,000
Initial Listing