
Lakewood, California 90712
This Value-Add Residential Asset is listed at $759,000, positioned above the $689,326 Fair Market Value following a series of price adjustments by a motivated seller. Carrying a Condition Rating of 5 due to its mid-renovation state, the property provides a strategic head start with a newer composition roof and updated electrical panel. Located in the Lakewood Mutuals neighborhood near Twain Elementary and Hoover Middle School, the lot features a spa and patio. This is a strategic acquisition for Fix-and-Flip Investors or Contractors ready to unlock significant forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2823 Hardwick Street Subject | $759,000* List Price | 2 | 1 | 966 | $714 | - |
A 3327 Eckleson Sold | $730,000 | 2 | 1 | 875 | $834 | 0.3 mi |
B 2803 Hardwick Sold | $575,000 | 2 | 1 | 875 | $657 | 0.0 mi |
C 2912 Yearling Street Sold | $810,000 | 3 | 1 | 1,174 | $690 | 0.1 mi |
D 5143 Bixler Sold | $730,000 | 3 | 1 | 1,210 | $603 | 0.3 mi |
E 4328 Deeboyar Avenue Sold | $745,000 | 3 | 1 | 1,217 | $612 | 1.0 mi |
F 5839 Hayter Sold | $785,000 | 3 | 1 | 1,202 | $653 | 1.0 mi |
G 2413 Denmead Street Pending | $767,000 List Price | 3 | 1 | 1,225 | $626 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the property features a newer roof and updated electrical panel, the interior is in a state of mid-renovation or significant disrepair. Images show unfinished walls with exposed plaster/lathe in the living area and missing backsplashes/unfinished drywall in the kitchen. The yard is overgrown with weeds and the driveway is cracked. Despite some updated kitchen cabinetry, the home requires substantial rehabilitation to be move-in ready and comfortable.
The property features a newer composition roof and an updated electrical panel, addressing two major high-cost maintenance items and providing immediate peace of mind for the buyer.
Ideally situated in the heart of Lakewood, the home offers exceptional convenience with close proximity to the Lakewood Mall and premier shopping districts.
With a significant price reduction from the original $825,000 and a motivated seller, this property presents a strong opportunity for buyers looking to enter a desirable neighborhood at a more accessible price point.
At just 966 square feet with a 2-bedroom, 1-bathroom configuration, the home's compact footprint may be restrictive for growing families or those requiring additional utility space.
The property has been on the market for over 100 days and has returned to market after previous activity, which may lead to buyer scrutiny regarding its history or previous appraisal values.
"Back on the market and priced to sell! This charming 2-bedroom, 1-bath single-family home in the heart of Lakewood is a fantastic opportunity for buyers looking for value and peace of mind. The motivated seller has ensured this home is ready for its next chapter, featuring a newer composition roof and an updated electrical panel, saving you significant future maintenance costs. Ideally situated just moments from the Lakewood Mall and premier shopping districts, this property combines convenience with a prime location. Don't miss out on this rare chance to secure this home in a highly desirable neighborhood schedule your private showing today!"
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 966 | 1,398 | 11% |
| Lot Size | 5,000 | 5,264 | 16% |
| Price | $759.0K | $865.0K | 9% |
| Price per sq ft | $786 | $638 | 87% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 162 | 33% |
Mar 18, 2026
$759,000
$799,999
-5% Price Drop
Initial Listing
Jan 17, 2026
$799,999
$825,000
-3% Price Drop
Initial Listing
Jan 5, 2026
$825,000
Initial Listing
May 22, 2007
$465,000
Public Record