2823 Hardwick Street, Lakewood, California 90712, Lakewood, 90712 - 2 bed, 1 bath

2823 Hardwick Street, Lakewood, California 90712 home-pic-0
ACTIVE$799,999$966/sqft
Est. Value: $683,062
-14%
AboveEstimate
2823 Hardwick Street, Lakewood, California 90712
2Beds
1Bath
966Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($683,061.755) is $116,937.245 (14%) lower than the list price ($799,999). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: The property is situated in a desirable area of Lakewood, offering convenient access to amenities like the Lakewood Mall and various shopping centers, enhancing its lifestyle appeal.
Top Cons:
Limited Bedrooms and Bathrooms: With only 2 bedrooms and 1 bathroom, the property may not accommodate larger families or those desiring more living space and amenities, potentially limiting the buyer pool.

Compared to the nearby listings

Price:$800.0K vs avg $865.0K ($-65,001)17%
Size:966 sqft vs avg 1,410 sqft11%
Price/sqft:$828 vs avg $61990%

More Insights

Built in 1952 (74 years old).
Condition: Built in 1952, this property shows significant signs of neglect and unfinished renovations. While the listing mentions a newer roof and electrical box, and the kitchen has updated cabinets, counters, and stainless steel appliances, the interior walls in both the kitchen and living room are unfinished with peeling paint/wallpaper or exposed paneling. The kitchen flooring is old and worn, and the bedroom features old, stained carpet. The backyard is also unkempt. These extensive cosmetic defects require substantial repairs and rehabilitation to make the home comfortable and appealing, pushing it into the 'poor' category despite some functional updates.
Year Built
1952
Close
-
List price
$800K
Original List price
$825K
Price/Sqft
$828
HOA
-
Days on market
-
Sold On
-
MLS number
26633073
Home ConditionPoor
Features
View-

About this home

Fantastic opportunity for this charming 2 -bedroom 1- bath Single family home, located in desirable area of Lakewood. Property features, newer composition roof and Electrical Box. Nice Conveniently located near the Lakewood Mall, and shopping.

S
Sheree Reid
Listing Agent

Nearby schools

3/10
Captain Raymond Collins School
Public,K-51.2mi
7/10
Twain Elementary School
Public,K-51.5mi
6/10
Hoover Middle School
Public,6-80.9mi
7/10
Bancroft Middle School
Public,6-81.8mi
4/10
Leona Jackson School
Public,4-82.6mi
/10
Buena Vista High School
Public,9-120.7mi
5/10
Lakewood High School
Public,9-122.1mi
5/10
Paramount High School
Public,9-123.6mi

Price History

Date
Event
Price
05/22/07
Sold
$465,000
Condition Rating
Poor

Built in 1952, this property shows significant signs of neglect and unfinished renovations. While the listing mentions a newer roof and electrical box, and the kitchen has updated cabinets, counters, and stainless steel appliances, the interior walls in both the kitchen and living room are unfinished with peeling paint/wallpaper or exposed paneling. The kitchen flooring is old and worn, and the bedroom features old, stained carpet. The backyard is also unkempt. These extensive cosmetic defects require substantial repairs and rehabilitation to make the home comfortable and appealing, pushing it into the 'poor' category despite some functional updates.
Pros & Cons

Pros

Desirable Location: The property is situated in a desirable area of Lakewood, offering convenient access to amenities like the Lakewood Mall and various shopping centers, enhancing its lifestyle appeal.
Key System Upgrades: Recent updates include a newer composition roof and an updated electrical box, which are significant improvements that reduce immediate maintenance concerns and costs for a new owner.
Single Family Residence: As a single-family home, it offers privacy, a dedicated lot, and greater potential for appreciation compared to multi-family units.
Generous Lot Size: The 5,000 sqft lot provides ample outdoor space for gardening, entertaining, or potential future expansion, a valuable asset in urban areas.
Recent Price Adjustment: The property has seen a recent price reduction from $825,000 to $799,999, indicating potential for a more competitive offer and attracting value-conscious buyers.

Cons

Limited Bedrooms and Bathrooms: With only 2 bedrooms and 1 bathroom, the property may not accommodate larger families or those desiring more living space and amenities, potentially limiting the buyer pool.
Older Construction: Built in 1952, the home is over 70 years old. While some updates are noted, other critical systems (e.g., plumbing, HVAC, windows) and interior finishes may be original or outdated, requiring further investment.
Lack of Detailed Interior Information: The description is sparse on interior details, not mentioning kitchen/bathroom updates, flooring, or specific amenities like central air conditioning, which suggests potential for significant renovation costs to meet modern standards.
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