3508 Arbor Road, Lakewood, California 90712, Lakewood, 90712 - 3 bed, 2 bath
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3508 Arbor Road
Lakewood, California 90712
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,614Sq Ft
5,071Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$922,083
SUMMARY
This Spacious Single Family Residence is a Prime Investment Opportunity, listed at $899,000—positioned well below the $922,084 Fair Market Value by 2%. This valuation gap offers $23,084 in Instant Equity. With a Condition Rating of 3, the home features significant infrastructure upgrades, including a newer roof and HVAC, while offering a large bonus room and detached garage with ADU Potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in a prime Lakewood location.
Estimated Market Value
$922,083
Based on Realkey algorithm analyzing recent comparable sales in Lakewood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3508 Arbor Road Subject | $899,000* List Price | 3 | 2 | 1,614 | $571 | - |
A 4219 Pixie Sold | $860,000 | 3 | 2 | 1,539 | $559 | 0.9 mi |
B 2549 Bomberry Sold | $900,000 | 3 | 2 | 1,513 | $595 | 0.7 mi |
C 2713 Flangel Sold | $985,000 | 3 | 2 | 1,701 | $579 | 0.6 mi |
D 4746 Obispo Avenue Sold | $935,000 | 4 | 2 | 1,736 | $539 | 0.3 mi |
E 2724 Fairman Sold | $780,000 | 3 | 2 | 1,318 | $592 | 0.5 mi |
F 4537 Lakewood Boulevard Sold | $821,690 | 3 | 1 | 1,149 | $715 | 0.5 mi |
G 4702 Castana Sold | $959,000 | 3 | 2 | 1,651 | $581 | 0.3 mi |
H 2545 Loomis St Sold | $1,095,000 | 4 | 2 | 1,619 | $676 | 0.6 mi |
I 3219 Fairman Active Under Contract | $899,900 List Price | 3 | 2 | 1,850 | $486 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is exceptionally well-maintained with significant updates to major systems, including a newer roof, HVAC, updated electrical, and repiped plumbing. While the kitchen features dated tile countertops and older cabinetry, the bathrooms have been recently remodeled, and the overall condition is move-in ready and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Infrastructure Upgrades
The property features significant high-value updates including a newer roof, fully repiped plumbing, updated electrical, and a newer HVAC system, offering buyers long-term peace of mind and reduced maintenance costs.
- Versatile Living Space & ADU Potential
With a large bonus addition and a detached garage suitable for a future ADU conversion, the home provides exceptional flexibility for a primary suite, home office, or additional rental income.
- Prime Neighborhood Location
Situated in the desirable Lakewood Mutuals area, the home offers superior walkability and access to Lakewood Center, LBX, multiple parks, and major freeways for an easy commute.
CONSRISKS & DEFICIENCIES
- Modest School Ratings
The assigned elementary school has a lower rating (3/10), which may be a drawback for families specifically seeking high-performing public school districts.
- Standard Lot Size
At approximately 5,071 square feet, the lot size is typical for the 1950s subdivision but may feel restrictive for buyers desiring expansive private outdoor space or large gardens.
About 3508 Arbor Road
WOW! WOW! WOW! LOCATION! LOCATION! LOCATION! Welcome to THE MOST DESIRABLE neighborhoods in the Lakewood Mutuals! This beautifully upgraded 3-bedroom, 2-bathroom home offers the perfect combination of MAJOR UPGRADES, ADDITIONAL LIVING SPACE, and an UNBEATABLE LOCATION!This home has been meticulously maintained and features a long list of expensive improvements, including a NEWER ROOF, NEW PLUMBING, UPDATED ELECTRICAL, NEWER HVAC SYSTEM, DUAL-PANE WINDOWS, TWO PREMIUM PELLA SLIDING DOORS, REPLACED DOORS, REMODELED BATHROOMS, REFINISHED ORIGINAL HARDWOOD FLOORS, TRAVERTINE FLOORING, CROWN MOLDING, NEWER CARPETING, GUTTERS AROUND THE ENTIRE HOME, FRESH INTERIOR AND EXTERIOR PAINT, AND CEILING FANS THROUGHOUT! Inside, you'll find a HUGE LIVING ROOM, a spacious dining area, and three generously sized bedrooms. Just off the kitchen is a MASSIVE BONUS ADDITION that creates endless possibilities. Design your dream primary suite, home office, gym, game room, studio, or additional family room. Step outside into a beautifully customized backyard featuring ITALIAN TILE and a BUILT-IN BBQ that's perfect for entertaining family and friends. The DETACHED GARAGE offers incredible ADU POTENTIAL for a future guest house, rental unit, private office, or additional living space. The location is second to none! You're just minutes from LAKEWOOD CENTER, LONG BEACH TOWNE CENTER, LBX, COSTCO, HOME DEPOT, Starbucks, popular restaurants, shopping, HEARTWELL PARK, HEARTWELL GOLF COURSE, BOLIVAR PARK, and RYNERSON PARK. You're also just THREE BLOCKS FROM LAKEWOOD COUNTRY CLUB, with quick access to the 605, 91, and 405 freeways and only minutes from Long Beach Airport. Homes with this many MAJOR UPGRADES, this much FLEXIBLE LIVING SPACE, and this incredible LOCATION rarely become available. Don't miss your opportunity to own one of the best NEIGHBORHOOD Lakewood!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,071 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lakewood Unified Schools
Twain Elementary School
Grades K-5 • 1.0 mi
7/10
Captain Raymond Collins School
Grades K-5 • 1.6 mi
3/10
Hoover Middle School
Grades 6-8 • 0.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,614 | 1,350.518 |
| Lot Size | 5,071 | 5,208.598 |
| Price | $899.0K | $904.0K |
| Price per sq ft | $557 | $669 |
| Built year | 1952 | 1952 |
| HOA | $0 | $404 |
| Days on market | 31 | 44 |
Pricing History
Listed for Sale
Aug 9, 2026
$899,000
Initial Listing
Sold
Nov 3, 2000
$249,500
Public Record