4168 Obispo Avenue, Lakewood, California 90712, Lakewood, 90712 - 3 bed, 2 bath

4168 Obispo Avenue, Lakewood, California 90712 home-pic-0

4168 Obispo Avenue

Lakewood, California 90712

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,729Sq Ft
5,001Lot Size

Property Price

LIST PRICE$875,000
EST. MARKET VALUE
$922,709
5% BelowMARKET VALUE

SUMMARY

Analysis of 4168 Obispo Avenue, Lakewood, California 90712 reveals a Prime Investment Opportunity with a current list price of $875,000—significantly undercutting the $922,709 Fair Market Value by 5%. This valuation gap indicates a +$47,709 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.

Estimated Market Value

$922,709 +$47,709 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lakewood.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4168 Obispo Avenue
Subject
$875,000*
List Price
321,729$534-
A
4318 Maybank
Sold
$800,000321,326$6030.3 mi
B
3638 Sandwood Street
Sold
$929,000421,726$5380.8 mi
C
2837 Flangel St
Sold
$840,000321,594$5270.2 mi
D
4113 Brock
Sold
$710,000321,348$5270.1 mi
E
2902 Del Amo
Active
$899,000
List Price
521,850$4860.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant recent upgrades to major systems, including a 3-year-old roof, a 1-year-old water heater, and central air/heat. The interior is well-maintained with hardwood flooring, recessed lighting, and a remodeled primary en suite bathroom. While the home was built in 1952, the combination of functional updates and aesthetic maintenance aligns with the 'good' criteria for a property that does not require immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Key System Upgrades

    The property features significant recent improvements, including a three-year-old roof, a one-year-old water heater, and central air and heat, minimizing immediate capital expenditures for the buyer.

  • Versatile Living Space

    The third bedroom's configuration as an open bonus room with a brick gas fireplace and French doors offers exceptional flexibility for use as a home office, guest suite, or expanded living area.

  • Modernized Primary Suite

    The primary bedroom serves as a high-end retreat featuring a remodeled en suite bathroom and generous closet space, providing a contemporary touch to this classic 1950s home.

CONSRISKS & DEFICIENCIES

  • Inconsistent School Ratings

    While some nearby schools perform well, the local elementary school carries a lower rating of 3, which may be a point of concern for families prioritizing top-tier public education.

  • Non-Traditional Bedroom Layout

    Because the third bedroom currently functions as an open living space, it may lack the immediate privacy required for a traditional bedroom without further modification or enclosure.

About 4168 Obispo Avenue

Charming and beautifully maintained Lakewood home with fantastic curb appeal and lush green landscaping. This inviting residence features hardwood floors throughout, recessed lighting, and a warm living room centered around a cozy wood fireplace. The formal dining area flows seamlessly into the spacious kitchen, complete with an eat-in breakfast bar—perfect for casual dining and everyday living. The generously sized primary bedroom offers a peaceful retreat with a remodeled en suite bathroom, carpeted floors, and a large closet. The second bedroom is bright and spacious with abundant natural light, and the full-size secondary bathroom is well-appointed for guests or family. The third bedroom lives as an open living area, offering excellent flexibility as a bonus room, home office, or guest suite. This versatile space features a charming brick gas burning fireplace, a convenient laundry closet, and French doors that open to the backyard. Enjoy the outdoors with multiple patio areas designed for effortless entertaining and outdoor living. Some updates include a roof that's 3 years old, water heater replaced a year ago, and central air and heat. Additional highlights include a two-car garage and thoughtfully maintained landscaping that enhances the home’s undeniable charm.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1952
Lot Size
5,001 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 • 1.3 mi

7/10

Captain Raymond Collins School

Grades K-5 • 2.3 mi

3/10

Hoover Middle School

Grades 6-8 • 0.6 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,7291,348
79%
Lot Size5,0015,271
22%
Price$875.0K$855.0K
60%
Price per sq ft$506$633
16%
Built year19521952
50%
HOA$0$0
50%
Days on market8165
1%

Pricing History

Listed for Sale

Feb 26, 2026

$875,000

Initial Listing

Sold

Aug 31, 2010

$385,000

Public Record

Sold

Dec 31, 2002

$334,500

Public Record

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