4518 Albury, Lakewood, California 90713, Lakewood, 90713 - 2 bed, 1 bath
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Lakewood, California 90713
This property presents a High-Potential Investment Opportunity with a List Price of $775,000—positioned well below the $737,845 Fair Market Value by -5%. While the home requires modernization, its Fair Condition Rating and 5,008 sqft lot offer significant expansion potential, including space for a pool or ADU. Located in the Long Beach Unified School District, this asset is ideal for Fix-and-Flip Investors or first-time buyers ready to execute a value-add renovation in a prime Lakewood neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4518 Albury Subject | $775,000* List Price | 2 | 1 | 1,288 | $573 | - |
A 4759 Mcnab Sold | $821,000 | 2 | 1 | 1,224 | $671 | 0.4 mi |
B 6112 Freckles Sold | $635,000 | 3 | 1 | 1,076 | $590 | 0.5 mi |
C 4523 Knoxville Sold | $806,000 | 2 | 1 | 1,126 | $716 | 0.7 mi |
D 6137 Greenmeadow Sold | $835,000 | 3 | 1 | 1,092 | $765 | 0.6 mi |
E 4335 Knoxville Sold | $887,000 | 3 | 2 | 1,426 | $622 | 0.8 mi |
F 6009 Hardwick Sold | $867,500 | 3 | 2 | 1,490 | $582 | 0.8 mi |
G 4929 Coldbrook Avenue Pending | $850,000 List Price | 3 | 1 | 1,122 | $758 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 with no evidence of significant renovations in over 30 years. The interior features dated wood paneling, popcorn ceilings, wall heaters, and old carpeting. The listing description explicitly suggests the home needs to be brought up to 'modern times' and is ideal for investors or buyers ready to 'roll up their sleeves,' indicating a need for a full rehab of the kitchen, bath, and systems.
Situated in the desirable Lakewood Village area, the property is within walking distance to highly-rated schools, including MacArthur Elementary and Lakewood High School.
The generous 5,008 sqft lot and existing large bonus room provide significant opportunities for additions, a pool, or an ADU to increase the home's footprint and value.
Ideal for first-time buyers or investors, the home is in solid structural shape but requires cosmetic updates, allowing for immediate equity growth through modernization.
The property is noted as needing to be 'resurfaced' and modernized, implying a need for a significant upfront renovation budget to meet contemporary living standards.
With only one bathroom for a nearly 1,300 square foot home, the layout may be restrictive for families or buyers seeking modern convenience and utility.
Wonderful opportunity to own in a beautiful neighborhood near the some of the best schools around! Large lot ready for any needed additions or even a pool. 2 spacious bedrooms, 1 bathroom. Simple layout with a huge bonus room added to the back. In great shape - just needs to be resurfaced. Great for first time home buyers ready to roll up their sleaves or maybe for investors looking to bring this home up to modern times/ Don't let this one get away!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-6 • 1.6 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 1.0 | 2.0 | 28% |
| Square foot | 1,288 | 1,428 | 42% |
| Lot Size | 5,008 | 5,331 | 14% |
| Price | $775.0K | $925.0K | 5% |
| Price per sq ft | $602 | $669 | 29% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 120 | 5% |
May 28, 2026
$775,000
Initial Listing