4562 Iroquois Avenue, Lakewood, California 90713, Lakewood, 90713 - 3 bed, 1 bath
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4562 Iroquois Avenue
Lakewood, California 90713
ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,082Sq Ft
5,118Lot Size
Property Price
LIST PRICE$859,000
EST. MARKET VALUE
$876,009
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $879,000—positioned well below the $885,264 Fair Market Value by 0.7%. This valuation gap offers $6,264 in Instant Equity. With a Condition Rating of 3, the home features modern infrastructure like central AC and dual-pane windows. The detached garage offers significant ADU Conversion Potential, while the proximity to Grover Cleveland Elementary adds long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located asset.
Estimated Market Value
$876,009
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 |
|---|---|---|---|---|---|---|
★ 4562 Iroquois Avenue Subject | $859,000* List Price | 3 | 1 | 1,082 | $810 | - |
A 4627 Monogram Sold | $890,000 | 3 | 1 | 1,066 | $835 | 0.2 mi |
B 6002 Gallup Sold | $925,000 | 3 | 1 | 1,092 | $847 | 0.6 mi |
C 6222 Arbor Road Sold | $885,000 | 3 | 1 | 1,066 | $830 | 0.3 mi |
D 4629 Dunrobin Avenue Sold | $870,000 | 3 | 1 | 1,076 | $809 | 0.9 mi |
E 4422 Knoxville Sold | $805,000 | 2 | 1 | 949 | $848 | 0.2 mi |
F 6113 Greenmeadow Road Sold | $890,000 | 3 | 1 | 1,076 | $827 | 0.7 mi |
G 5122 Woodruff Sold | $910,000 | 3 | 2 | 1,234 | $737 | 0.9 mi |
H 4454 Canehill Sold | $995,000 | 3 | 2 | 1,076 | $925 | 0.3 mi |
I 4228 Carfax Active | $875,000 List Price | 3 | 1 | 1,092 | $801 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1950, the property is well-maintained and move-in ready with significant system upgrades including central AC, forced air heating, dual-pane windows, and an upgraded electrical panel. The interior features original hardwood floors in good condition and a functional galley kitchen that, while dated in style, appears clean and fully operational.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Infrastructure Upgrades
The home features essential modern updates including central air conditioning, forced air heating, dual-pane windows, and an upgraded electrical panel, which are significant value-adds for a 1950s property.
- ADU Conversion Potential
The detached two-car garage and spacious backyard offer a prime opportunity for an Accessory Dwelling Unit (ADU) conversion, providing flexibility for rental income or multi-generational living.
- Prime Neighborhood Location
Situated on a picturesque, tree-lined street near the award-winning Grover Cleveland Elementary School, the property is located in one of Lakewood's most sought-after and stable communities.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's layout may be restrictive for larger families or buyers accustomed to modern convenience standards.
- Compact Living Space
At 1,082 square feet with a galley-style kitchen, the interior footprint is relatively small and may require creative remodeling to achieve a more open, contemporary feel.
About 4562 Iroquois Avenue
Welcome to this charming home on a picturesque, tree lined street in one of Lakewood's most desirable neighborhoods. Ideally located near award winning Grover Cleveland Elementary School, this inviting residence blends comfort, functionality & exciting potential. Beautiful hardwood floors, dual pane windows, central air conditioning, forced air heating and an upgraded electrical panel. The kitchen is galley style and offers convenient access to inside laundry. The spacious backyard provides plenty of room to entertain, garden, relax or customize to suit your lifestyle. A detached 2 car garage offers generous parking and the flexibility of converting to an ADU. With it's sought after location, wonderful neighbors who have been there for long time, this home is perfect for first time homebuyers, investors or anyone ready to put down roots. VA FHA loans considered.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 5,118 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,082 | 1,350.518 |
| Lot Size | 5,118 | 5,208.598 |
| Price | $859.0K | $904.0K |
| Price per sq ft | $794 | $669 |
| Built year | 1950 | 1952 |
| HOA | $0 | $404 |
| Days on market | 26 | 44 |
Pricing History
Listed for Sale
Sep 1, 2026
$859,000
$879,000
-2% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$879,000
Initial Listing
Sold
Jan 29, 2024
$55,500
Public Record
Sold
Jun 25, 2021
$750,000
Public Record
Sold
Nov 4, 2008
$420,000
Public Record
Sold
Jul 28, 2000
$229,000
Public Record
Sold
Dec 21, 1999
$173,500
Public Record