5018 Elderhall Avenue, Lakewood, California 90712, Lakewood, 90712 - 4 bed, 2 bath
5018 Elderhall Avenue
Lakewood, California 90712
Property Price
SUMMARY
Analysis of 5018 Elderhall Avenue, Lakewood, California 90712 reveals a Fairly Priced Property with a current list price of $950,000 aligned with the estimated $968,348 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5018 Elderhall Avenue Subject | $950,000* List Price | 4 | 2 | 1,638 | $591 | - |
A 2209 Del Bay Sold | $905,000 | 3 | 2 | 1,576 | $574 | 0.4 mi |
B 2729 Fairman Street Sold | $955,000 | 4 | 2 | 1,577 | $606 | 0.6 mi |
C 4513 N Paramount Boulevard Sold | $970,000 | 4 | 3 | 1,714 | $566 | 0.6 mi |
D 2545 Loomis St Active | $1,150,000 List Price | 4 | 2 | 1,619 | $710 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that effectively modernizes the 1969 structure to current standards. Key upgrades include the replacement of all interior walls and ceilings with new drywall, the installation of porcelain tile flooring throughout, and upgraded LED recessed lighting. The kitchen is a highlight, featuring high-end professional-grade appliances like a 48-inch Thor range, new cabinetry, and granite countertops. With a spa-like primary bathroom and updated central HVAC, the home meets the criteria for a fully renovated property with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Kitchen Upgrades
The kitchen is a standout feature, equipped with a 48-inch Thor 6-burner gas stove, granite countertops, and high-end cabinetry, offering a professional-grade culinary experience.
- Extensive Interior Modernization
The home has been thoroughly updated with new drywall, scuff-proof paint, porcelain tile flooring, and LED recessed lighting, providing a contemporary feel and reducing immediate maintenance needs.
- Prime Commuter Location
Located in the desirable Cherry Cove neighborhood, the property offers exceptional accessibility to the 91, 605, 710, and 405 freeways, alongside proximity to major retail hubs like Lakewood Center Mall.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
The lot size of 4,757 square feet is relatively compact for a four-bedroom home, which may restrict options for significant outdoor entertaining or large-scale landscaping.
- Underwhelming School Ratings
Despite the high demand for the neighborhood, several assigned local schools carry lower performance ratings, which could be a deterrent for education-focused families.
About 5018 Elderhall Avenue
This 4-bedroom 2-bath home is located in the heart of Lakewood's highly desired neighborhood Cherry Cove! This home has beautiful curb appeal and offers amazing space and versatility. The updated kitchen features plenty of new cabinetry, a large pantry, granite countertops, a 48" Thor 6 burner gas stove with griddle, new dish washer and hooded vent. This home offers a large dining area seamlessly connected to the kitchen. All walls and ceilings in the home have been refinished and painted with scuff proof paint, which instantly modernizes this beautiful home. This home boasts beautiful porcelain tile throughout and upgraded LED recessed lighting. This well sought after floor plan includes an indoor laundry area for added convenience, garage access from inside the home as well as central A/C and heat. The large main bedroom has beautiful custom closet doors and a spa like bathroom which includes an oversized jacuzzi tub with jets. The cozy oversized wood/gas burning fireplace is definitely and added bonus. This spacious layout is just minutes from Lakewood Center Mall, Costco, Target, Walmart, several different grocery store chains, local dining, parks, top rated schools and is commuter friendly with easy access to the 91 FWY, 605 FWY, 710 FWY and the 405 FWY.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 4,757 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lakewood Unified Schools
Captain Raymond Collins School
Grades K-5 • 1.7 mi
Twain Elementary School
Grades K-5 • 1.9 mi
Hoover Middle School
Grades 6-8 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,638 | 1,348 | 69% |
| Lot Size | 4,757 | 5,271 | 2% |
| Price | $950.0K | $855.0K | 76% |
| Price per sq ft | $580 | $633 | 39% |
| Built year | 1969 | 1952 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 165 | 1% |
Pricing History
Listed for Sale
Feb 20, 2026
$950,000
Initial Listing
Sold
Feb 14, 2019
$580,000
Public Record