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5019 Fanwood, Lakewood, California 90713, Lakewood, 90713 - 4 bed, 3 bath

5019 Fanwood, Lakewood, California 90713 home-pic-0
ACTIVE$1,170,000$1,952/sqft
Est. Value: $1,147,390
-1%
FairlyEstimate
5019 Fanwood, Lakewood, California 90713
4Beds
3Baths
1,952Sqft
5,498Lot

Price Vs. Estimate

The estimated value ($1,147,390.175) is $22,609.825 (1%) lower than the list price ($1,170,000). This property may be overpriced.

Key pros and cons

Top Pros:
ADU Potential with Approved Plans: The property includes city-approved ADU plans and a separate address, offering significant potential for rental income or an in-law suite, adding substantial value and flexibility.
Top Cons:
Age of Original Structure: Built in 1951, while extensively updated, the underlying structure's age may raise questions about original systems (e.g., plumbing, foundation) not explicitly mentioned as replaced.

Compared to the nearby listings

Price:$1.17M vs avg $907.5K (+$262,500)93%
Size:1,952 sqft vs avg 1,406 sqft90%
Price/sqft:$599 vs avg $66332%

More Insights

Built in 1951 (75 years old).
Condition: This 1951-built home has undergone an extensive and recent renovation, bringing it to an 'excellent' standard. The kitchen is virtually new with white shaker cabinets, quartz countertops, stylish subway backsplash, stainless steel appliances, and a farmhouse sink. Flooring is modern waterproof laminate throughout, and lighting is updated with recessed LEDs. Major systems are new or upgraded, including central heat and air with a Nest thermostat, a 200-amp electrical panel, and solar panels. While the main house bathrooms feature 'newly glazed tubs and tiles,' suggesting a refresh rather than a full gut remodel, they appear clean and functional. The ADU space also presents a modern, functional kitchenette and an updated bathroom. Overall, the property shows no deferred maintenance and meets current quality standards across almost all components, aligning with an extensive renovation within the last 5 years.
Year Built
1951
Close
-
List price
$1.17M
Original List price
$1.17M
Price/Sqft
$599
HOA
-
Days on market
-
Sold On
-
MLS number
PW26002089
Home ConditionExcellent
Features
View-

About this home

Welcome to this Absolutely Gorgeous Lakewood Home!! Come see this stunning, freshly painted property that blends modern luxury with everyday comfort. Every inch of this home has been thoughtfully updated with impeccable taste and finishes throughout. Beautifully maintained home, with bright, natural light. A true chef’s delight! The kitchen features: white shaker cabinets with soft-close drawers, quartz countertops, a stylish gray glass subway backsplash, stainless steel appliances, pantry, and a farmhouse sink under a modern ceiling-mounted range hood. Enjoy waterproof laminate flooring, recessed LED lighting, a Nest thermostat, and central heat and air. All bedrooms are spacious and well-lit, and bathrooms have newly glazed tubs and titles. Additional highlights include a 200- amp electrical panel, RV driveway and multi-car parking, new exterior paint and landscaping, SOLAR PANELS, and a large attic with pull-down storage. The backyard is perfect for entertaining with fruit trees, a patio, and a built-in brick firepit. BONUS!!! THIS PROPERTY COMES WITH CITY-APPROVED ADU PLANS AND A SEPARATE ADDRESS, READY FOR YOUR FINISHING TOUCH! BUILD IT OUT AND ENJOY POTENTIAL RENTAL UNIT OR A PERFECT IN-LAW SUITE. Located near major freeways, grocery stores, restaurants, and shopping centers, plus wonderful city parks - all within a family-friendly neighborhood known for its welcoming community. Don’t miss this beautiful gem with endless potential !

Y
Yvette Windom
Listing Agent

Nearby schools

6/10
Macarthur Elementary School
Public,•K-5•0.7mi
6/10
Esther Lindstrom Elementary School
Public,•PK-6•0.9mi
6/10
Gompers K-8
Public,•K-8•0.5mi
7/10
Bancroft Middle School
Public,•6-8•1.0mi
5/10
Lakewood High School
Public,•9-12•0.9mi
6/10
Mayfair High School
Public,•7-12•1.0mi

Price History

Date
Event
Price
01/08/20
Sold
$745,000
Condition Rating
Excellent
This 1951-built home has undergone an extensive and recent renovation, bringing it to an 'excellent' standard. The kitchen is virtually new with white shaker cabinets, quartz countertops, stylish subway backsplash, stainless steel appliances, and a farmhouse sink. Flooring is modern waterproof laminate throughout, and lighting is updated with recessed LEDs. Major systems are new or upgraded, including central heat and air with a Nest thermostat, a 200-amp electrical panel, and solar panels. While the main house bathrooms feature 'newly glazed tubs and tiles,' suggesting a refresh rather than a full gut remodel, they appear clean and functional. The ADU space also presents a modern, functional kitchenette and an updated bathroom. Overall, the property shows no deferred maintenance and meets current quality standards across almost all components, aligning with an extensive renovation within the last 5 years.
Pros & Cons

Pros

ADU Potential with Approved Plans: The property includes city-approved ADU plans and a separate address, offering significant potential for rental income or an in-law suite, adding substantial value and flexibility.
Extensive Modern Renovation: The home has been thoughtfully updated throughout with modern luxury finishes, including a fully remodeled kitchen with high-end appliances, quartz countertops, and white shaker cabinets.
Energy Efficiency & Modern Systems: Equipped with solar panels, a Nest thermostat, central heat and air, and a 200-amp electrical panel, ensuring energy savings and modern comfort.
Ample Parking & RV Access: Features an RV driveway and multi-car parking, a highly desirable amenity for vehicle owners or those needing extra space.
Enhanced Outdoor Living: The backyard is designed for entertaining, boasting fruit trees, a patio, and a built-in brick firepit, creating an inviting outdoor space.

Cons

Age of Original Structure: Built in 1951, while extensively updated, the underlying structure's age may raise questions about original systems (e.g., plumbing, foundation) not explicitly mentioned as replaced.
ADU Requires Buyer Investment: Although ADU plans are approved, the unit itself needs to be built out, requiring significant additional financial investment and project management from the buyer.
Cosmetic Bathroom Updates: Bathrooms feature 'newly glazed tubs and tiles,' suggesting a cosmetic refresh rather than a full remodel, which might not align with the comprehensive updates seen in other areas like the kitchen.
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