5116 Obispo Avenue, Lakewood, California 90712, Lakewood, 90712 - 4 bed, 2 bath

5116 Obispo Avenue, Lakewood, California 90712 home-pic-0
ACTIVE$949,000$1,708/sqft
Est. Value: $974,692
2%
FairlyEstimate
5116 Obispo Avenue, Lakewood, California 90712
4Beds
2Baths
1,708Sqft
5,337Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $949,000.

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The property boasts significant modern upgrades including a new HVAC system, 200-amp electrical panel, new sewer cleanout, 220V outlets, energy-efficient window tinting, and custom awnings, enhancing comfort and efficiency.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$949.0K vs avg $865.0K (+$84,000)69%
Size:1,708 sqft vs avg 1,424 sqft74%
Price/sqft:$556 vs avg $61530%

More Insights

Built in 1952 (74 years old).
Condition: This property is move-in ready with significant recent upgrades. While built in 1952, the listing highlights a new HVAC system, new 200-amp electrical panel, and new sewer cleanout, indicating major systems are within their expected lifespan. The kitchen features modern quartz counters, a matching backsplash, new flooring, and recessed lighting, though the 'revitalized oak cabinetry' and white appliances, while clean and functional, are not brand new high-end. The primary bathroom is updated with modern vanities and fixtures. The overall interior is freshly painted with crown molding and well-maintained hardwood floors in living areas. The second bathroom is functional but less extensively updated than the primary. These extensive renovations make it a solid 'Good' condition, requiring no immediate work.
Year Built
1952
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$556
HOA
-
Days on market
-
Sold On
-
MLS number
26634625
Home ConditionGood
Features
Patio
View-

About this home

Discover this beautifully refreshed single-story, single-family home in Lakewood CA, located in the desirable Lakewood Mutuals neighborhood known for tree-lined streets and community charm. Offering a flexible 4-bedroom, 2-bath layout, the home provides generous space for guests, multi-generational living, or work-from-home needs. Recent upgrades include a 200-amp electrical panel, new HVAC, new sewer cleanout added to the front yard for easy access, 220V outlets, energy-efficient window tinting, new window screens, and custom awnings. Inside, enjoy freshly painted interiors, crown molding, abundant natural light, and an updated all-electric kitchen with quartz counters, a matching backsplash, and revitalized oak cabinetry with a custom range hood. The spacious primary suite features a walk-in closet and French doors opening to a covered patio and private backyard with Saltillo tile and masonry fence. An extra-large 2-car garage provides ample parking, storage, or workspace. Conveniently located near parks, shopping, dining, freeways, and Long Beach Airport. Public records show 1,708 sq ft; floor plan approx. 1,926 sq ft. Buyer to verify.

C
Claudia Ilcken
Listing Agent

Nearby schools

3/10
Captain Raymond Collins School
Public,K-51.1mi
7/10
Twain Elementary School
Public,K-51.4mi
6/10
Hoover Middle School
Public,6-80.8mi
7/10
Bancroft Middle School
Public,6-81.6mi
4/10
Leona Jackson School
Public,4-82.6mi
/10
Buena Vista High School
Public,9-120.6mi
5/10
Lakewood High School
Public,9-122.0mi
5/10
Paramount High School
Public,9-123.5mi

Price History

Date
Event
Price
09/15/23
Sold
$869,000
08/15/03
Sold
$370,000
Condition Rating
Good

This property is move-in ready with significant recent upgrades. While built in 1952, the listing highlights a new HVAC system, new 200-amp electrical panel, and new sewer cleanout, indicating major systems are within their expected lifespan. The kitchen features modern quartz counters, a matching backsplash, new flooring, and recessed lighting, though the 'revitalized oak cabinetry' and white appliances, while clean and functional, are not brand new high-end. The primary bathroom is updated with modern vanities and fixtures. The overall interior is freshly painted with crown molding and well-maintained hardwood floors in living areas. The second bathroom is functional but less extensively updated than the primary. These extensive renovations make it a solid 'Good' condition, requiring no immediate work.
Pros & Cons

Pros

Extensive Recent Upgrades: The property boasts significant modern upgrades including a new HVAC system, 200-amp electrical panel, new sewer cleanout, 220V outlets, energy-efficient window tinting, and custom awnings, enhancing comfort and efficiency.
Desirable Neighborhood & Location: Located in the sought-after Lakewood Mutuals, known for its community charm and tree-lined streets, with convenient access to parks, shopping, dining, freeways, and Long Beach Airport.
Flexible & Updated Interior: Offers a versatile 4-bedroom layout ideal for guests, multi-generational living, or work-from-home needs, complemented by freshly painted interiors, crown molding, and an updated all-electric kitchen with quartz counters.
Private Outdoor Living Space: The spacious primary suite features French doors opening to a covered patio and a private backyard with Saltillo tile and a masonry fence, providing an inviting and secluded outdoor retreat.
Ample Utility & Storage: An extra-large 2-car garage provides generous space for parking, additional storage, or a dedicated workspace, adding significant practical value.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Lack of Scenic Views: The property explicitly states 'View: None,' which may be a significant drawback for buyers prioritizing scenic outlooks or natural vistas.
Potential for Noise Exposure: While convenient, the proximity to freeways and Long Beach Airport could subject residents to increased traffic and aircraft noise, impacting the home's tranquility.
Age of Original Structure: Despite extensive modern renovations, the home's original construction in 1952 means some underlying structural or design elements may still reflect its age, potentially requiring future considerations.
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