
Lakewood, California 90712
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,025,000—positioned well below the $1,060,300 Fair Market Value by 3%. This valuation gap offers $35,300 in Instant Equity for the buyer. Featuring a 2024 roof, modern primary suite, and hardwood floors, the home maintains a Condition Rating of 3. Its proximity to Lakewood Center and major freeways enhances its appeal. This is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5434 Graywood Avenue Subject | $1,025,000* List Price | 4 | 3 | 2,226 | $476 | - |
A 5503 Sunfield Avenue Sold | $840,000 | 3 | 2 | 1,468 | $572 | 0.2 mi |
B 5903 Hazelbrook Avenue Sold | $962,000 | 3 | 2 | 1,618 | $595 | 0.5 mi |
C 5931 Pimenta Sold | $921,000 | 3 | 2 | 1,808 | $509 | 0.6 mi |
D 5058 Fidler Avenue Sold | $1,200,000 | 3 | 3 | 2,035 | $590 | 0.5 mi |
E 6049 Whitewood Avenue Sold | $995,000 | 4 | 2 | 1,817 | $548 | 0.7 mi |
F 5812 Graywood Sold | $860,000 | 3 | 2 | 1,674 | $514 | 0.3 mi |
G 6026 Oliva Sold | $865,000 | 3 | 2 | 1,615 | $536 | 0.7 mi |
H 5408 Sunfield Active Under Contract | $865,000 List Price | 3 | 2 | 1,771 | $488 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready, featuring a brand-new roof (2024) and modern mini-split HVAC systems. The kitchen is functional with granite countertops and stainless steel appliances, though the cabinetry style reflects a renovation from approximately 10-15 years ago. The primary suite is updated with a contemporary freestanding tub and walk-in shower, balancing the home's 1950s origin.
The spacious upstairs primary retreat, added as a thoughtful expansion, features a private balcony and a luxury en-suite bathroom with a freestanding tub and walk-in shower.
A brand-new roof installed in 2024 provides significant peace of mind and reduces immediate maintenance concerns for the new homeowner.
Ideally situated just two blocks from Lakewood Center and ten minutes from The Hangar, the property offers excellent proximity to shopping, dining, and major freeway access.
The property includes only a one-car garage, which may be insufficient for a four-bedroom household's parking and storage requirements.
The backyard is currently a 'blank canvas,' requiring additional investment and effort from the buyer to design and complete the landscaping.
South of South St., this Lakewood home blends original character with thoughtful updates. The living and dining rooms flow seamlessly into one another, opening to the backyard through French doors. The kitchen and family room offer their own connection to the outdoors, creating an easy layout for entertaining family and friends. Toward the front of the home are three original bedrooms and one bathroom, preserving the character of the original build with original hardwood floors throughout. In the mid-1970s, an upstairs primary suite was added, offering a spacious retreat with a walk-in closet and an updated en-suite bathroom featuring a freestanding bathtub and walk-in shower. Completing the upstairs is a balcony, the perfect spot for starting mornings or winding down evenings. A one-car garage provides extra storage or parking, along with the laundry area, and a new roof installed in 2024 adds peace of mind for years to come. The backyard is a blank canvas, already set up with a concrete pad off the dining room and family room, open grassy space, and a planter ready for vegetables or fruit trees. Only 2 blocks from Lakewood Center and 10 minutes to The Hangar in Long Beach, with easy access to the 605 and 91 freeways.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,226 | 1,350.518 |
| Lot Size | 5,113 | 5,208.598 |
| Price | $1.02M | $904.0K |
| Price per sq ft | $460 | $669 |
| Built year | 1950 | 1952 |
| HOA | $0 | $404 |
| Days on market | 19 | 44 |
Aug 21, 2026
$1,025,000
Initial Listing
Apr 30, 2021
$865,000
Public Record
Jan 25, 2016
$615,000
Public Record
Nov 21, 2002
$350,000
Public Record
Jan 23, 1998
$225,000
Public Record