5533 Oliva Avenue, Lakewood, California 90712, Lakewood, 90712 - 3 bed, 2 bath
5533 Oliva Avenue
Lakewood, California 90712
Property Price
SUMMARY
Analysis of 5533 Oliva Avenue, Lakewood, California 90712 reveals a Fairly Priced Property with a current list price of $900,000 aligned with the estimated $903,621 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 |
|---|---|---|---|---|---|---|
★ 5533 Oliva Avenue Subject | $900,000* List Price | 3 | 2 | 1,199 | $754 | - |
A 5613 Oliva Avenue Sold | $920,000 | 3 | 2 | 1,316 | $699 | 0.1 mi |
B 2942 Silva Sold | $870,000 | 3 | 1 | 1,098 | $792 | 0.9 mi |
C 6062 Pimenta Sold | $850,000 | 3 | 2 | 1,224 | $694 | 0.6 mi |
D 5913 Castana Active | $850,000 List Price | 3 | 1 | 1,151 | $738 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1950, the property has undergone extensive recent renovations that meet current quality standards. Significant upgrades include a new roof and exterior paint (2024), a modern kitchen with granite countertops and stainless steel appliances, and the integration of smart home technology (Nest, smart locks, EV charging). With updated systems like a tankless water heater and central HVAC, the home shows no deferred maintenance and is in top-tier, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Upgrades
The property features significant high-value improvements including a brand-new roof (2024) with a 10-year warranty, fresh exterior paint, a tankless water heater, and EV charging capability, ensuring low immediate maintenance costs.
- Superior Outdoor Living
The backyard is a private oasis featuring a covered patio with electrical for a TV, pull-down sun shades, high privacy fencing, and professional low-voltage lighting, creating an ideal space for Southern California entertaining.
- Modern Smart Home Integration
Equipped with contemporary tech-forward features including a Nest thermostat, smart locks, under-cabinet smart lighting, and recessed lighting throughout, catering to the needs of modern buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1199, other record living area = 1131.
- Compact Interior Footprint
At 1,199 square feet for a three-bedroom, two-bathroom configuration, the interior living spaces and secondary bedrooms may feel small for families requiring more generous proportions.
- Average School Ratings
While conveniently located near several schools, the assigned institutions in the Paramount Unified School District carry average to lower ratings, which may be a deterrent for education-focused families.
About 5533 Oliva Avenue
Beautiful property sits on a tree lined street & interior tract location. This stylish home offers 3 bedrooms, 2 baths, spacious kitchen with eat-in area, lots of cabinetry, under cabinet smart lights, stainless steel gas stove, dishwasher, microwave, granite countertops, refrigerator included and adjacent to the indoor laundry area with more storage. The spacious primary bedroom with walk-in closet is strategically placed for views to the lush back yard with serene private setting through French doors. There are beautiful trees, grassy yard, high privacy fencing, covered patio with ample space for furniture, dining table, TV (electrical outside) and pull-down shades for afternoon sun. Also included are plantation shutters, recessed lighting, tankless water heater, newer roof (2024) with 10-yr workmanship warranty, exterior painted in 2024, 3-yr old garage door, smart locks, Nest thermostat, EV charging capability in garage, front and backyard irrigation system, outdoor low voltage lighting, central heating & air conditioning. Close proximity to shops, restaurants & parks. Don't miss this one!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 5,152 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 • 0.7 mi
Stephen Foster Elementary School
Grades PK-6 • 0.8 mi
Craig Williams Elementary School
Grades PK-6 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,199 | 1,326 | 29% |
| Lot Size | 5,152 | 5,271 | 40% |
| Price | $900.0K | $855.0K | 66% |
| Price per sq ft | $751 | $634 | 78% |
| Built year | 1950 | 1952 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 165 | 1% |
Pricing History
Listed for Sale
Feb 24, 2026
$900,000
Initial Listing
Sold
Oct 8, 2020
$660,000
Public Record