5634 Downey Avenue, Lakewood, California 90712, Lakewood, 90712 - 2 bed, 1 bath
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Lakewood, California 90712
This Charming Move-In Ready Starter Home is listed at $775,000, representing a stable entry point into the high-demand Lakewood Mutuals neighborhood. Positioned near its $748,220 Fair Market Value, the property maintains a Condition Rating of 4, featuring beautifully preserved original hardwood floors, updated dual-pane windows, and a private patio. The generous 5,300 sqft lot provides significant expansion potential for a future ADU. Located within the Long Beach Unified District near Twain Elementary and Bancroft Middle School, this residence is a perfect match for first-time buyers or Owner-Occupants seeking a functional, well-located sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5634 Downey Avenue Subject | $782,000 | 2 | 1 | 887 | $829 | - |
A 3327 Eckleson Sold | $730,000 | 2 | 1 | 875 | $834 | 0.6 mi |
B 5429 Verdura Sold | $795,000 | 2 | 1 | 887 | $896 | 0.2 mi |
C 2823 Hardwick Street Sold | $701,000 | 2 | 1 | 966 | $726 | 0.6 mi |
D 2912 Allred Sold | $800,000 | 2 | 1 | 1,227 | $652 | 0.9 mi |
E 3202 Eckleson Street Sold | $850,000 | 3 | 1 | 1,186 | $717 | 0.7 mi |
F 5839 Hayter Sold | $785,000 | 3 | 1 | 1,202 | $653 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the home is well-maintained and move-in ready with fresh paint and updated dual-pane windows. However, the kitchen and bathroom are dated, featuring older tile countertops and fixtures that appear to be over 20 years old. The presence of a wall heater suggests older HVAC systems, and while the original hardwoods are a plus, the property requires modernization of its core systems and wet areas to meet current standards.
The home features freshly painted interiors and exteriors, beautifully preserved original hardwood floors, and updated dual-pane windows, offering a turnkey experience for first-time buyers.
Situated in the heart of Lakewood Mutuals, the property offers exceptional convenience with close proximity to Lakewood Center, Long Beach Exchange, and major freeways for easy commuting.
The generous 5,300 square foot lot provides ample outdoor space and significant potential for future additions or the construction of an ADU to increase property value.
With only 887 square feet of living area and two bedrooms, the home's small footprint may be restrictive for growing families or those requiring a home office.
The 1952 layout includes only one bathroom, which can be a significant drawback for multi-person households and lacks the modern convenience of a primary suite.
Welcome to this charming starter home located at 5634 Downey Ave in the heart of Lakewood. Offering 2 bedrooms, 1 bathroom, and approximately 887 square feet of living space, this well-maintained residence is a fantastic opportunity for first-time buyers or those looking to downsize. Step inside to find freshly painted interiors complemented by beautifully preserved original hardwood floors that add warmth and character throughout the home. The updated dual-pane windows provide energy efficiency, natural light, and a quiet indoor environment. The functional layout maximizes every square foot, creating a comfortable and inviting living space. The exterior has also been freshly painted, enhancing the home’s curb appeal and making it truly move-in ready. The property offers a great foundation with potential to personalize and make it your own. Ideally situated near Lakewood Center, with convenient access to major freeways, commuting is a breeze. Enjoy close proximity to the Long Beach Exchange, offering a wide variety of shopping, dining, and entertainment options. Don’t miss this wonderful opportunity to own a home in a desirable Lakewood neighborhood with unbeatable convenience and charm.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 887 | 1,322 | 11% |
| Lot Size | 5,300 | 5,272 | 52% |
| Price | $782.0K | $869.5K | 14% |
| Price per sq ft | $882 | $640 | 89% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 126 | 7% |
Apr 22, 2026
$775,000
Initial Listing