5754 Coke, Lakewood, California 90712, Lakewood, 90712 - 3 bed, 2 bath
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Lakewood, California 90712
This property presents a Strong Value Opportunity with a List Price of $780,000—positioned well below the $821,760 Fair Market Value by 5%. This valuation gap offers $41,760 in Instant Equity for buyers. Featuring a Condition Rating of 5, this true fixer requires significant rehabilitation, including addressing the unfenced pool and interior updates. Located in the Long Beach Unified School District, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a high-potential project in a desirable Lakewood cul-de-sac.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5754 Coke Subject | $780,000* List Price | 3 | 2 | 2,025 | $406 | - |
A 6049 Whitewood Sold | $736,000 | 4 | 2 | 1,817 | $405 | 0.7 mi |
B 6149 Blackthorne Pending | $899,999 List Price | 4 | 3 | 2,047 | $440 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966 and explicitly described as a 'true fixer,' this property shows significant signs of neglect including visible water damage on ceilings, exposed wiring, and an unfenced empty pool cited as a safety hazard. The interior remains in original or highly dated condition (shag carpeting, 1960s cabinetry), and the listing's warning regarding traditional financing confirms it requires a full rehabilitation.
Situated on a quiet cul-de-sac in the highly desirable Lakewood Mutuals neighborhood, the property benefits from an award-winning school district and close proximity to shopping and dining.
With 2,025 square feet of living space, this home is significantly larger than many standard 3-bedroom models in the area, offering excellent footprint potential for a high-end remodel.
As a 'true fixer' in a sought-after community, this property presents a significant equity-building opportunity for investors or developers looking to capitalize on the strong Lakewood market.
Due to its 'true fixer' status and current condition, the property likely does not qualify for traditional financing, restricting the buyer pool to cash or hard-money investors.
The presence of an empty, unfenced swimming pool poses a major safety hazard and immediate liability concern that will require urgent attention and additional capital.
Incredible opportunity in one of Lakewood's most desirable neighborhoods! Tucked away on a quiet cul-de-sac, this spacious 3-Bedroom, 2-Bathroom home offers 2,025 sq.ft. of living space on a generous 6,033 sq.ft. lot. Located within an award-winning school district and just minutes from shopping, dining, and major conveniences, the location alone makes this property a standout. True fixer. Property is being sold as-is. Due to the property's current condition, traditional financing may not be available. Buyers are advised to verify financing options with a lender. Please be advised that there is an empty, unfenced swimming pool in the backyard. Visitors are encouraged to exercise extreme caution when viewing the property. Entry into the backyard is at your own risk.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-6 • 0.9 mi
Grades PK-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,025 | 1,379.5 |
| Lot Size | 6,061 | 5,205.5 |
| Price | $780.0K | $902.6K |
| Price per sq ft | $385 | $672 |
| Built year | 1966 | 1951 |
| HOA | $0 | $343 |
| Days on market | 6 | 43 |
Jul 16, 2026
$780,000
Initial Listing