5847 Silva Street, Lakewood, California 90713, Lakewood, 90713 - 2 bed, 2 bath
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Lakewood, California 90713
This Meticulously Modernized Turnkey Residence is a Strong Value Opportunity, listed at $898,000—positioned well below the $942,182 Fair Market Value by 4%. This valuation gap offers $44,182 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the home features a renovated granite kitchen, a refinished private pool, and Level 2 EV charging readiness. Located in the Long Beach Unified district near Bancroft Middle School, this property combines financial security with a premium lifestyle. It is perfectly suited for Owner-Occupants or first-time buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5847 Silva Street Subject | $898,000* List Price | 2 | 2 | 1,092 | $863 | - |
A 4960 Woodruff Sold | $868,000 | 3 | 1 | 1,066 | $814 | 0.1 mi |
B 4915 Faust Ave Sold | $885,000 | 3 | 1 | 1,082 | $818 | 0.2 mi |
C 5939 Sandwood Street Sold | $875,000 | 2 | 1 | 872 | $1,003 | 0.3 mi |
D 4839 Eastbrook Sold | $865,000 | 3 | 1 | 1,082 | $799 | 0.2 mi |
E 4429 Mcnab Sold | $870,000 | 3 | 1 | 1,092 | $797 | 0.7 mi |
F 5864 Dashwood Sold | $830,000 | 2 | 1 | 888 | $935 | 0.3 mi |
G 4454 Canehill Active | $1,005,000 List Price | 3 | 2 | 1,076 | $934 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1950, this property has undergone extensive recent renovations that meet current high-quality standards. The interior features a fully modernized open-concept kitchen with a large granite island and stainless steel appliances, fully remodeled bathrooms with contemporary tile work, and high-end finishes including hardwood flooring, crown molding, and recessed lighting. Major infrastructure has been updated, including central HVAC, dual-pane windows, and a refinished pool with new plumbing and equipment. The addition of Level 2 EV charging readiness and the overall turnkey condition justify an excellent rating.
This meticulously maintained home features a fully modernized kitchen with a granite island, remodeled bathrooms, and high-end finishes like crown molding and hardwood floors, offering immediate move-in readiness.
The private backyard is an entertainer's dream, boasting a completely refinished pool with new plumbing and equipment, a built-in BBQ area, and multiple patio spaces for seamless indoor-outdoor living.
The property is equipped with essential modern comforts including central heating and air conditioning, dual-pane windows, and a detached garage with Level 2 EV charging readiness.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only two bedrooms, the property may have limited appeal for growing families or buyers requiring multiple dedicated home office spaces.
At 1,092 square feet, the primary living area is relatively small for the price point, which may feel restrictive despite the addition of the rear bonus room.
Welcome to this beautifully maintained, turnkey single-family home in the highly sought-after Lakewood Park neighborhood, known for its tree-lined streets and strong sense of community. Built in 1950 and situated on a 5,478 sq ft lot, this charming residence seamlessly blends classic character with thoughtful modern upgrades. A welcoming brick walkway and inviting curb appeal lead you into a bright, open-concept floor plan designed for comfortable everyday living and effortless entertaining. The spacious living room is filled with natural light and features a raised hearth brick fireplace, crown molding, recessed lighting, and a cozy window seat with plantation shutters. The updated kitchen has been thoughtfully modernized and opens directly to the living area, creating a seamless flow. It showcases a large granite island, ample cabinetry, granite countertops, a stylish tile backsplash, and stainless steel appliances—perfect for both hosting and daily use. Adjacent to the kitchen is a dedicated laundry room and convenient guest bath. A versatile rear bonus room with open beam ceilings and expansive windows offers the perfect space for a family room, game room, or indoor-outdoor entertaining area, with direct access to multiple patio spaces. Step outside to your private backyard retreat featuring a completely refinished pool, new pool pump, and updated return plumbing—providing both peace of mind and the ideal setting for relaxing or entertaining. The yard also includes a built-in BBQ area and two distinct patio spaces, with additional room to customize or expand your outdoor living. The home offers 2 bedrooms and 1¾ bathrooms, including a recently added three-quarter bath with a shower and toilet, as well as a fully remodeled primary bathroom featuring a walk-in shower with a built-in bench. Additional highlights include hardwood flooring, dual-pane windows, central heating and air conditioning, and a detached 2-car garage equipped with Level 2 EV charging readiness (240V), along with ample parking. Ideally located near shopping, dining, parks, and major freeways, this home offers the perfect combination of comfort, convenience, and lifestyle—an excellent opportunity for both homeowners and investors alike. VA loan is assumable!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-6 • 1.1 mi
Grades K-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,092 | 1,441 | 19% |
| Lot Size | 5,478 | 5,377 | 56% |
| Price | $898.0K | $910.0K | 45% |
| Price per sq ft | $822 | $657 | 87% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 153 | 1% |
Apr 9, 2026
$898,000
Initial Listing
Dec 13, 2021
$786,000
Public Record
Jun 14, 2019
$600,000
Public Record
Mar 11, 2016
$483,000
Public Record