5851 Premiere Avenue, Lakewood, California 90712, Lakewood, 90712 - 3 bed, 3 bath
5851 Premiere Avenue
Lakewood, California 90712
Property Price
SUMMARY
Analysis of 5851 Premiere Avenue, Lakewood, California 90712 reveals a Fairly Priced Property with a current list price of $865,000 aligned with the estimated $855,294 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 |
|---|---|---|---|---|---|---|
★ 5851 Premiere Avenue Subject | $865,000* List Price | 3 | 3 | 1,168 | $732 | - |
A 5839 Faculty Sold | $830,000 | 3 | 1 | 1,015 | $818 | 0.4 mi |
B 6145 Graywood Avenue Sold | $855,000 | 3 | 2 | 1,289 | $663 | 0.6 mi |
C 6062 Pimenta Sold | $850,000 | 3 | 2 | 1,224 | $694 | 0.8 mi |
D 5134 Ashworth Street Sold | $915,000 | 4 | 2 | 1,435 | $638 | 0.4 mi |
E 5718 Pearce Avenue Sold | $855,000 | 3 | 1 | 1,026 | $833 | 0.2 mi |
F 6138 Pepperwood Sold | $964,200 | 4 | 2 | 1,523 | $633 | 0.7 mi |
G 5808 Pennswood Avenue Active | $820,000 List Price | 3 | 2 | 1,318 | $622 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1943, the property has undergone an extensive and high-quality renovation within the last few years. The kitchen is fully modernized with white shaker-style cabinetry, quartz countertops, a subway tile backsplash, and stainless steel appliances. The bathrooms feature contemporary vanities and updated tile work. Throughout the home, there are refinished hardwood floors, recessed lighting, and updated fixtures. The additional living spaces are finished to the same high standard as the main residence, showing no signs of deferred maintenance and meeting current aesthetic and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Layout
The property features a main residence plus additional living spaces, offering exceptional flexibility for guest accommodations, a home office, or potential rental income.
- Desirable Neighborhood Location
Situated on a quiet interior street in the established Mayfair community, the home offers a peaceful residential feel with convenient access to parks, schools, and shopping.
- Strong School Proximity
The property is served by well-rated local schools, including Stephen Foster Elementary and Bancroft Middle School, enhancing its long-term value for families.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Compact Interior Square Footage
At 1,168 square feet for a three-bedroom, three-bathroom configuration, the primary living areas may feel small or congested for larger households.
- Vintage Infrastructure
Built in 1943, the home may require more frequent maintenance or updates to its older systems compared to more modern constructions in the area.
About 5851 Premiere Avenue
Welcome Home to 5851 Premiere Ave., located in the Mayfair neighborhood of Lakewood, this home offers a versatile property with a spacious primary residence and additional living spaces that create flexibility for a variety of uses. The main home provides comfortable single-family living, while the supplementary spaces offer options for extended household needs, guest accommodations, home office use, or potential rental income. The layout allows for separation and privacy while maintaining an overall cohesive flow across the property. Situated on a quiet interior street in Mayfair, the location offers a strong neighborhood feel within one of Lakewood’s most established communities. Close to parks, schools, shopping, and dining, with convenient access to major corridors, the property combines flexibility with long-term potential in a desirable setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1943
- Lot Size
- 5,752 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lakewood Unified Schools
Stephen Foster Elementary School
Grades PK-6 • 0.3 mi
Craig Williams Elementary School
Grades PK-6 • 0.4 mi
Thomas Jefferson 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 | 3.0 | 2.0 | 83% |
| Square foot | 1,168 | 1,326 | 22% |
| Lot Size | 5,752 | 5,298 | 78% |
| Price | $865.0K | $855.0K | 54% |
| Price per sq ft | $741 | $634 | 74% |
| Built year | 1943 | 1952 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 165 | 1% |
Pricing History
Listed for Sale
Feb 17, 2026
$865,000
Initial Listing
Sold
Jul 23, 2021
$760,000
Public Record
Sold
Aug 22, 2017
$550,000
Public Record
Sold
May 25, 2006
$567,000
Public Record