
Lakewood, California 90712
This 3-bedroom, 2-bath residence in the Mayfair area is a Strong Value Opportunity, listed at $850,000—positioned well below the $855,911 Fair Market Value by 0.69%. This valuation gap offers $5,911 in Instant Equity. Featuring a private in-ground swimming pool and a functional 1,188 sq ft layout, the home holds a Condition Rating of 4, indicating a need for cosmetic modernization. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through strategic updates in a well-established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6032 Oliva Avenue Subject | $850,000* List Price | 3 | 2 | 1,188 | $720 | - |
A 6142 Oliva Avenue Sold | $875,000 | 3 | 2 | 1,294 | $676 | 0.1 mi |
B 5913 Castana Sold | $839,900 | 3 | 1 | 1,151 | $730 | 0.2 mi |
C 5523 Lakewood Sold | $840,000 | 3 | 1 | 1,255 | $669 | 0.6 mi |
D 6026 Oliva Sold | $865,000 | 3 | 2 | 1,615 | $536 | 0.0 mi |
E 6122 Bonfair Sold | $700,000 | 3 | 1 | 1,023 | $684 | 0.2 mi |
F 5839 Hayter Sold | $785,000 | 3 | 1 | 1,202 | $653 | 0.3 mi |
G 4415 Ashworth Sold | $819,000 | 3 | 1 | 1,021 | $802 | 0.3 mi |
H 6023 Pepperwood Sold | $860,000 | 3 | 1 | 1,125 | $764 | 0.1 mi |
I 5944 Pennswood Pending | $875,000 List Price | 3 | 2 | 1,443 | $606 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the property features a kitchen and interior finishes that appear to be 20-25 years old (oak cabinetry, tile countertops, and checkered flooring). While functional and featuring some updates like stainless steel appliances and recessed lighting, the home is dated and shows signs of needed maintenance, such as visible ceiling patches and uneven wall textures.
The property features a private in-ground swimming pool, a highly sought-after amenity in Southern California that significantly enhances the backyard's entertainment value.
Situated in the established Mayfair area of Lakewood, the home is conveniently located near parks and is less than a quarter-mile from Captain Raymond Collins School.
The single-story floor plan offers a practical 3-bedroom, 2-bathroom configuration, providing a versatile and accessible living space for families or downsizers.
The property is noted as an opportunity for personalization and updating, suggesting that the interior may require additional capital investment to meet modern aesthetic standards.
The listing has seen two price increases despite being on the market for over 50 days, which may lead to appraisal challenges or buyer hesitation in a competitive market.
3-bedroom, 2-bath single-story home located in the desirable Mayfair area of Lakewood. Situated on a 5,167 sq ft lot, this property features a functional floor plan, detached garage, and a spacious backyard with a private in-ground swimming pool perfect for entertaining, summer gatherings, and enjoying Southern California living year-round. The home offers an opportunity for buyers looking to personalize or update to their own style. Conveniently located near schools, parks, shopping, dining, and major freeways in an established residential neighborhood. Buyer to verify all information including square footage, permits, bedroom and bath count, and property condition to their satisfaction.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-6 • 0.6 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 | 1,188 | 1,350.518 |
| Lot Size | 5,167 | 5,208.598 |
| Price | $850.0K | $904.0K |
| Price per sq ft | $715 | $669 |
| Built year | 1947 | 1952 |
| HOA | $0 | $404 |
| Days on market | 75 | 44 |
Aug 11, 2026
$850,000
$810,000
+5% Price Increase
Initial Listing
Jul 17, 2026
$810,000
$795,000
+2% Price Increase
Initial Listing
Jun 26, 2026
$795,000
Initial Listing
Apr 13, 2017
$560,000
Public Record
Jun 18, 2010
$385,000
Public Record
Jun 14, 2002
$275,000
Public Record
May 21, 1998
$179,000
Public Record