
Lakewood, California 90712
This 3-bedroom, 2-bath residence in the Mayfair neighborhood is a High-Potential Investment Opportunity, listed at $795,000—positioned well below the $829,765 Fair Market Value by 4%. This valuation gap offers $34,765 in Instant Equity. With a Condition Rating of 4, the home features a private in-ground swimming pool and a functional layout, though it requires modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic renovations in an established Lakewood community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6032 Oliva Avenue Subject | $810,000* List Price | 3 | 2 | 1,188 | $712 | - |
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 5839 Hayter Sold | $785,000 | 3 | 1 | 1,202 | $653 | 0.3 mi |
E 6122 Bonfair Sold | $700,000 | 3 | 1 | 1,023 | $684 | 0.2 mi |
F 4415 Ashworth Sold | $819,000 | 3 | 1 | 1,021 | $802 | 0.3 mi |
G 5902 Blackthorne Sold | $787,000 | 3 | 1 | 1,042 | $755 | 0.3 mi |
H 6023 Pepperwood Sold | $860,000 | 3 | 1 | 1,125 | $764 | 0.1 mi |
I 6026 Oliva Pending | $835,000 List Price | 3 | 2 | 1,615 | $517 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the property shows signs of a renovation that is likely 20-30 years old, featuring dated tile countertops and older cabinetry. The listing description explicitly identifies it as an opportunity for buyers to 'personalize or update,' confirming it is functional but requires modernization to meet current standards.
The property features a private in-ground swimming pool in a spacious backyard, a premium amenity for the Lakewood area that significantly enhances outdoor living and entertainment potential.
Situated in the sought-after Mayfair neighborhood, the home offers an established residential setting with excellent proximity to local schools, parks, and major transportation corridors.
The 3-bedroom, 2-bathroom configuration provides a highly practical and accessible floor plan that appeals to a wide demographic, including growing families and those seeking single-level living.
The property is identified as an opportunity for personalization and updates, indicating that the interior finishes may be dated and require additional capital investment to meet modern standards.
Built in 1947, the home may require thorough inspections and potential upgrades to aging systems such as plumbing, electrical, or roofing to ensure long-term structural integrity.
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 | 1,379.5 |
| Lot Size | 5,167 | 5,205.5 |
| Price | $810.0K | $902.6K |
| Price per sq ft | $682 | $672 |
| Built year | 1947 | 1951 |
| HOA | $0 | $343 |
| Days on market | 26 | 43 |
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