6034 Pepperwood, Lakewood, California 90712, Lakewood, 90712 - 3 bed, 2 bath

ACTIVE$950,000
6034 Pepperwood, Lakewood, California 90712
3Beds
2Baths
1,501Sqft
5,457Lot
Year Built
1944
Close
-
List price
$950K
Original List price
$985K
Price/Sqft
$633
HOA
-
Days on market
-
Sold On
-
MLS number
RS25225568
Home ConditionFair
Features
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(67th), sqft - 1501(54th), beds - 3(50th), baths - 2(50th).
Beautiful home in a prime area of Lakewood. Home is near Mayfair park, City hall, Lakwood Mall and close to ELC elementary, Stephen Foster and May fair High School. Very close to 91 and 605 Fwys.
Nearby schools
3/10
Captain Raymond Collins School
Public,•K-5•0.3mi
3/10
Craig Williams Elementary School
Public,•PK-6•0.5mi
7/10
Stephen Foster Elementary School
Public,•PK-6•0.8mi
5/10
Thomas Jefferson Elementary School
Public,•PK-6•1.4mi
6/10
Esther Lindstrom Elementary School
Public,•PK-6•1.8mi
6/10
Gompers K-8
Public,•K-8•1.4mi
7/10
Bancroft Middle School
Public,•6-8•1.9mi
4/10
Leona Jackson School
Public,•4-8•2.3mi
/10
Buena Vista High School
Public,•9-12•0.7mi
6/10
Mayfair High School
Public,•7-12•1.4mi
5/10
Lakewood High School
Public,•9-12•2.2mi
5/10
Paramount High School
Public,•9-12•2.6mi
Price History
Date
Event
Price
09/26/25
Price Change
$950,000
09/25/25
Listing
$985,000
Condition Rating
Fair
Built in 1944, this home is 80 years old. While the exterior appears well-maintained with some possible updates like windows, there is no information or imagery provided for the kitchen and bathrooms, which are critical for assessing condition. Given the age and the property analysis explicitly stating it 'may necessitate significant updates to systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern standards,' it's highly probable that these key areas, along with other major systems, are outdated and would require substantial renovation to meet current quality standards. The property is functional but shows clear signs of its age, aligning with the 'Fair' category.
Pros & Cons
Pros
Exceptional Location & Accessibility: Positioned in a prime Lakewood area, offering convenient access to Mayfair Park, City Hall, Lakewood Mall, and major freeways (91 & 605), enhancing lifestyle and commute.
Access to Highly-Rated Schools: The property benefits from proximity to several well-regarded schools, including Stephen Foster Elementary (Rating 7), Bancroft Middle School (Rating 7), and Mayfair High School (Rating 6), appealing to families.
Recent Price Adjustment: A recent price reduction from $985,000 to $950,000 indicates a potential for increased value for buyers and a motivated seller.
Functional Family Home: With 3 bedrooms, 2 bathrooms, and 1501 sqft on a 5457 sqft lot, it offers a practical and comfortable living space suitable for a family.
Established Neighborhood Setting: The property boasts a pleasant 'Neighborhood' view, situated within an established community, offering a sense of stability and community.
Cons
Property Age & Potential for Updates: Built in 1944, the home is 80 years old, which may necessitate significant updates to systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern standards.
Listed Above Estimated Market Value: The current list price of $950,000 is 8% higher than the estimated property value of $870,488, suggesting it may be overpriced relative to market expectations.
Mixed School Ratings in Immediate Vicinity: While some excellent schools are nearby, the presence of lower-rated elementary schools (e.g., Captain Raymond Collins, Craig Williams, both rated 3) in close proximity could be a consideration for some buyers.