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6049 Pennswood Avenue, Lakewood, California 90712, Lakewood, 90712 - 3 bed, 2 bath

6049 Pennswood Avenue, Lakewood, California 90712 home-pic-0
ACTIVE$799,000
6049 Pennswood Avenue, Lakewood, California 90712
3Beds
2Baths
1,529Sqft
5,461Lot
Year Built
1945
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$523
HOA
-
Days on market
-
Sold On
-
MLS number
CV25144834
Home ConditionPoor
Features
Spa
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $799.0K(17th), sqft - 1529(56th), beds - 3(50th), baths - 2(50th).

ACCESS TO VIEW THE PROPERTY !!! Dream home! Perfect, perfect, perfect...Single-family residence in the City of Lakewood with 3 bedrooms, 2 bathrooms, and a detached oversized two-car garage. The home features an open living and dining layout, a family room, and a laundry room. Situated on a 5,461 sq ft lot bordering the cities of Artesia, Cerritos, and Bellflower. Property will be delivered vacant at close of escrow. Buyer to independently verify all square footage, bed/bath count, lot size, permits, and other information related to the property. Home is being sold in as-is condition. There is subdivide and added another unit as an ADU in the rear of the home. This great price includes a nice floor plan and spacious living room with an additional family room.

Nearby schools

3/10
Craig Williams Elementary School
Public,•PK-6•0.2mi
3/10
Captain Raymond Collins School
Public,•K-5•0.6mi
7/10
Stephen Foster Elementary School
Public,•PK-6•0.6mi
5/10
Thomas Jefferson Elementary School
Public,•PK-6•1.1mi
6/10
Esther Lindstrom Elementary School
Public,•PK-6•1.5mi
6/10
Gompers K-8
Public,•K-8•1.2mi
7/10
Bancroft Middle School
Public,•6-8•1.8mi
4/10
Leona Jackson School
Public,•4-8•2.5mi
/10
Buena Vista High School
Public,•9-12•0.9mi
6/10
Mayfair High School
Public,•7-12•1.1mi
5/10
Lakewood High School
Public,•9-12•2.1mi
5/10
Paramount High School
Public,•9-12•2.7mi

Price History

Date
Event
Price
08/03/25
$799,000-11.1%
08/02/25
$899,000
06/27/25
$799,000
10/15/99
Sold
$219,500
Condition Rating
Poor
Built in 1945, this property requires substantial repairs and rehabilitation. The kitchen features extremely outdated cabinets, worn laminate countertops, and old white appliances, necessitating a full renovation. Bathrooms are equally dated with old fixtures, worn surfaces, and appear to be in poor condition. Flooring throughout includes worn hardwood, heavily stained carpet, and old linoleum, all requiring replacement or significant refinishing. The absence of central heating/cooling, indicated by visible wall units, is a major system deficiency. The overall aesthetic is very dated, suggesting renovations (if any) occurred 30-50+ years ago, making the home uncomfortable and in need of significant investment to meet modern standards. The 'as-is' sale further supports the need for extensive work.
Pros & Cons

Pros

ADU Potential: The property offers significant value-add potential with the ability to subdivide and add an Accessory Dwelling Unit (ADU) in the rear, ideal for rental income or multi-generational living.
Functional Layout & Space: Features an open living and dining layout, a dedicated family room, and a laundry room, providing practical and desirable living spaces.
Detached Oversized Garage: Includes a detached oversized two-car garage, offering ample parking, storage, or future conversion possibilities.
Strategic Location: Situated on a generous 5,461 sq ft lot bordering the desirable cities of Artesia, Cerritos, and Bellflower, enhancing its appeal and accessibility.
Vacant Delivery: The property will be delivered vacant at close of escrow, ensuring a smooth and immediate transition for the new owner without tenant-related complications.

Cons

As-Is Sale Condition: Being sold in 'as-is' condition, which suggests potential for necessary repairs, updates, or deferred maintenance that the buyer will need to address.
Age of Property: Built in 1945, the home is older, which may imply outdated systems, finishes, or a higher likelihood of requiring maintenance and modernization.
Buyer Verification Clause: The listing explicitly states that the buyer must independently verify all property information, including square footage, bed/bath count, lot size, and permits, placing the onus on the buyer for due diligence.

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