
Lakewood, California 90713
This Traditional Lakewood Value Buy is a strategic residential acquisition listed at $795,000—positioned well below the $804,330 Fair Market Value by 1%. This valuation gap provides $9,330 in Instant Equity for a home with a Condition Rating of 4. Featuring original hardwood floors and a private patio, the property’s expansive 5,151 square foot lot offers significant ADU potential. Located in the Long Beach Unified District near Macarthur Elementary, this is an ideal opportunity for first-time buyers or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6137 Greenmeadow Subject | $795,000* List Price | 3 | 1 | 1,092 | $737 | - |
A 5913 Elkport Sold | $920,000 | 3 | 2 | 1,122 | $820 | 0.4 mi |
B 6119 Seaborn Sold | $810,000 | 3 | 1 | 1,122 | $722 | 0.5 mi |
C 4760 Albury Avenue Sold | $860,000 | 3 | 1 | 1,076 | $799 | 0.9 mi |
D 4527 Woodruff Sold | $930,000 | 3 | 2 | 1,226 | $759 | 0.6 mi |
E 7050 Schroll Sold | $895,000 | 3 | 2 | 1,167 | $767 | 0.9 mi |
F 5943 Greentop St. Sold | $819,000 | 3 | 1 | 1,122 | $730 | 0.3 mi |
G 4523 Knoxville Pending | $750,000 List Price | 2 | 1 | 1,126 | $666 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1950s home is well-maintained but largely reflects its original era with some partial updates. While the kitchen features newer white shaker-style cabinetry and a stainless steel microwave, the black range and countertops are dated. The interior retains original hardwood flooring and older systems like wall heaters. With only one bathroom and a compact layout, the property is functional and move-in ready but shows signs of age and lacks the comprehensive modern renovation required for a higher score.
Situated in the highly desirable Lakewood Park area, the home is just moments from Heartwell Golf Course and Park, offering excellent recreational access and a quintessential suburban lifestyle.
The generous 5,151 square foot lot provides a large backyard with ample space for outdoor entertaining or the potential to add an Accessory Dwelling Unit (ADU), significantly increasing the property's long-term value.
Featuring original hardwood flooring and an open-concept layout, the home combines classic 1950s charm with a modern flow that maximizes natural light throughout the living spaces.
With three bedrooms but only one bathroom, the property may present a functional challenge for larger households or buyers seeking modern convenience, likely requiring future investment for an additional bath.
At 1,092 square feet, the interior living space is relatively modest for a three-bedroom residence, which may limit furniture configurations and storage options for growing families.
Welcome to 6137 Greenmeadow Rd, a delightful 3-bedroom home nestled in the highly sought-after Lakewood Park neighborhood. Thoughtfully designed, this 1,092 square foot home sits on an expansive 5,000+ square foot lot and features an open floor-plan that flows effortlessly from the living room to the dining area and kitchen, creating an ideal setting for both everyday living and elegant entertaining. Original hardwood flooring lends timeless character and warmth throughout, while large windows bathe the interior in abundant natural light. One of the property’s most compelling attributes is its generous backyard, offering ample space for outdoor dining, gardening, entertaining, or the potential addition of an ADU or future expansion. Perfectly positioned just moments from Heartwell Golf Course and Heartwell Park, and close to shopping, dining, and everyday conveniences, this home embodies comfortable suburban living in one of Lakewood’s most established and enduring neighborhoods. It presents a wonderful opportunity for first-time buyers and anyone seeking to enjoy the quintessential Lakewood Park lifestyle, complete with a large yard and a versatile interior layout.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-6 • 2.0 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 1,092 | 1,441 | 19% |
| Lot Size | 5,151 | 5,333 | 31% |
| Price | $795.0K | $910.0K | 11% |
| Price per sq ft | $728 | $657 | 66% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 153 | 1% |
Mar 20, 2026
$795,000
Initial Listing