7020 Schroll Street, Lakewood, California 90713, Lakewood, 90713 - 5 bed, 4 bath
7020 Schroll Street
Lakewood, California 90713
Property Price
SUMMARY
Analysis of 7020 Schroll Street, Lakewood, California 90713 reveals a property with a current list price of $1,548,000, which is 13% above the estimated $1,367,425 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lakewood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7020 Schroll Street Subject | $1,548,000* List Price | 5 | 4 | 2,059 | $664 | - |
A 4489 Paula Ave Sold | $1,255,000 | 5 | 4 | 2,175 | $577 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This triplex was built in 2023, with the front house fully renovated with high-end finishes and two units newly constructed. The images confirm a pristine, modern aesthetic throughout, featuring new kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and contemporary black fixtures. Bathrooms are equally new with modern vanities, subway tile, and glass shower enclosures. All units boast new wood-look laminate flooring, fresh paint, recessed lighting, and modern ceiling fans. The property is essentially brand new or extensively renovated to current quality standards, showing no signs of wear or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
This triplex configuration, featuring a 3-bedroom, 2-bathroom front house, a 1-bedroom, 1-bathroom unit, and a studio unit, offers significant rental income opportunities and a high-yield investment.
- Modern & Turnkey Condition
The property boasts a fully renovated front house with high-end finishes and two newly constructed units (Year Built 2023), ensuring modern aesthetics and minimal immediate maintenance for new owners.
- Vacant Possession Flexibility
The main house and studio unit will be delivered vacant, providing immediate occupancy for an owner-user or allowing the new owner to select tenants and establish market-rate rents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2059, other record living area = 1715. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Lack of Specific Views
The property does not offer any notable views, which might be a consideration for buyers prioritizing scenic outlooks.
- Modest Lot Size for Multi-Unit
While adequate, the 4,954 sqft lot size for a triplex may limit extensive private outdoor space for each unit or future expansion possibilities.
About 7020 Schroll Street
Introducing 7020 Schroll Street, Lakewood, CA - a captivating triplex nestled in prime Carson Park, offering an unparalleled blend of modern living and investment upside. Situated on a large 4,954 sqft lot, this unique property features a vacant, fully renovated front house with 3 bedrooms and 2 bathrooms, boasting high-end finishes and contemporary design, alongside two newly constructed units: occupied 1-bedroom/ 1-bath and a vacant Studio Unit - each designed to optimize space and enhance functionality. The front house and studio units will be delivered vacant and ready to move in your family, friends, or tenants. Its prime location near El Dorado Park places residents in the heart of a vibrant community, close to lush green spaces, recreational activities, and essential amenities. 7020 Schroll Street is a compelling opportunity to acquire a high-yield asset in a sought-after neighborhood. This property stands as an ideal choice for those seeking a family home with added rental income, or a solid investment in Lakewood, CA.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 4,954 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 4.0 | 2.0 | 96% |
| Square foot | 2,059 | 1,418 | 90% |
| Lot Size | 4,954 | 5,377.5 | 1% |
| Price | $1.55M | $910.0K | 99% |
| Price per sq ft | $752 | $659 | 75% |
| Built year | 2023 | 1951 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 151 | 7% |
Pricing History
Listed for Sale
Jan 20, 2026
$1,548,000
Initial Listing
Sold
Oct 4, 2021
$725,000
Public Record