NOT LISTED FOR SALE

Estimated Value: $1,488,000 - $1,912,000

2 Beds
1 Bath
868 Sq Ft
$2,067/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2024

Last sale price $725,000 $835 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $10,541 / mo

8 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Park
  • No HOA
  • Living Room
  • Central Heating and Cooling System

About This Home

As of October 2024

Exceptional turnkey income and lifestyle opportunity in the desirable Lakewood Mutuals neighborhood. This unique property features a fully remodeled single-family home plus two brand-new ADU apartment units, offering flexibility for investors, owner-occupants, or multi-generational living. The front residence offers approximately 1,218 square feet with 3 bedrooms and 2 bathrooms, completely renovated throughout and complemented by a 2-car garage. Located behind the main home are two newly constructed ADU units, each approximately 1,050 square feet with 3 bedrooms and 2 bathrooms. These units feature open floor plans, modern finishes, stainless steel appliances, tankless water heaters, central A/C and heat, and brand-new systems throughout. All three units have separate electric and gas meters and separate addresses, providing efficient utility management and long-term flexibility. Ideal for owner-occupants seeking to live in one unit while renting the others, as well as large or multi-generational families looking for privacy under one roof. For investors, the property offers projected gross rents of approximately $150,600 annually once fully leased. Centrally located near shopping, dining, schools, and major transportation corridors, this is a rare opportunity to acquire a modern, low-maintenance property in one of Lakewood’s most established residential neighborhoods.

Last Agent to Sell the Property

Cynthia Soto

Equity Smart Real Estate Services Brokerage Phone: 562-746-4383 License #01514698 Listed on: 09/26/2024

Last Buyer's Agent

Cynthia Soto

Equity Smart Real Estate Services Brokerage Phone: 562-746-4383 License #01514698 Listed on: 09/26/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 5,366 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LKR1*

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 266
  • Tax Tract Number 18101
  • Assessor Parcel Number 7152006013
  • $558 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Lakewood Mutuals Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

5,366 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lakewood Mutuals (LKMU)
  • View: No
  • Zoning: LKR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7152006013
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 868.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 835.25
  • Room Type: All Bedrooms Down, Entry, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5366.00
  • Lot Size Acres: 0.1232

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5366.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5714.00
  • Tax Lot: 266
  • Tax Tract Number: 18101
  • TaxOtherAnnualAssessmentAmount: 558.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 18, 2024
Sold by
Bought by
Seller's Agent
Cynthia Soto
Equity Smart Real Estate Services
Buyer's Agent
Cynthia Soto
Equity Smart Real Estate Services
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Views
49
Current Estimated Value
$1,794,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,328
Avg. Annual Appreciation
74.96%
Original Mortgage
$705,000
Outstanding Balance
$154,108
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,640,220
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $705,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/14/2026 04/14/26 Price Changed $1,899,999 -2.6% $573 / Sq Ft
01/31/2026 01/31/26 For Sale $1,950,000 +169.0% $588 / Sq Ft
10/22/2024 10/22/24 Sold $725,000 0.0% $835 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
10/04/2024 10/04/24 Off Market $725,000 -- --
09/26/2024 09/26/24 For Sale $699,000 -- $805 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,850 $725,000 $636,200 $88,800
2024 $4,594 $331,532 $257,989 $73,543
2023 $4,515 $325,032 $252,931 $72,101
2022 $4,248 $318,660 $247,972 $70,688
2021 $4,162 $312,412 $243,110 $69,302
2019 $4,099 $303,148 $235,900 $67,248
2018 $3,936 $297,205 $231,275 $65,930
2016 $3,627 $285,667 $222,296 $63,371
2015 $3,488 $281,377 $218,957 $62,420
2014 $3,466 $275,866 $214,668 $61,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24198067

California Regional Multiple Listing Service (CRMLS)

APN: 7152-006-013

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