2724 Fairman
Lakewood, CA, 90712
$850,000
MLS: DW26060222
Beds
3
Baths
2
Sq Ft
1,318
Lot
0.12 ac
Year Built
1952
MLS #
DW26060222
Days on Market
14
Listed
Mar 19, 2026
Description
Investors dream!!! This beautiful updated single family Lakewood home has everything you could ever want. Walk up the stairs and enter to your kitchen with breakfast nook. 3 nice size bedrooms and 2 fully updated bathrooms, living room and and drop down den. Large yard with fruit trees and guest home with bathroom and kitchen. This home has various projects that need completion with the city of Lakewood. Buyer to do all their investigations and get all proper information from the city. Home is to be sold as is. This one wont last!
Location
Lakewood, Los Angeles County, CA 90712
Open on Google Maps ↗Listed by: Joanna Torrico · 24 Hour Real Estate
Payment estimate
$6,204
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
- Principal & Interest
- $4,700
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Lakewood home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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