$735,000
MLS: OC26205304
Beds
3
Baths
1
Sq Ft
1,210
Lot
0.13 ac
Year Built
1952
MLS #
OC26205304
Days on Market
16
Listed
Sep 21, 2026
Description
LAKEWOOD MUTUALS TRUST SALE – MAJOR FIXER / RENOVATION OR NEW CONSTRUCTION OPPORTUNITY! Exceptional opportunity for investors, builders, contractors, or buyers seeking a value add substantial renovation or potential new construction project. Situated on an approximately 5,836 sq. ft. corner lot, this 1952 property features an existing 3-bedroom, 1-bathroom residence of approximately 1,210 sq. ft., a detached garage, and a spacious yard. Conveniently located near shopping, dining, transportation, and major freeways. PROPERTY IS IN SIGNIFICANTLY DETERIORATED CONDITION AND REQUIRES EXTENSIVE REPAIRS, RENOVATION, AND REHABILITATION THROUGHOUT. The residence has substantial deferred maintenance and may not be habitable in its current condition. This is not a cosmetic fixer. Buyers should anticipate a major renovation or consider the potential for demolition and new construction, subject to independent verification of zoning, permitting, and applicable governmental requirements. TRUST SALE – PROPERTY SOLD STRICTLY AS IS, WHERE IS, WITH ALL FAULTS. Seller will not make repairs or provide repair credits or concessions in lieu of repairs. Seller will not perform termite work, trash removal, or government-required retrofits, if applicable, subject to the terms of the purchase agreement and applicable law. The insurance company has identified the need for roof repair. Regular homeowner’s insurance coverage may be difficult to obtain in the property’s present condition. Additional deficiencies, nonconforming conditions, and code-related issues may exist. Buyer is strongly encouraged to conduct thorough independent investigations regarding the property’s physical and structural condition, habitability, roof, foundation, systems, permits, square footage, lot size, zoning, school district, insurability, demolition feasibility, new construction potential, and all applicable governmental requirements. No representation or guarantee is made regarding the feasibility of renovation, demolition, or new construction. VALUE IS IN THE OPPORTUNITY TO RENOVATE, REIMAGINE, OR REBUILD. PROPERTY PRICED TO REFLECT ITS CURRENT CONDITION AND POTENTIAL.
Location
Lakewood, Los Angeles County, CA 90712
Open on Google Maps ↗Listed by: Teri Diersing · Coastal Realty Advisors Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,921
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $73,500 · Loan: $661,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,580
- Property tax (1.25%)
- $766
- Homeowners insurance
- $300
- Mortgage insurance
- $276
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $25,725 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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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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