5960 Pepperwood Avenue
Lakewood, CA, 90712
$875,000
MLS: OC26036106
Beds
3
Baths
1
Sq Ft
1,008
Lot
0.13 ac
Year Built
1944
MLS #
OC26036106
Days on Market
36
Listed
Mar 13, 2026
Description
Turnkey corner lot home with ADU potential in Lakewood’s highly sought after Mayfair neighborhood. This move in ready home has been beautifully maintained and reflects clear pride of ownership throughout. Recent improvements include a newer roof, updated AC and heating system, and a whole house water filtration system for everyday comfort. The interior features a remodeled kitchen and bathroom, crown molding, recessed LED lighting, and fresh interior and exterior paint that give the home a clean, modern feel. The electrical system has been upgraded with a 200 amp panel and garage subpanel, and both the stove and dryer have been converted to electric. Situated on a spacious corner lot, the property offers added privacy, flexibility, and potential RV parking. The backyard features a peaceful tree lined setting that provides natural shade and a relaxing outdoor space ideal for entertaining, gardening, or enjoying quiet time outside. The property also presents a rare opportunity to add a Jr ADU with its own separate entrance (buyer to verify), offering excellent potential for extended family, guests, or future rental income. A well cared for home that combines comfort, practical upgrades, and future potential in one of Lakewood’s most desirable neighborhoods.
Location
Lakewood, Los Angeles County, CA 90712
Open on Google Maps ↗Listed by: Wilson Ho · Redfin
Payment estimate
$6,378
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $87,500 · Loan: $787,500
- Principal & Interest
- $4,839
- Property tax (1.25%)
- $911
- Homeowners insurance
- $300
- Mortgage insurance
- $328
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 $30,625 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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