Under ContractSingleFamilyResidence

7080 Schroll Street

Lakewood, CA, 90713

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$1,050,498

MLS: RS26046983

Beds

3

Baths

2

Sq Ft

1,558

Lot

0.13 ac

Year Built

1953

MLS #

RS26046983

Days on Market

32

Listed

Mar 6, 2026

Description

Welcome to 7080 Schroll Street, a delightful residence nestled in one of Lakewood’s most sought-after neighborhoods. This is not just a house; it’s the "lifestyle upgrade" you’ve been looking for! Unlike many homes in the area that retain their original 1950s layouts, this property has been modernized for contemporary living. The open-concept floor plan is anchored by a chef’s kitchen featuring quartz countertops, newer cabinetry, and stainless steel appliances. This modern flow connects the living areas directly to the backyard, which is a rare find in this vintage of Lakewood homes. Income Potential (Mother-In-Law Suite)!! One of the most unique and valuable assets of this specific property is the mother-in-law unit with full ensuite bathroom completely detached from the primary home. This provides incredible flexibility—it can serve as a private guest house, a home office, or a potential source of rental income to help offset a mortgage. Private Backyard & Pool! In a neighborhood where many backyards are simple grass lots, 7080 Schroll features a private heated in-ground pool. With the den sliding doors opening directly to the pool area, the home is purpose-built for the California "indoor-outdoor" lifestyle. Prime Location: You are minutes away from the best top-rated Long Beach district schools, lush parks, and the premier shopping and dining at Lakewood Center.

Location

Lakewood, Los Angeles County, CA 90713

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Listed by: Cheree Brown · Real Estate eBroker Inc

Payment estimate

$7,597

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $105,050 · Loan: $945,448

%
Principal & Interest
$5,809
Property tax (1.25%)
$1,094
Homeowners insurance
$300
Mortgage insurance
$394
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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 $36,767 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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