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$1,149,999   Price Analysis
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4032 Elsa St
Lakewood, CA 90712
4 bed 3 bath 1,982 SqFt ($580/SqFt)
5,367SqFt lot. Built 1951
Listed 2024-06-19, Taxes $10,714
Ⓧ USDA Ineligible
due to price & location

near Lakewood

Discover this exceptional 2-story corner lot home in the desirable Lakewood Mutual neighborhood.

The sellers have approved city plans for an ADU and Jr. ADU, allowing you to live in its current charming condition or capitalize on the opportunity to create three units for substantial cash flow. Located close to Lakewood Country Club, this property offers the perfect blend of convenience and elegance. This home features two distinct units: the first unit consists of 3 bedrooms, currently occupied by a fantastic tenant, providing immediate rental income. The second unit is vacant and features 1 bedroom with a huge enclosed patio, offering versatility for new occupants or additional rental potentil. The exterior boasts low-maintenance artificial grass, ensuring year-round curb appeal without the hassle.

Enjoy energy efficiency with central heating and cooling, complemented by solar pane ls that reduce utility costs. Inside, original hardwood floors have been recently refinished, adding timeless charm to the vast layout. The home is filled with natural light from numerous windows, creating a warm and inviting atmosphere. Compared to neighboring houses, this property boasts a larger size, providing ample living space for your family. The kitchen has been recently remodeled, featuring modern appliances and fresh paint throughout. Additional conveniences include a 2-car parking garage, offering plenty of space for vehicles and storage. This property is ideal for both families and investors, combining classic charm with modern amenities and excellent investment potential. Dont miss this rare opportunityschedule your private tour today!


Presented by David Buth at
REMAX Proper.


Property MLS #PW24124770 from CRMLS

Bedrooms: 4
Bedrooms On Main Level: 2

Total Bathrooms: 3
Full Bathrooms: 3
Bathrooms On Main Level: 2
Bathroom 1 Features: Bathtub, Shower, Quartz Counters, Remodeled, Walk-in shower

Block Walls
Brick Walls
Flooring: Laminate
Window Features: Bay Window(s), Blinds, Screens

Kitchen Appliances: Dishwasher
Appliances YN: Yes
Laundry Features: Gas & Electric Dryer Hookup, Inside

Family Room, Game Room, Kitchen, Laundry, Living Room, Office

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Central
Heating: Yes

Kitchen Features: Granite Counters

Fencing: Fence YN: Yes, Fencing: Brick
Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Covered, Patio Open, Porch
Road Frontage Type: City Street

Lot Description: 0-1 Unit/Acre, Front Yard
Lot Size Acres: 0.1232094
Lot Size Source: Assessor
Lot Size Square Feet: 5367

Garage Spaces: 2
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Attached Carport, Driveway - Combination, Garage
Parking Total: 2

View: City Lights

School District: Long Beach Unified

Hoover Middle School is a public middle school located approximately 0.5 miles away.
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Riley Elementary School is a public elementary school located approximately 0.5 miles away.
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Lakewood High School is a public high school located approximately 1.3 miles away.
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Bethany Lutheran School is a private elementary and middle school located approximately 0.6 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Golf, Park, Sidewalks

Source Listing Status: Active
County: Los Angeles
Directions: Lakewood & Del Amo
Source Property Type: Residential
Area: 24 - Lakewood Mutuals
Source Neighborhood: Lakewood Mutuals (LKMU)
Parcel Number: 7154031011
Postal Code Plus 4: 3854
Subdivision: Lakewood Mutuals (LKMU)
Zoning: LKR1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$170,000 + $680,000
$850,000
$10,714
2021$188,937 + $505,180
$694,117
$8,848
2020$169,597 + $202,030
$371,627
$4,952
2019$166,272 + $198,069
$364,341
$4,895
2018$163,012 + $194,186
$357,198
$4,724
2017$159,816 + $190,379
$350,195
$4,669
2016$156,683 + $186,647
$343,330
$4,341
2015$154,330 + $183,844
$338,174
$4,174
2014$145,428 + $180,243
$325,671
$4,079
2013$144,771 + $179,429
$324,200
$3,955
2012$141,933 + $175,911
$317,844
$4,011
2010$139,150 + $172,462
$311,612
$3,800
2009$138,440 + $171,581
$310,021
$3,780
2009$138,111 + $171,174
$309,285
$3,780
2008$135,726 + $168,217
$303,943
$3,526
2007$133,065 + $164,919
$297,984
$3,429

Price Changed 2024-07-25
$1,149,999
CRMLS
Listed 2024-06-19
$1,188,888
CRMLS
Sold 2023-08-15
$940,000
CRMLS
Price Changed 2023-07-03
$969,000
CRMLS
Price Changed 2023-06-08
$975,000
CRMLS
Price Changed 2023-04-18
$964,999
CRMLS
Price Changed 2023-04-05
$965,000
CRMLS
Price Changed 2023-03-29
$969,000
CRMLS
Listed 2023-03-25
$980,000
CRMLS
Sold 2021-07-14
$850,000
TheMLSCLAW

Total Square Feet Living: 1982
Year Built: 1951
Common Walls: No Common Walls
Construction Materials: Block, Brick
Entry Level: 1
Entry Location: Front Door
Living Area Source: Assessor
Property Age: 73
Property Condition: Turnkey
Roof: Spanish Tile
Levels or Stories: One, Two
Building Total Stories: 1
Structure Type: House
House Style: Mediterranean
Year Built Source: Assessor

Electric: Standard
Sewer: Public Sewer
Electricity Available
Natural Gas Available
Natural Gas Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.