Active Under Contract House MLS# OC26205304

5102 Levelside Avenue

Lakewood, CA 90712

$735,000

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About 5102 Levelside Avenue

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.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active Under Contract
Year built
1952
Stories
1
Living area
1,210 sqft
Price / sqft
$607
Lot
0.134
Full baths
1
Original price
$735,000
MLS #
OC26205304

Interior

Features
Unfurnished, All Bedrooms Down
Flooring
Carpet
Laundry
Inside

Exterior & lot

Features
Traditional, Rain Gutters, Parking spaces: 1
Roof
Other
Patio & porch
Covered
Fence
Block
View
Neighborhood
Parking
Garage, Garage Faces Side
Garage spaces
1

Schools

District
Long Beach Unified School District

Utilities

Utilities
Public, Electricity Available, Water Available, Standard
Water
Public

Financial

Parcel
7156005001
Special conditions
Trust

Location

Subdivision
Lakewood Mutuals (LKMU)
Area
24 - Lakewood Mutuals
County
Los Angeles
Neighborhood
Lakewood Mutual
Community
City Street, 0.0, Long Beach Unified
Directions
Between Hardwick Street and Candlewood Street

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Listed by Teri Diersing, Coastal Realty Advisors Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.