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7020 Schroll St, Lakewood, CA 90713
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7020 Schroll St Lakewood, CA 90713

$1,450,000
  • 4 Beds
  • 4 Baths
  • 2,059 Sq.Ft.
For Sale
$1,450,000 Get Pre-Qualified
Map preview of 7020 Schroll St, Lakewood, CA 90713

Property Overview: 7020 Schroll St Lakewood, CA has 4 bedrooms, 4 bathrooms, 2,059 living square feet and 4,954 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Introducing 7020 Schroll Street, Lakewood, CA - a captivating triplex nestled in prime Carson Park, offering an unparalleled blend of modern living and investment upside. This unique property features a fully renovated front house with 3 bedrooms and 2 bathrooms, boasting high-end finishes and contemporary design, alongside two newly constructed Accessory Dwelling Units (ADUs) - 1-bedroom and a studio unit - each designed to optimize space and enhance functionality. Situated on a 4,954 sqft lot, this triplex is fully leased, providing immediate income from day one. Its prime location near El Dorado Park places residents in the heart of a vibrant community, close to lush green spaces, recreational activities, and essential amenities. 7020 Schroll Street offers investors a compelling opportunity to acquire a high-yield asset in a sought-after neighborhood, combining the peace of a residential area with the convenience of urban living. This property stands as an ideal choice for those seeking a family home with added rental income, or a solid investment in Lakewood, CA.

Listed by Cory Bergamini | BRE #02143616 | COAR Property Management, Inc.
Last checked: 7 minutes ago | Last updated: March 21st, 2024 | Source CRMLS | DOM: 36
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Home details

Lot Sq. Ft
4,954
HOA Dues
$0/mo
Year built
2023
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24368513
City
Lakewood
County
Los Angeles
Time on Site
42 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,795
  • Total Rent: $3,795
  • Pro Forma/Market Rent: $3,895
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,095
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: 14.81
  • Gross Scheduled Income: --
  • Net Operating Income: $63,286
  • Gross Operating Income: $97,896
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 7020 Schroll St

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Property Details for 7020 Schroll St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 7063022004
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of E Carson Street and East of Los Coyotes Diagonal
View more facts & features

Local Lakewood Agent

Sale History for 7020 Schroll St

Last sold for $725,000 on October 4th, 2021

  • March, 2024

  • Mar 13, 2024

    Date

    Active

    CRMLS: 24368513

    $1,450,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23323913

    $3,895

    Price

  • Oct 20, 2023

    Date

    Active

    CRMLS: 23323913

    $3,895

    Price

  • Listing provided courtesy of CRMLS

    NEWLY RENOVATED! Spacious 3-bedroom, 2-bathroom front house offers a large floorplan with plenty of room for you to make it your own. Features large closets, perfect for all your storage needs. Designer kitchen is a chef's dream, with modern appliances and ample counter space. Located in a prime Lakewood location, you'll have easy access to all the amenities the area has to offer. Close proximity to Cal State Long Beach, El Dorado Park, nature trails, and local golf courses. This clean unit has been completely remodeled - not lived in since the renovation.

  • November, 2023

  • Nov 30, 2023

    Date

    Canceled

    CRMLS: RS23181279

    $1,400,000

    Price

  • Sep 30, 2023

    Date

    Active

    CRMLS: RS23181279

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled and newly built units on a quiet tree lined street in the city of Lakewood. This 4 bedroom 4 bath property has been meticulously transformed into the perfect environment for your entire extended family or multiple people to occupy. The front house features 1292 sq ft which provides the right balance between luxury and contemporary living from the open concept Kitchen and eating area to family room. From top to bottom this home has been extensively remodeled with high-end finishes throughout including beautiful fixtures to complement each space. The kitchen offers a clean and chic ambiance with shaker-style cabinets, stainless appliances, carrera quartz countertops, and clean white subway tile backsplash. The newly renovated bathrooms feature all new tile, vanities, fixtures, and high-end trim. In addition, the home features new doors and flooring. Huge Laundry Room Newly built 1 bedroom 1 bath 404 sq ft with similar amenities and finishes currently rented for $2095 per month. Newly built Studio with bath 363 sq ft with similar amenities and finishes currently rented for $1850 per month.

  • September, 2023

  • Sep 20, 2023

    Date

    Canceled

    CRMLS: RS23102062

    $1,400,000

    Price

  • Jun 16, 2023

    Date

    Active

    CRMLS: RS23102062

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    Coming Soon something very new to most. Incredible home with ADU and SB9 unit. Units are brand new with many upgrades ideal for additional income or to house your extended family. Sits in a very quiet neighborhood. Come and see this truly amazing and unique property, it won't last.

  • September, 2021

  • Sep 17, 2021

    Date

    Pending

    CRMLS: PW21198687

    $699,500

    Price

  • Sep 9, 2021

    Date

    Active

    CRMLS: PW21198687

    $699,500

    Price

  • Listing provided courtesy of CRMLS

    Incredible potential with this spacious 3 bedroom, 1.5 bath Carson Park home on a beautiful tree lined street. Features include: a massive living room with fireplace, formal dining and spacious family room with large storage closet and half bath, entry way with large coat closet, large dining opens to kitchen, lots of cabinetry, granite counter tops, deep stainless steel sink, newer stainless steel dishwasher and Frigidaire refrigerator, double ovens, electric cook top, built-in microwave, laundry room off kitchen leads to backyard and driveway. Three good size bedrooms and a full hall bathroom. Sliders open to the backyard and long driveway. Some newer dual paned vinyl windows and a 200 AMP electric service. So much opportunity and potential in terrific location close to Heartwell Park, shopping, restaurants and schools.

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Tax History for 7020 Schroll St

Assessed Value (2020): $212,514
Year Land Value Improved Value Assessed Value
2020 $127,518 $84,996 $212,514

Home Value Compared to the Market

This property vs the competition

7020 Schroll St is listed 70.59% higher than the median list price for the city of Lakewood which has a median list price of $849,999. The median price per/sqft for Lakewood is $639 and this home is listed at $704.23 per/sqft which puts the price per square foot 10.21% higher than the median price per square foot for the city of Lakewood.

About 7020 Schroll St

Detailed summary of property

7020 Schroll St is a multi family located in Lakewood, CA 90713 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,059 living square feet, and sits on an approximately 4,954 square foot lot. 7020 Schroll St was first listed on ArdentRealEstateGroup.com on March 15, 2024. The homeowner is currently asking $1,450,000. The median priced home in Lakewood is $849,999 with a median price per square foot of $639. Based on Ardent Real Estate Group's Lakewood Market Data, this home is listed 70.59% higher than the median priced home. Local competing homes currently for sale include 11972 Walnut St, 244 Venetia and 1825 Cherry Ave. While the average home in Lakewood, CA is selling in 32 days, 7020 Schroll St has a days on market of 36 days. There are currently 91 homes for sale in the Lakewood real estate market and 85 of them are single family homes while 3 of them are condos and 3 are townhomes. For more information on this home for sale at 7020 Schroll St Lakewood, CA 90713 contact Ardent Real Estate Group and we will put you in touch with one of our Lakewood agents.

Public Facts for 7020 Schroll St

Public county record property details
Beds
3
Baths
2
Year built
1953
Sq. Ft.
1,715
Lot Size
4,999
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
445
APN
7063-022-004

The source for these homes facts are from public records.

90713 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$641
Median Sold Price
$880,000
Median Sold Price/Sq.Ft.
$652
Total Inventory
28
Median Sale to List Price %
101.27%
Avg Days on Market
15
Loan Type
Conventional (40%), FHA (13.33%), VA (6.67%), Cash (13.33%), Other (26.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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