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7020 Schroll Street, Lakewood, California 90713, Lakewood, 90713 - 5 bed, 4 bath

7020 Schroll Street, Lakewood, California 90713 home-pic-0
ACTIVE$1,554,000
7020 Schroll Street, Lakewood, California 90713
5Beds
4Baths
2,059Sqft
4,954Lot
Year Built
2023
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$755
HOA
-
Days on market
-
Sold On
-
MLS number
25596597
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.55M(99th), sqft - 2059(91th), beds - 5(94th), baths - 4(96th).

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 units: 1-bedroom/ 1-bath and a Studio Unit - each designed to optimize space and enhance functionality. Situated on a 4,954 sqft lot, this triplex has two current tenants occupying the 1-Bed and Studio units, 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 is 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.

Price History

Date
Event
Price
12/05/25
Listing
$1,554,000
10/04/21
Sold
$725,000
Condition Rating
Excellent
This triplex features newly constructed units from 2023 and a fully renovated front house, all boasting high-end finishes and contemporary design. The kitchens are equipped with new stainless steel appliances, white shaker cabinets, quartz countertops, and modern fixtures. Bathrooms are equally updated with new vanities, black hardware, and clean tile work. All flooring, lighting, and overall aesthetics are brand new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Immediate Income Generation: The property is a triplex with two units already tenant-occupied, providing immediate rental income from day one.
Modern & New Construction: Features a fully renovated front house with high-end finishes and two newly constructed units (2023), ensuring modern amenities and reduced immediate maintenance.
Prime Location: Situated in 'prime Carson Park' near El Dorado Park, offering a desirable residential area with access to green spaces and community amenities.
Versatile Investment Opportunity: Appeals to both owner-occupants seeking supplemental income and pure investors looking for a high-yield asset in a sought-after neighborhood.
Optimized Design & Finishes: Units are designed to optimize space and functionality, complemented by high-end finishes throughout the renovated and new units.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2059, other record living area = 1715. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Relatively Small Lot Size: The 4,954 sqft lot for a triplex may offer limited outdoor space, potentially impacting tenant appeal or owner-occupant enjoyment.
Rapid Price Appreciation: The significant increase from a 2021 sale price of $725,000 to the current list price of $1,554,000 suggests a high entry point, warranting careful market value assessment despite renovations and new construction.
Lack of Specific View: The property explicitly states 'view: None,' which might be a minor drawback for buyers prioritizing scenic outlooks.

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