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5503 Hersholt Ave, Lakewood, CA 90712

Sale Price: $655,000
May 9, 2025889 sqft2 beds1 baths
Listed by: Beatrix Whipple
License #: 01355505
Phone #: 562-972-4336
Keller Williams Pacific Estate
Source:
CRMLS Logo
MLS #: PW25104051

Property Description

Located in a desirable Lakewood neighborhood, 5503 Hersholt Ave presents a unique opportunity for investors or cash buyers. This distressed property is being sold as-is and is currently occupied by a tenant residing without a lease agreement; buyer will be responsible for assuming the occupancy post-closing.The home requires significant repairs and cleanup but offers strong potential with a spacious layout, vintage kitchen cabinetry, hardwood and carpeted flooring, and a large backyard with mature landscaping and a charming footbridge. Ideal for experienced buyers looking to renovate or redevelop in a high-demand area. Drive-by only – do not disturb the occupant.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,674

TurboHome Estimated Value

$705,300

$793 sqft

High Valuation
$740,565
$833/sqft
Normal Valuation
$705,300
$793/sqft
Low Valuation
$670,035
$754/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$793/sqft$705,300

Neighborhood

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Comparative Value

$653K

$699K

$830K

$875K

5322 Pearce Ave, Lakewood, CA 90712

Sale Price: $653,000

Selected Comparable

5503 Hersholt Ave, Lakewood, CA 90712

Sale Price: $655,000

Selected Comparable

5503 Hersholt Ave, Lakewood, CA 90712

List Price: $699,000

Subject Property

5403 Montair Ave, Lakewood, CA 90712

Sale Price: $700,000

Selected Comparable

5427 Lorelei Ave, Lakewood, CA 90712

Sale Price: $830,000

Selected Comparable

5522 Briercrest Ave, Lakewood, CA 90713

Sale Price: $875,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5503 Hersholt Ave, Lakewood, CA 90712

5503 Hersholt Ave, Lakewood, CA 90712

List: $699,000

Listed: 5/9/2025

Area:889 sqft
Price/sqft:$786
Beds:2
Baths:1
Year Built:
Lot Size:6,340

Comparable Properties

COMPARABLE
Choose comps
5503 Hersholt Ave, Lakewood, CA 90712

5503 Hersholt Ave, Lakewood, CA 90712

Sale: $655,000

6/10/20250.00 mi

Area:889 sqft
Price/sqft:$737
Beds:2
Baths:1
Year Built:
Weight:24.6%
5403 Montair Ave, Lakewood, CA 90712

5403 Montair Ave, Lakewood, CA 90712

Sale: $700,000

7/14/20250.14 mi

Area:810 sqft
Price/sqft:$864
Beds:2
Baths:1
Year Built:
Weight:23.2%
5322 Pearce Ave, Lakewood, CA 90712

5322 Pearce Ave, Lakewood, CA 90712

Sale: $653,000

5/30/20250.15 mi

Area:1,026 sqft
Price/sqft:$636
Beds:3
Baths:1
Year Built:
Weight:17.9%
5522 Briercrest Ave, Lakewood, CA 90713

5522 Briercrest Ave, Lakewood, CA 90713

Sale: $875,000

7/18/20250.32 mi

Area:1,066 sqft
Price/sqft:$821
Beds:3
Baths:1
Year Built:
Weight:17.4%
5427 Lorelei Ave, Lakewood, CA 90712

5427 Lorelei Ave, Lakewood, CA 90712

Sale: $830,000

1/30/20250.07 mi

Area:1,026 sqft
Price/sqft:$809
Beds:3
Baths:1
Year Built:
Weight:16.8%

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