$1,010,070
●
House -
Off Market
5116 Faust Avenue
Lakewood, CA 90713
3 Beds
2 Baths
1,547 Ft²
$4,906
Est. Monthly
About This Property
Welcome to 5116 Faust Avenue in Lakewood-a charming 3-bedroom,
2-bathroom single-story home that offers a wonderful blend of
comfort, functionality, and thoughtful upgrades. The home features
a spacious primary bedroom with an en suite bathroom and French
doors that lead out to the backyard, creating a seamless
indoor-outdoor flow. Both bathrooms have been tastefully updated,
and the kitchen is equipped with shaker cabinets, granite
countertops, and plenty of storage space, making it as practical as
it is stylish. Just off the kitchen, you'll find washer and dryer
hookups along with convenient access to the backyard. Outside, the
grassy backyard provides a perfect space for relaxing or
entertaining, and the detached garage includes a built-in
workspace-ideal for projects, hobbies, or extra storage. Situated
in a desirable Lakewood neighborhood, this well-maintained home is
move-in ready and full of potential for its next owners.
Unit Size
1,547 Ft²
Days on Market
20 days
Land Size
0.11 acres
Price per sqft
$646
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #PW25151859)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Ignite RE Group | $999,000 | |
| Listed by Ignite RE Group | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Lakewood Park
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Listed by: Sarah Ireland, Ignite RE Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25151859
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25151859
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