About this home

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.

Facts and features

Schools

• Holmes Elementary School

  elementary · K-5 · 0.3 mi

  9

• Hoover Middle School

  middle · 6-8 · 0.7 mi

  4

• Lakewood High School

  high · 9-12 · 2.0 mi

  5

• St. Pancratius Parish School

  elementary · 0.6 mi

• Riley Elementary School

  elementary · K-5 · 0.4 mi

  8

• Madison Elementary School

  elementary · K-5 · 0.8 mi

  8

Price history

• Oct 30, 2026 · Price Changed$750,000
• Sep 21, 2026 · Listed$735,000

Tax history

• 2025$1,622 tax · $81,444 assessed
• 2024$1,483 tax · $79,849 assessed
• 2023$1,459 tax · $76,750 assessed
• 2022$1,386 tax · $75,246 assessed
• 2021$1,353 tax · $73,772 assessed
• 2020$1,347 tax · $73,017 assessed
• 2019$1,333 tax · $71,587 assessed
• 2018$1,234 tax · $70,185 assessed

Home value

$735,400

• Cotality$735,400
• Quantarium$763,514
• Collateral Analytics$728,000

Where it is