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Key Details
Sold Price $1,574,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Lakewood Village (Lkvl)
MLS Listing ID PW23060692
Sold Date 05/26/23
HOA Y/N No
Year Built 1943
Lot Size 7,313 Sqft
Property Description
Wonderful investment income property or live in the owner's unit and collect rent on 3 units. This 4 plex is located in Lakewood Village and has been recently updated and is ready for new owners. Freshly painted exterior, vinyl double-paned windows throughout, copper plumbing, newer W/D, newer electric panel and a new roof on Building A (2 bed plus garages) and tuned up roof on the other units, make this a maintenance free investment. There are three 1 bedroom units and a two bedroom and plenty of parking with three one-car garages, one two-car garage and plus lots of parking on the street. The two bedroom unit has laundry in the garage, a fireplace, brand new carpet, cooktop, hood, and dishwasher. The three single units share a laundry room that also generates income. The two bed and one of the single units will be delivered vacant. Ideally located near Heartwell Park, Lakewood Village shops and restaurants, LBX and LBCC, this is a wonderful opportunity for an investor owner or investor. The garages may be able to be converted to ADUs, buyer to verify with City planning.
Location
State CA
County Los Angeles
Area 29 - Lakewood Village
Zoning LBR34
Interior
Interior Features Ceiling Fan(s), Crown Molding, Laminate Counters, Storage, Tile Counters, Unfurnished
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile, Vinyl
Fireplaces Type Gas
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Vented Exhaust Fan, Water Heater
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Garage
Garage Spaces 5.0
Garage Description 5.0
Fence None
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 5
Private Pool No
Building
Lot Description Lawn
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7180033017
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Martha Avendano • Century 21 Allstars
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605