4332 Andy, Lakewood, CA 90712

$1,485,000

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List Agent Robert Stepp () 310-774-3740 Keller Williams Realty Downey; CoList ()

List Price
$1,485,000
Status
ACTIVE
MLS#
PW26160158
Year Built
1944
Lot Size
8,054
Lot Location
2-5 Units/Acre, Back Yard, Lawn
Days on Market
7
Property Type
Multifamily
Property Sub Type
Triplex
Neighborhood
Mayfair (Mayf)

Property Description

This turnkey triplex presents a rare opportunity to acquire a fully renovated, low- maintenance multifamily asset in the highly desirable Lakewood submarket. Comprised of three spacious two-bedroom/one-bath units, the property has undergone approximately $160,000 in recent capital improvements, including comprehensive plumbing upgrades, new drain lines, dual-pane windows, fully renovated interiors with new fixtures, appliances, and tub/shower surrounds, as well as fresh interior and exterior paint, new landscaping, and perimeter fencing. Designed for operational efficiency and tenant appeal, each residence features its own washer and dryer, while three garages provide valuable parking and offer potential for a future ADU conversion (buyer to verify). With strong in-place cash flow, and virtually no near-term capital requirements, the property offers an attractive combination of stable income, long-term appreciation potential, and additional upside through future development.

Additional Information

Pool Description
None
Heat
Central
Garage Spaces Total
3
Sewer
Sewer Tap Paid
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.