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Listed by Gene Hacker • Buyer's Choice Realty
$1,975,000
Est. payment /mo
9 Beds
6 Baths
3,451 SqFt
Active
4832 Downey Avenue Lakewood, CA 90712
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,451 sqft
Price per Sqft $572
Subdivision Lakewood Mutuals
MLS Listing ID RS-25012714
Bedrooms 9
Full Baths 6
Year Built 1952
Lot Size 7,209 Sqft
Property Sub-Type Triplex
Property Description
Introducing 4832 Downey Avenue, Lakewood, CA 90712 - a stunning multifamily property situated in the desirable Lakewood Mutuals neighborhood, offering an exceptional blend of modern comfort and investment potential. This remarkable property features a beautifully renovated main house with 3 bedrooms and 2 bathrooms, showcasing high-end finishes and stylish design. Additionally, the property includes TWO new- construction ~1,100SqFt, thoughtfully designed 3-Bed 2-Bath units, each crafted to maximize space and enhance functionality. The two ADU's on this multifamily residence are leased, providing immediate income from day one. Its prime location near Lakewood Center places residents in the heart of a dynamic community, close to parks, shopping, dining, and essential amenities. 4832 Downey Avenue offers investors a compelling opportunity to acquire a high-yield asset in a highly sought-after neighborhood, blending the tranquility of a residential area with the convenience of urban living. This property is an ideal choice for those seeking a family home with added rental income, or a solid investment in Lakewood, CA.
Location
State CA
County Los Angeles
Area 24 - Lakewood Mutuals
Zoning LKR1*
Interior
Interior Features Ceiling Fan(s), Recessed Lighting, Kitchen Island, Quartz Counters, Remodeled Kitchen, Self-Closing Drawers
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Laundry Stackable
Exterior
Parking Features Concrete
Pool None
Community Features Curbs, Gutters, Sidewalks
View Y/N No
View None
Building
Lot Description Sprinklers, Sprinklers In Front
Sewer Public Sewer