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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
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
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile, Vinyl
Fireplaces Type Gas
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
Building
Lot Description Lawn
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
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
Special Listing Condition Standard
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Bought with Martha Avendano • Century 21 Allstars
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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