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Key Details
Sold Price $1,370,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Lakewood Village (Lkvl)
MLS Listing ID PW24082788
Year Built 1944
Lot Size 9,957 Sqft
Property Description
Wonderful pride of ownership four unit building in desired Lakewood Village. This sharp property sits on a very generous 9,954 sq. ft. lot with plenty of upside potential. Recent upgrades include: newer water heaters, $10,000 approx. in wood work recently completed, Tuff Shed added on slab in the rear of the property, newer fencing added. Additional features include: ample yard space for each unit with direct access, tiled kitchen counters with one being done in quartz, tile showers, auto irrigation system, separate meters for electric and gas, upgraded plumbing and more. This is a 5 star location with panoramic park views. You will never be in need of great tenant applications, as this property is just a short walk to Long Beach City College. Freeway access is wonderful as is the proximity to dining, entertainment, Heartwell Golf Course, Long Beach Airport and more. This is a great property for potential additions, as there is plenty of room around the lot to build, as well as huge upside in rents. All units are 1 bedrooms, with 2 identical floorplans in front (smaller) and 2 identical floorplans in back (larger). 4 parking spaces are located on the north side of the property.
Location
State CA
County Los Angeles
Area 29 - Lakewood Village
Zoning LBR34
Interior
Fireplaces Type None
Laundry See Remarks
Exterior
Parking Features Driveway Level, Driveway, One Space, Uncovered
Pool None
Community Features Curbs, Park, Suburban, Sidewalks
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with Dave Pedneault • First Team Real Estate
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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