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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,975,000

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4832 Downey AVE Lakewood, CA 90712

9 Beds

6 Baths

3,451 SqFt

UPDATED:

01/18/2025 05:36 PM

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 (Lkmu)

MLS Listing ID RS25012714

Bedrooms 9

Full Baths 6

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1952

Lot Size 7,209 Sqft

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*

Rooms

Main Level Bedrooms 6

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Quartz Counters, Recessed Lighting

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Water Heater

Laundry Stacked

Exterior

Parking Features Concrete

Pool None

Community Features Curbs, Gutter(s), Sidewalks

View Y/N No

View None

Roof Type Asphalt

Porch Front Porch

Private Pool No

Building

Lot Description Sprinklers In Front

Dwelling Type Triplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction Yes

Construction Status Updated/Remodeled,Turnkey

Schools

School District Long Beach Unified

Others

Senior Community No

Tax ID 7154015014

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by Gene Hacker • Buyer's Choice Realty • genehacker@searchBCR.com

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

4832 Downey AVE Lakewood, CA 90712

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4832 Downey AVE