4832 Downey Avenue

Lakewood, CA 90712

$1,975,000

List Price

9

bed Beds

6

shower Baths

3,451 sqft

straighten / sqft

1952

calendar_month Built

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.

Listing Information

List Price $1,975,000
Status Active
MLS RS25012714
HOA $0
Type Residential
Subtype Triplex
Year Built 1952
Lot Size 7,209
Structure Size 3,451
DOM 1
Courtesy Of Buyer's Choice Realty
Listing Agent Gene Hacker DRE#01712911
Co-Listing Agent Bryan Reed DRE#01220132

Interior Features

Laundry Information
Location(s) Stacked
Kitchen Information
Features Kitchen Island, Quartz Counters, Remodeled, Self-closing Drawers, Updated Kitchen
Total Bedroom
Bedrooms 9
Bathroom Information
Features Bathtub, Separate Shower
Total Bathroom
Bathrooms 6
Flooring Information
Material Laminate
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), Eat-in Kitchen, Quartz Counters, Recessed Lighting
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Features Front Porch

Maps

Listing information courtesy of: Gene Hacker, Bryan Reed, Buyer's Choice Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 19th, 2025 at 2:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.