$1,650,000
$1,699,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
10,511 Sqft Lot
SOLD DATE : 04/20/2026
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25162914
Sold Date 04/20/26
Construction Status Fixer
HOA Y/N No
Year Built 1947
Lot Size 10,511 Sqft
Property Sub-Type Quadruplex
Property Description
Rare Lakewood Fourplex - Turnkey Investment Opportunity
Pride of ownership 4-unit property on an oversized 10,510 sq ft lot. Unit mix: (3) 2BD/1BA + (1) 2BD+bonus/1BA totaling 3,120 sq ft. Each unit features a private garage and in-unit laundry. Property includes 4 additional parking spaces, fenced yard, courtyard BBQ area with stack-stone landscaping. Recent upgrades: new roof (2025) right building, New roof left side structures in 2019, Main water line replaced to each unit 2017, fresh exterior paint. Fully occupied with quality long-term tenants. Separately metered gas/electric, owner pays water. Investment Metrics: $97,980 gross income, $69,404 NOI, 4.08% cap rate. Immediate cash flow with upside potential in prime Lakewood location.
Location
State CA
County Los Angeles
Area 28 - Lakewood City
Zoning LKMFR*
Interior
Interior Features Granite Counters, All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator
Laundry Inside
Exterior
Parking Features Garage, On Site
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
Fence Block
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description Cul-De-Sac
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer, Sewer Tap Paid
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 7059014014
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Frank Ly Keller Williams Los Angeles
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