Active
4832 Downey Avenue
Lakewood CA, 90712
$1,975,000
$572.30 per sqft
Active
9 Beds
6 Baths
3,451 sqft
Multi-family
Built in 1952
Listed by Gene Hacker with Buyer's Choice Realty [email protected]
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.
RS25012714
MLSⓇ ID
January 18, 2025
Listed
January 19, 2025
Updated
Map
4832 Downey Avenue
Lakewood CA, 90712
Interior Features
Total Stories
1
Bedrooms
9
Total Bathrooms
6
Full Bathrooms
6
Interior Features
Ceiling Fan(s), Eat-in Kitchen, Quartz Counters, Recessed Lighting
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Water Heater
Laundry Description
Stacked
Floor Description
Laminate
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
Sprinklers In Front
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
Long Beach Unified
Other Property Details
Area Name
24 - Lakewood Mutuals
Days on Market
1
Garage
No
Parking
Concrete
Parking Total
0
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LKR1*
Listing Contact: 714-888-2816
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/19/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 1/19/2025 at 3:07 PM UTC