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Listed by Robert Stepp, DRE #01456379 • Keller Williams Realty Downey
$1,450,000
Est. payment /mo
8,054 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRPW26160158
Year Built 1944
Lot Size 8,054 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
This turnkey triplex presents a rare opportunity to acquire a fully renovated, low- maintenance multifamily asset in the highly desirable Lakewood submarket. Comprised of three spacious two-bedroom/one-bath units, the property has undergone approximately $160,000 in recent capital improvements, including comprehensive plumbing upgrades, new drain lines, dual-pane windows, fully renovated interiors with new fixtures, appliances, and tub/shower surrounds, as well as fresh interior and exterior paint, new landscaping, and perimeter fencing. Designed for operational efficiency and tenant appeal, each residence features its own washer and dryer, while three garages provide valuable parking and offer potential for a future ADU conversion (buyer to verify). With strong in-place cash flow, and virtually no near-term capital requirements, the property offers an attractive combination of stable income, long-term appreciation potential, and additional upside through future development.
Location
State CA
County Los Angeles
Area 21 - Crest Gardens, Mayfair, Signature
Interior
Heating Central Forced Air
Laundry In Garage
Exterior
Garage Spaces 3.0
Pool None
Building
Sewer Sewer Available
Water District - Public
Others
Tax ID 7168001005
Special Listing Condition Not Applicable , Accepting Backups
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