4832 Downey Avenue Lakewood, CA 90712
UPDATED:
01/19/2025 09:40 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,451 sqft
Price per Sqft $572
MLS Listing ID RS25012714
Style All Other Attached
Bedrooms 9
Full Baths 6
Construction Status Turnkey,Updated/Remodeled
HOA Y/N No
Year Built 1952
Lot Size 7,209 Sqft
Acres 0.1655
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 Lakewood (90712)
Zoning LKR1*
Interior
Interior Features Recessed Lighting
Cooling Central Forced Air
Flooring Laminate
Equipment Dishwasher, Disposal, Gas Oven, Gas Range
Appliance Dishwasher, Disposal, Gas Oven, Gas Range
Laundry Closet Stacked
Exterior
Roof Type Asphalt
Building
Lot Description Curbs, Sidewalks, Sprinklers In Front
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Construction Status Turnkey,Updated/Remodeled
Others
Monthly Total Fees $50
Miscellaneous Gutters
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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