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Listed by Gene Hacker • Buyer's Choice Realty
$1,975,000
Est. payment /mo
9 BD
6 BA
3,451 SqFt
Active
4832 Downey Avenue Lakewood, CA 90712
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UPDATED:
01/20/2025 05:49 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,451 sqft
Price per Sqft $572
MLS Listing ID CRRS25012714
Bedrooms 9
Full Baths 6
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1952
Lot Size 7,209 Sqft
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
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Range
Laundry Other
Exterior
Pool None
View None
Private Pool false
Building
Story 1
Water Public
Schools
School District Long Beach Unified
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