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$1,975,000

Est. payment - /mo

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8 Beds

6 Baths

3,170 SqFt

Active

4723 Albury AVE Lakewood, CA 90713

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,170 sqft

Price per Sqft $623

MLS Listing ID 26659885

Bedrooms 8

Full Baths 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2023

Lot Size 5,057 Sqft

Property Sub-Type Single Family Residence

Property Description

Introducing 4723 Albury Avenue in the heart of Lakewood, a rare opportunity to own a beautifully renovated triplex offering both modern living and strong income potential. Priced at approximately $658,000 per unit with an average unit size of 1,057 SF, the property represents exceptional value compared to surrounding single family homes in the area that often sell for well over $900,000. The property features a versatile unit mix consisting of a fully renovated 3 bedroom, 2 bathroom main residence, along with two newly constructed ADUs completed in 2023. The rear units include a 3 bedroom, 2 bathroom unit and a 2 bedroom, 2 bathroom unit, each designed with modern finishes, efficient layouts, and contemporary styling. Situated on a 5,057 SF lot, the property combines the charm of a renovated front home with the efficiency and design of newly built rear units. Two of the three units are currently leased, providing immediate rental income, while a vacant 3 bedroom, 2 bathroom unit offers an ideal opportunity for an owner occupant or additional rental income. The front house was previously leased for $4,300, and would likely lease for more today. Located in one of Lakewood's most desirable neighborhoods, residents enjoy convenient access to shopping, dining, parks, and major commuter routes. This property offers a compelling combination of modern construction, rental income, and owner occupant flexibility, making it a rare opportunity in today's market. Take advantage of lowering interest rates and get into the investment you've been dreaming of!

Location

State CA

County Los Angeles

Area 23 - Lakewood Park

Zoning LKR1YY

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s)

Heating Central

Cooling Central Air

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Private Pool No

Building

Story 2

Entry Level Two

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7175003014

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Cory Bergamini COAR Advisors #02143616

NEARBY SCHOOL & BUSINESS

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