5019 , 5021, & 5019 #1 Ashworth St, Lakewood, CA 90712

$1,400,000

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Sold Price
$1,400,000
List Price
$1,399,000
Closing Date
Apr 25, 2024
Status
CLOSED
MLS#
DW24036459
Year Built
1944
Lot Size
5,337
Acres
0.12
Lot Location
Rectangular Lot
Days on Market
25
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

This IMPRESSIVE THREE UNIT Lakewood property is a true gem, showcasing a lucrative income potential with its projected gross rents of $10,440.00 a month (Per Housing Authority - SAFMRs) and remarkably low operating expenses. All 3 units are separately metered for gas and electrical and have been fully remodeled / renovated including but not limited to plumbing supply / waste lines, insulation, electrical, windows, AC systems, reinforced foundation, new floors, baseboards, doors, each unit has its own laundry area equipped with an LG washing tower, New kitchens, bathrooms, appliances, new paint in both interiors and exteriors, landscape, and BRAND NEW ROOF throughout. Units consist of 2 Primary Dwelling Units and a ADU Studio. 1st DU “5019” features 3 good size bedrooms with two new and tastefully designed bathrooms. 2nd DU “5021” features 2 good size bedrooms and an exquisitely designed bathroom. The 3rd Unit “5019 #1” ADU is an elegant and ample sized studio. All 3 units feature new ceiling fans in bedrooms and high end ceiling fans in living areas. All new finishes e.g. faucets, fixtures, recessed lights, outlets, switches, trims, moldings, door knobs, mirror closet doors to name a few. The bones and the aesthetic of this property have been revamped which makes for a great turnkey investment opportunity or Live in one and rent the other 2. All you have to do is buy it, and money will come in! Sits in a very quiet sought-after neighborhood, Close to major freeways, Lakewood sheriff station and city hall, conveniently located to shopping centers (COSTCO, Walmart, Lakewood Mall) and many restaurants. These units are virtually brand new, all done with city permits and delivered vacant. Come and see this truly amazing and unique property, it won't last.

Additional Information

Appliances
Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer
Pool Description
None
Fireplace Description
Wood Burning
Heat
Central, Heat Pump
Cooling
Yes
Cooling Description
Central Air, Ductless
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$125,280
Operating Expense
30950

Listing courtesy of Listing Agent: Francisco Avila (f.avila171717@gmail.com) from Listing Office: Century 21 Realty Masters.

Listing sold by Edgar Gutierrez from CENTURY 21 CITRUS REALTY INC

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.