5830 Bonfair Avenue, Lakewood, CA 90712

$870,000

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Sold Price
$870,000
List Price
$875,000
Closing Date
Jul 25, 2024
Status
CLOSED
MLS#
DW24113390
Year Built
1944
Lot Size
6,782
Acres
0.16
Lot Location
0-1 Unit/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

Discover the charm and potential of this rare duplex in the heart of Lakewood. This property is a true gem, offering features that make it an exceptional investment opportunity. One of the standout aspects is the detached garage, which provides the possibility of being converted into an additional unit while still leaving ample room for a yard. The convenient alleyway access means this additional unit can have its own separate entrance, perfect for maximizing rental income or creating a guest suite. Both units have been tastefully remodeled over the years, with one unit boasting central heating and air conditioning for added comfort. Each unit is fitted with double-pane windows and newer water heaters, ensuring energy efficiency and reliability. The practicality of the property is further enhanced by the inclusion of laundry hook-ups for each unit, plus an additional hook-up available for the garage. Situated in a prime location, this duplex is close to a variety of amenities, including popular restaurants, the Lakewood Center Mall, and major freeways, offering both convenience and lifestyle benefits. The current tenants are long-term and on a month-to-month basis, providing stable and immediate rental income. This is a unique opportunity that combines location, potential, and practicality. Don't miss out on this rare find in Lakewood. Please do not disturb tenants.

Additional Information

Appliances
Gas Range
Pool Description
None
Heat
Central
View
Neighborhood
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$40,200
Operating Expense
4300

Listing courtesy of Listing Agent: Mark Lorico (mark@LoricoLegacyGroup.com) from Listing Office: Circle Real Estate.

Listing sold by Mark Lorico from Circle Real Estate

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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.