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About the Listing CLW-X80251 - CLW-C143005
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!
Listing Highlights
Status
Active
Days on Site
28
Property Type
Residential
MLS ®
26659885
Year Built
2023
Total Square Footage
3,170
Lot/Acreage
0.12
County
Los Angeles
Area
23 - Lakewood Park
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Walk-In Closet(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 51x100
- Zoning: LKR1YY
- Roof:
- Others: Updated/Remodeled,2+ Total Units
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7175003014
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
4723 Albury Ave Lakewood, CA 90713
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