Lakewood, CA 90712 5019

Sold: Apr 25, 2024
5019 Lakewood, Ca - Image 15019 Lakewood, Ca - Image 25019 Lakewood, Ca - Image 3
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Presented By: Francisco Avila with Century 21 Realty Masters; 562-416-9797
  • MLS# DW24036459
  • 02/21/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 2,135

Home Details

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.
Presented By: Francisco Avila with Century 21 Realty Masters; 562-416-9797

General for 5019

Additional Parcels Y/NNo
AppliancesDishwasher, GasRange, Microwave, Refrigerator, RangeHood, TanklessWaterHeater, Washer
Attached Garage No
Building Area UnitsSquareFeet
Buyer FinancingConventional
Carport Y/NNo
CityLakewood
Close Price1400000.0
Community FeaturesCurbs, StreetLights, Sidewalks
ContingencyStandard Contractual Contingencies.
CoolingCentralAir, Ductless
CountyLos Angeles
Days on Market27
DirectionsN. of Hedda St, S. of Rose St, E. of Lakewood Blvd, W. of Clark Ave.
DisclosuresAccessoryDwellingUnit, PrincipalisRealEstateLicensed
Electric Expense0.0
Entry LocationFront & side
ExclusionsPersonal Property & Staging Items.
Expected Active Date 2024-02-23
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income125280.0
HOA / Comm AssnNo
HeatingCentral, HeatPump
Home Warranty Y/NNo
Insurance Expense13200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, CalVetLoan, Item1031Exchange, FHA, FannieMae, FreddieMac, USDALoan, VALoan
Lot Size Square Feet5337.0
MLS AreaMAYF - Mayfair
MobileHomeRemainsYNNo
Net Operating Income28330.0
New ConstructionYes
Number of Units Leased0
Operating Expense30950.0
Pool FeaturesNone
PossessionClosePlus1Day
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusClosed
StatusClosed
Street Name5021, & 5019 #1 Ashworth St
Tax Lot43
Taxes$15,465
Tenant PaysElectricity, Gas
Total Units3
Trash Expense388.0
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense1860.0
Waterfront Y/NNo
Year Built1944
Year Built SourcePublicRecords

Interior for 5019

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Entry Level1
Fireplace FeaturesWoodBurning
Fireplace Y/NYes
FlooringLaminate, Tile, Vinyl
Heating Y/NYes
Laundry FeaturesGasDryerHookup, Inside, Stacked
Total Stories1

Exterior for 5019

Building Area Total2135.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsLG WashTowers & Appliances
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1225
Lot Size Area5337.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,399,000
MLS#DW24036459
List Date 02/21/2024
Property Type Multi-Family
Phone 714.964.3311
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