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Lakewood

4332 Andy

About This Property

This turnkey triplex presents a rare opportunity to acquire a fully renovated, low- maintenance multifamily asset in the highly desirable Lakewood submarket. Comprised of three spacious two-bedroom/one-bath units, the property has undergone approximately $160,000 in recent capital improvements, including comprehensive plumbing upgrades, new drain lines, dual-pane windows, fully renovated interiors with new fixtures, appliances, and tub/shower surrounds, as well as fresh interior and exterior paint, new landscaping, and perimeter fencing. Designed for operational efficiency and tenant appeal, each residence features its own washer and dryer, while three garages provide valuable parking and offer potential for a future ADU conversion (buyer to verify). With strong in-place cash flow, and virtually no near-term capital requirements, the property offers an attractive combination of stable income, long-term appreciation potential, and additional upside through future development.

Neighborhood

This property is located in Lakewood. Want to learn more about the area?

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Listing courtesy of Keller Williams Realty Downey

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,450,000

Est. Monthly Payment

$9,265/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Robert Stepp

Keller Williams Realty Downey