5050 Hayter Avenue, Lakewood, CA 90712

$1,750,009
5,163
SqFt
List Price
$1,750,009
Status
PENDING
MLS#
OC19058573
Year Built
1977
Living Sq. Ft
5,163
Lot Size
9,465
Acres
0.2173
Lot Location
Corner Lot, Front Yard
Days on Market
38
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Level
Neighborhood
Other (Othr)

Property Description

Rarely on Market. This solid investment 5 units apartment located conveniently near school, church, strip mall, Costco, Target, local restaurants, popular fast food and local Lakewood Mall. Rent are currently below market since owner are up in Northern California. Nice corner location for easy access to all units. This special property have enclosed 8 car garages for all 5 units. All units have dishwasher, stove, garbage disposal, wall A/C, heating, cable ready, balcony and patio. The one 3 bed/ 2 bathrooms unit have wood fire place and ideal for owner use and rent other 4 units. Another nice feature is all other 4 units have 2 bathrooms with 2 bedrooms which is more value than most surrounding apartment higher rent for only 2 bed and 1 bath and waiting list for garage. One of the 2 bed/2 bath unit also comes with 2 garages. Lots of street parking for guest but first come first available. This is a high rent demand area and also have no rent control. New owner can find out from City and Gas company possibly to add separate gas meter for each unit. Owner recently upgraded unit #3 & 4 as well as last year changed new flat roof. Tenant now only pay for their electricity, cable and internet usage. There are also a community laundry room on premise for convenience.

Additional Information

Tract Number
22251
Lot Description
Sidewalks, Street Lights
Pool Description
None
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cu Tran from CQT Paradigm Goup Inc.

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.