Lakewood, CA 90713,5919 Woodruff Avenue
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Lakewood, CA 90713,5919 Woodruff Avenue
Lakewood, CA 90713,5919 Woodruff Avenue
Lakewood, CA 90713,5919 Woodruff Avenue
Lakewood, CA 90713,5919 Woodruff Avenue

$1,375,000

Est. payment /mo

$1,430,000

3.8%
Est.Price: ?

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5919 Woodruff Avenue Lakewood, CA 90713

9 Beds

4,231 SqFt

SOLD DATE : 10/16/2024

Key Details

Sold Price $1,375,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,231 sqft

Price per Sqft $324

MLS Listing ID CRPW24189785

Sold Date 10/16/24

Bedrooms 9

HOA Y/N No

Year Built 1969

Lot Size 8,483 Sqft

Acres 0.19

Property Description

An excellent opportunity to acquire a 4-unit multifamily building in Lakewood, CA. Located at 5919 Woodruff Ave, this multifamily asset was built in 1969. It offers one 3 bed, 2 bath owner’s unit with interior washer/dryer hookups and three 2 bed, 1 bath units. Residents of the property enjoy off-street parking, as well as an on-site laundry room. The buildings boast a total of 4,231 gross rentable square feet on a large 8,483 square foot lot. The property is directly across the street from Mayfair High School and Middle School and a few doors down from Saint Joseph High School. Residents of the property enjoy the ability to walk to shops and restaurants at the intersection of South St including Vons, Grocery Outlet, Ace Hardware, Starbucks, Mamma’s Sushi, Carl’s Jr, Subway, Church’s Texas Chicken, El Pollo Loco and Thai Villa just to name a few. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return. With the front unit offering over 1300 square feet of private living space, this property also provides an exceptional opportunity for the new owner to live in one unit and enjoy rental income from the others.

Location

State CA

County Los Angeles

Area Listing

Zoning LKMF

Interior

Heating Radiant

Fireplace No

Laundry Common Area

Exterior

Total Parking Spaces 7

Building

Lot Description Other, Landscape Misc

New Construction No

Others

Tax ID 7165016021

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Bridge MLS
Listed by Justin White • Justin White
Bought with JustinWhite
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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