5919 Woodruff Avenue

Lakewood, CA 90713

$1,430,000

Listed Price
N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1969

calendar_month Built

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.

Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 5919 Woodruff Avenue
City Lakewood
State CA
Zip 90713
County Los Angeles
Listing Agent Justin White DRE#01267826
Courtesy Of Justin White
MLS PW24189785
List Price $1,430,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 8,483
Year Built 1969
DOM 1

Exterior Information

Maps

Listing information courtesy of: Justin White, Justin White . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 13th, 2024 at 1:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.