ResidentialIncome — 4332 Andy, Lakewood, CA
$1,485,000
4332 Andy, Lakewood, CA
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.
Property details
Location
4332 Andy • Lakewood, CA 90712
Listed by
Robert Stepp · Keller Williams Realty Downey