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5050 Hayter AVE Lakewood, CA 90712
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Key Details
Sold Price $1,680,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,163 sqft
Price per Sqft $325
Subdivision Other (Othr)
MLS Listing ID OC19058573
Sold Date 06/11/19
HOA Y/N No
Year Built 1977
Lot Size 9,465 Sqft
Acres 0.2173
Property Sub-Type Apartment
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.
Location
State CA
County Los Angeles
Area 22 - Lakewood Estates, Lakewood Manor
Zoning LKMFR*
Interior
Laundry Community
Exterior
Parking Features Covered
Garage Spaces 8.0
Pool None
Community Features Sidewalks, Street Lights
Private Pool No
Building
Lot Description Corner Lot, Front Yard
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS Cash,Cash To New Loan,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE See Remarks
SHOW INSTRUCTIONS Drive by only. Inspection subject to accepted offer.
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Bought with CQT Paradigm Goup Inc.