5602 Verdura Ave Lakewood, CA $ 1,850,000
5602 Verdura Ave
$ 1,850,000
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5602 Verdura Ave

Lakewood, CA, 90712
$ 1,850,000
Baths1.0 Sq 3,516

Monthly Estimate*

$ 11,542

Listed by RAD Real Estate Management Inc
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Studio

Multi-Family Home for sale in Lakewood, CA

for $1,850,000 with 1 full bath. This 3,516 square foot home was built in 1952 on a lot size of 0.1252.

Discover a beautifully updated income property featuring three total units — perfect for investors or multi-generational living! The front home offers 3 bedrooms and 1 bathroom, newly remodeled with real wood flooring, an open floor plan, and stylish modern finishes. Behind it are two brand new 3-bedroom, 2-bath units, each designed with 9-foot ceilings, laminate and tile flooring, and thoughtfully crafted layouts that maximize space and comfort. All units feature brand new kitchens with quartz countertops, custom cabinetry, and new stainless steel appliances, along with modern bathrooms, recessed lighting, and central heating and air. The new construction units also include spacious walk-in closets for added convenience. Enjoy peace of mind with brand new electrical and plumbing systems throughout. Conveniently located within walking distance to restaurants, grocery stores, and local favorites, this turnkey property offers modern comfort, strong income potential, and a solid 6% cap rate making it an excellent investment opportunity with great returns! Parking for street sweeping is at different times on the same day - see picture or call for details.

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Multi-Family Contingent

Price

$ 1,850,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1252

Year Built

1952

Town/City

Lakewood

County/Region

Los Angeles

MLS | Web ID

PW25223903

Days on Market

89

Features
General
Sewer Public Sewer
Heating Central Heat Pump
Cooling Central Air
Utilities Electricity Available Natural Gas Available
Roof Composition
Appliances Gas Range High Efficiency Water Heater Microwave Refrigerator Tankless Water Heater Water To Refrigerator
Garage Spaces 0
Architectural Style Bungalow
Pool Features None
Construction Materials Drywall Frame Stucco
Year Built 1952
Electric 220 Volts
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 138600
Community Features Curbs Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 110800
Operating Expense 27800
Insurance Expense 2000
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active Under Contract
Directions Southeast Corner of Downey and South Street
City Lakewood
Entry Location Front Door to each unit
Senior Community Y/N false
Number Of Units Total 3
MLS Area 24 - Lakewood Mutuals
Lot Size Units Square Feet
Lot Size Square Feet 5453
Number of Units Leased 0
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 1200
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Lot 64
Total Actual Rent 0
Property Sub Type Additional Triplex
Taxes 22200
Cap Rate 6
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Interior
Interior Amenities Built-in Features High Ceilings Open Floorplan Quartz Counters Storage Unfurnished Walk-In Closet(s)
Flooring Laminate Tile Wood
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Plantation Shutters Screens
Laundry Features Inside
Entry Level 1
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Exterior
Exterior Amenities Lighting
Fencing Block Chain Link Wood
Parking Features On Street
Lot Features Corner Lot
Water Source Public
Total Parking 0
Lot Size Area 5453
Foundation Details Raised Slab
Number of Buildings 2
Building Area Total 3516
Lot Size Acres 0.1252
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Rad Real Estate Management Inc

Broker

pisciottab0723@gmail.com

Email

Affordability Calculator

$11,542
Per Month
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0%
0%
Monthly Principal & Interest
$11,542
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$1,850,000 Listed Price

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5602 Verdura Ave, Lakewood, CA, 90712 is a Multi-Family Home for sale at $1,850,000 with 3,516 sqft and a lot size of 0.1252. 5602 Verdura Ave is a studio with 1.0 baths and was built in 1952. The property's zip code is 90712 which is in Lakewood, CA