4332 Andy Lakewood, CA $ 1,485,000
4332 Andy
$ 1,485,000
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4332 Andy

Lakewood, CA, 90712
$ 1,485,000
Baths1.0 Sq 2,400

Monthly Estimate*

$ 9,376

Listed by Keller Williams Realty Downey
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Studio

Multi-Family Home for sale in Lakewood, CA

for $1,485,000 with 1 full bath. This 2,400 square foot home was built in 1944 on a lot size of 0.1849.

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.

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Multi-Family Active

Price

$ 1,485,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1849

Year Built

1944

Town/City

Lakewood

County/Region

Los Angeles

MLS | Web ID

PW26160158

Days on Market

6

Features
General
Sewer Sewer Tap Paid
Heating Central
Garage Spaces 3
Pool Features None
Year Built 1944
Property Subtype Triplex
Gross Income 108077
Community Features Curbs
County Los Angeles
Net Operating Income 78865
Operating Expense 29213
Insurance Expense 1800
New Construction false
Property Type Residential Income
MaintenanceExpense 2100
Subdivision Name Mayfair (MAYF)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions South St
City Lakewood
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area 21 - Crest Gardens Mayfair Signature
Lot Size Units Square Feet
Lot Size Square Feet 8054
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 562.5
Fuel Expense 562.5
Trash Expense 562.5
Water Sewer Expense 562.5
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Property Sub Type Additional Triplex
Taxes 18563
Cap Rate 5.31
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Interior
Total Stories 1
Common Walls 1 Common Wall
Heating Y/N true
Laundry Features In Garage
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre Back Yard Lawn
Water Source Public
Total Parking 3
Lot Size Area 8054
Number of Buildings 2
Building Area Total 2400
Lot Size Acres 0.1849
Private Pool false
Lot Size Source Assessor
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
Keller Williams Realty Downey

Broker

rstepp@steppcommercial.com

Email

Affordability Calculator

$9,376
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Monthly Principal & Interest
$9,376
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Default based on a 30-year fixed rate of 6.49% 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
7/22/2026$1,485,000 Listed Price

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4332 Andy, Lakewood, CA, 90712 is a Multi-Family Home for sale at $1,485,000 with 2,400 sqft and a lot size of 0.1849. 4332 Andy is a studio with 1.0 baths and was built in 1944. The property's zip code is 90712 which is in Lakewood, CA