5250 Hayter Avenue

Lakewood, CA 90712

$2,165,000
Price
5
Beds
13
Baths
6,142 Sq. Ft.
$352 / Sq. Ft.
6,142
Sq. Ft.
$352
per Sq. Ft.

Description

Peach Tree is a 6-unit multifamily investment property located at 5250 Hayter Avenue in Lakewood, CA. 5250 Hayter Avenue offers a highly desirable mix of spacious two and three-bedroom floor plans. The three-bedroom unit features three full bathrooms, a private patio and balcony, in-unit laundry, and two-story, townhome construction. The property features amenities including an on-site laundry facility, ample garage parking, and private patios or balconies (select units). Additionally, Peach Trees’...Peach Tree is a 6-unit multifamily investment property located at 5250 Hayter Avenue in Lakewood, CA. 5250 Hayter Avenue offers a highly desirable mix of spacious two and three-bedroom floor plans. The three-bedroom unit features three full bathrooms, a private patio and balcony, in-unit laundry, and two-story, townhome construction. The property features amenities including an on-site laundry facility, ample garage parking, and private patios or balconies (select units). Additionally, Peach Trees’ stand-alone garage building provides new ownership with the opportunity to increase total unit count and rental income through the development of an accessory dwelling unit (ADU). 5250 Hayter Avenue has an attractive Lakewood location, situated within walking distance to Lakewood Square and Holmes Elementary School. Additionally, the property is just over 0.25 miles from the Lakewood Center, a power center featuring a collection of unparalleled shopping, restaurants, and entertainment options for tenants. Furthermore, Peach Tree is within 2 miles of the Long Beach airport, a major employment and housing driver for the area. The property’s ideal Lakewood location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Peach Tree.
  1. Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

Property Details for 5250 Hayter Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
6142
Assessor Parcel Number
7155-003-010
Property Attached YN
false
LISTING UPDATED: 11/11/2024 03:45 AM

Property Details for 5250 Hayter Avenue

StatusActive
MLS #OC24231682
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
CountyLos Angeles County

Building Information for 5250 Hayter Avenue

Building/Complex5250 Hayter AveFloor-Stories2Residences-Pet Policy-Year Built1978Building Size-

Property Information for 5250 Hayter Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $153,938
  • Gross Scheduled Income: $148,538
  • Vacancy Allowance: 4456
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $144,082
  • Net Operating Income: $95,944
  • Other Income Description: Misc
  • Other Income 1: $5,400
  • Gross Multiplier: 14.06
  • Cap Rate: 4.43
Expense Details
  • Operating Expense: $53,538
  • Operating Expense Percent: 35.80%
  • New Taxes Expense: $26,851
  • Fuel Expense: $1,639
  • Electric Expense: $1,639
  • Insurance Expense: $5,035
  • Maintenance Expense: $4,500
  • Professional Management Expense: $0
  • Other Expense: $10,596
  • Other Expense Description: Misc
  • Trash Expense: $1,639
  • Water Sewer Expense: $1,639
  • Total Expenses: $53,538
Tax / Assessment Info
  • Tax Tract Number: 22251
  • Tax Census Tract: 5707.01
  • CFD/Mello-Roos Fee: $2,340
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: First level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $9,601
  • Unit Type Total Rent: $9,601
  • Unit Type Pro Forma: 12975
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,777
  • Unit Type Total Rent: $2,777
  • Unit Type Pro Forma: 3095
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 5250 Hayter Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5250 Hayter Avenue

Taxable ValueLand$324,985Additions$487,488Total$812,473
Tax Record2024$12,416 ($1,035 / month)
Home Facts
Total Finished SqFt6,142 SqFtAbove Grade Finished SqFt6,142 SqFtLot Size10,994 SqFtStyleMulti-Family Res (5+ Units)Year Built1978ZoningLKMFR*CountyLOS ANGELESAPN7155-003-010

Schools near 5250 Hayter Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Holmes Elementary School
PublicK to 5

Hoover Middle School
Public6 to 8

Lakewood High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5250 Hayter Avenue is a multi-family home for sale in Lakewood, CA 90712. This property was listed for sale on November 11, 2024 by Marcus & Millichap RE Invest, it's currently listed at $2,165,000. This listing's school district is Long Beach Unified School District. Nearby schools include Holmes Elementary School, Hoover Middle School and Lakewood High School. 5250 Hayter Avenue is a 5-bed, 13-bath, 6,142 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.