5919 Woodruff Avenue

Lakewood, CA 90713

$1,375,000
Last Sold Price
9
Beds
5
Baths
4,231 Sq. Ft.
$325 / Sq. Ft.
4,231
Sq. Ft.
$325
per Sq. Ft.

Description

An excellent opportunity to acquire a 4-unit multifamily building in Lakewood, CA. Located at 5919 Woodruff Ave, this multifamily asset was built in 1969. It offers one 3 bed, 2 bath owner s unit with interior washer/dryer hookups and three 2 bed, 1 bath units. Residents of the property enjoy off-street parking, as well as an on-site laundry room. The buildings boast a total of 4,231 gross rentable square feet on a large 8,483 square foot lot. The property is directly across the street from Mayfair...An excellent opportunity to acquire a 4-unit multifamily building in Lakewood, CA. Located at 5919 Woodruff Ave, this multifamily asset was built in 1969. It offers one 3 bed, 2 bath owner s unit with interior washer/dryer hookups and three 2 bed, 1 bath units. Residents of the property enjoy off-street parking, as well as an on-site laundry room. The buildings boast a total of 4,231 gross rentable square feet on a large 8,483 square foot lot. The property is directly across the street from Mayfair High School and Middle School and a few doors down from Saint Joseph High School. Residents of the property enjoy the ability to walk to shops and restaurants at the intersection of South St including Vons, Grocery Outlet, Ace Hardware, Starbucks, Mamma s Sushi, Carl s Jr, Subway, Church s Texas Chicken, El Pollo Loco and Thai Villa just to name a few. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return. With the front unit offering over 1300 square feet of private living space, this property also provides an exceptional opportunity for the new owner to live in one unit and enjoy rental income from the others.
  1. Listed by Justin White • DRE #01267826 • Justin White

Property Details for 5919 Woodruff Avenue

Zoning
LKMFR*
Property Attached YN
true
Parcel Number
7165016021
Total Units
4.0
Living Area
4231
Area
Crest Gardensyfair, Signature (21)
Subdivision Name
Lakewood City/Lakewood (LCK)
Lot Size Area
8483
LISTING UPDATED: 10/16/2024 04:33 PM

Property Details for 5919 Woodruff Avenue

StatusSold
MLS #PW24189785MR
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.19 AC / 8,483 SF
CountyLos Angeles County

Building Information for 5919 Woodruff Avenue

Stories2Residences-Year Built1969Building Size-Lot Size0.19 AC / 8,483 SF

Property Information for 5919 Woodruff Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Community Features: Curbs
  • Senior Community: No
  • Builders Tract Name: Lakewood City/Lakewood
  • Builders Tract Code: Lakewood City/Lakewood (LCK)
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Public Records
  • Number Of Stories: 2
  • Unit Floor In Building: 1
  • Guest House: None
  • Entry Floor Number: 1
  • Water: Public
  • Sewer: Public Sewer
Contract Info
Contract Info
  • Financing: Conventional
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $47,098.00
  • Total Annual Expense: 34967
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.0
  • Lot Size Square Feet: 8483
  • Lot Features: Landscaped, Walkstreet
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 7
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 5
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
  • Levels: Two
  • Heating: Radiant
  • Heating Type: Radiant
  • Common Walls: Attached
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 09-12-2024
  • Listing Terms: Cash, Cash To New Loan
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,013.00
  • Unit Actual Rent: $2,013.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,795.00
  • Unit Actual Rent: $1,795.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,659.00
  • Unit Actual Rent: $1,659.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,523.00
  • Unit Actual Rent: $1,523.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit Details
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Tax Tract Number: 10317

Property History for 5919 Woodruff 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 5919 Woodruff Avenue

Taxable ValueLand$167,386Additions$355,728Total$523,114
Tax Record2024$7,270 ($606 / month)
Home Facts
Total Finished SqFt4,231 SqFtAbove Grade Finished SqFt4,231 SqFtLot Size8,483 SqFtStyleQuadraplexYear Built1969ZoningLKMFR*CountyLOS ANGELESAPN7165-016-021

Schools near 5919 Woodruff Avenue

This home is within Bellflower Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - K to 12
Public - K to 6
Rating
School
Distance
Esther Lindstrom Elementary School
PublicK to 6

Mayfair High School
Public7 to 12

Intensive Learning Center
PublicK to 6

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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Justin White, Justin White, DRE #01267826

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.