5919 Woodruff Avenue
$1,375,000
9
5
4,231
4,231
$325
Sold 10/16/24
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.
- Listed by Justin White • DRE #01267826 • Justin White
Property Details for 5919 Woodruff Avenue
Zoning
LKMFR*
Property Attached YNtrue
Parcel Number7165016021
Total Units4.0
Living Area4231
AreaCrest Gardensyfair, Signature (21)
Subdivision NameLakewood City/Lakewood (LCK)
Lot Size Area8483
LISTING UPDATED: 10/16/2024 04:33 PM
Property Details for 5919 Woodruff Avenue
Status | Sold |
---|---|
MLS # | PW24189785MR |
Days on Market | 10 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1969 |
Lot Size | 0.19 AC / 8,483 SF |
County | Los 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
Property History for 5919 Woodruff Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Las Flores Home Education Independent Study Academy PublicK 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.
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