$10,000 Closing Credit¹
#RS25012497, Gene Hacker, Listing Office: Buyer's Choice Realty
$1,975,000 List price
4832 Downey Ave Lakewood, CA 90712
$10,000
Closing credit¹
9 beds
6 full
3,451 sqft
0.2 acres
$572 / sqft
Multi-Family
Property details
About 4832 Downey Ave
Introducing 4832 Downey Avenue, Lakewood, CA 90712 - a stunning multifamily property situated in the desirable Lakewood Mutuals neighborhood, offering an exceptional blend of modern comfort and investment potential. This remarkable property features a beautifully renovated main house with 3 bedrooms and 2 bathrooms, showcasing high-end finishes and stylish design. Additionally, the property includes TWO new- construction ~1,100SqFt, thoughtfully designed 3-Bed 2-Bath units, each crafted to maximize space and enhance functionality. The two ADU's on this multifamily residence are leased, providing immediate income from day one. Its prime location near Lakewood Center places residents in the heart of a dynamic community, close to parks, shopping, dining, and essential amenities. 4832 Downey Avenue offers investors a compelling opportunity to acquire a high-yield asset in a highly sought-after neighborhood, blending the tranquility of a residential area with the convenience of urban living. This property is an ideal choice for those seeking a family home with added rental income, or a solid investment in Lakewood, CA.
Highlights
Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,451 sqft
Lot size0.1655 Acres
Year builtNew Const., 1952
ParkingConcrete
MLS #RS25012714
Summary
- MLS Number: RS25012714
- MLS Name: CRMLS
- Office Name: Buyer's Choice Realty
- Office Email: genehacker@searchBCR.com
- Listing Agent: Gene Hacker
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 7:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,975,000
4832 Downey Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 07, 2022 | Home Sold | $679,000 |
| Jan 07, 2022 | Home Sold | $715,000 |
| Dec 01, 1989 | Home Sold | $210,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $743,886 | $9,839 |
| 2023 | $729,300 | $9,677 |
| 2022 | $382,095 | $5,046 |
| 2021 | $374,604 | $4,944 |
| 2020 | $370,764 | $4,870 |
| 2019 | $363,495 | $4,677 |
| 2018 | $356,369 | $4,622 |
| 2017 | $349,382 | $4,622 |
History based on county public records data.
Nearby schools
6
Riley Elementary School
Public District KG-5
0.2 mi
•3319 Sandwood St
7
Holmes Elementary School
Public District KG-5
0.2 mi
•5020 Barlin Ave
7
Madison Elementary School
Public District KG-5
0.7 mi
•2801 Bomberry St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $94,000. The most common annual income of people living in Lakewood, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
5%
<35k
47%
35k-100k
42%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
5%
Single, with Kids
28%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Live Theatre
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Boston Market
Starbucks
What do the neighbors drive?
Volvo
Mercedes
Audi
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 4832 Downey Ave in Lakewood, CA and zip code 90712 in the The Harbor neighborhood. This 3,451 square foot home, which was built in 1952, sits on a 0.17 acre lot. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $1,975,000.
Lakewood, CA housing market in January 2025 saw over 14 listings sold above listed price, more than 4 sold at listed price and over 5 sold below. Between December and January 2025, Lakewood, CA real estate market has seen decrease in the number of listings by 9.7%. In January 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $851,875.
From Rocket Homes Real Estate and based on county public records data.