20611 Arline Ave, Lakewood, CA 90715
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20611 Arline Ave Lakewood, CA 90715

$1,499,999
  • 6 Beds
  • 4 Baths
  • 2,244 Sq.Ft.
For Sale
$1,499,999 Get Pre-Qualified

Map preview of 20611 Arline Ave, Lakewood, CA 90715

Property Overview: 20611 Arline Ave Lakewood, CA has 6 bedrooms, 4 bathrooms, 2,244 living square feet and 6,608 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Experience the charm of this remodeled duplex in a diverse community and an array of amenities. This property features two 3-bedroom units, each boasting 2 full bathrooms and a 1-car attached garage with direct access. Everything is new, from the garage door with opener to the copper plumbing, dual-pane windows, and Blink security camera system. Central air conditioning and heating, interior doors and hardware, a new roof, cabinets, granite countertops, and stainless steel appliances, and flooring throughout; these units offer modern comfort and convenience. Both units are identical, facing each other at the back with driveways leading to the garage. Nestled in the heart of Lakewood, this home provides easy access to esteemed educational institutions such as Artesia High School, Haskell Middle School, and Esther Lindstrom Elementary School. Nearby attractions include the serene Cerritos Sculpture Garden, the bustling Los Cerritos Center, and the expansive Heritage Park, ensuring there's always something exciting to explore. Residents benefit from the convenience of major freeways like the 91 and 605, making commuting a breeze, while the neighborhood's rich cultural tapestry fosters a welcoming environment for families of all backgrounds. Rest assured, all improvements are fully permitted, showcasing the owners' commitment to quality and excellence. ***Front Unit (20611) and Back Unit (20615) each have SEPARATE gas, electricity and water meters, which is perfect as an investment property, not to have to manually separate the bills***

Listed by Sandy Dunkley | BRE #01832146 | Equity Real Estate-Los Angeles
Last checked: 14 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 30
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Home details

Lot Sq. Ft
6,608
HOA Dues
$0/mo
Year built
1959
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24370031
City
Lakewood
County
Los Angeles
Time on Site
37 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.66
  • Gross Scheduled Income: --
  • Net Operating Income: $84,000
  • Gross Operating Income: $96,000
  • Other Income 1: $4,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 20611 Arline Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Oven, Range
Interior Features
  • Ceiling Fan(s), Open Floorplan
  • Levels: One
  • Window Features: Double Pane Windows, Blinds
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Features: Front Yard, Back Yard
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7058008005
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Property is located North of 207th Street on Arline Ave on the west side of the street.
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Sale History for 20611 Arline Ave

View property's historical transactions
  • March, 2024

  • Mar 21, 2024

    Date

    Active

    CRMLS: 24370031

    $1,599,999

    Price

  • March, 2024

  • Mar 16, 2024

    Date

    Canceled

    CRMLS: PW24003622

    $1,635,000

    Price

  • Jan 8, 2024

    Date

    Active

    CRMLS: PW24003622

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    DON'T MISS OUT ON THIS COMPLETELY REMODELED DUPLEX READY TO RENT OUT - 2 3 BEDROOMS WITH 2 FULL BATHROOM - EACH HAS A 1 CAR ATTACHED GARAGE WITH DIRECT ACCESS TO PROPERTY - EVERYTHING NEW - GARAGE DOOR WITH GARAGE DOOR OPENER - COPPER PLUMBING - DUAL PANE WINDOWS - BLINK SECURITY CAMERA SYSTEM - 200 AMP ELECTRICAL - CENTRAL AIR AND HEAT - INTERIOR DOORS AND HARDWARE - ROOF - CABINETS IN BATHROOM AND BATHROOM - GRANITE COUNTER TOPS AND STAINLESS STEEL APPLIANCES IN KITCHEN - FLOORING - BOTH UNITS ARE THE SAME - ALL NEW ALL NEW - BACK OF UNITS FACE EACH OTHER AND BOTH HAVE DRIVEWAY TO GARAGE - OWNERS DID A GREAT JOB AND EVERYTHING IS PERMITTED

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Tax History for 20611 Arline Ave

Assessed Value (2020): $134,573
Year Land Value Improved Value Assessed Value
2020 $72,256 $62,317 $134,573

Home Value Compared to the Market

This property vs the competition

20611 Arline Ave is listed 76.47% higher than the median list price for the city of Lakewood which has a median list price of $850,000. The median price per/sqft for Lakewood is $639 and this home is listed at $668.45 per/sqft which puts the price per square foot 4.61% higher than the median price per square foot for the city of Lakewood.

About 20611 Arline Ave

Detailed summary of property

20611 Arline Ave is a multi family located in Lakewood, CA 90715 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 2,244 living square feet, and sits on an approximately 6,608 square foot lot. 20611 Arline Ave was first listed on ArdentRealEstateGroup.com on March 21, 2024. The homeowner is currently asking $1,499,999 and was originally asking $1,599,999. The median priced home in Lakewood is $850,000 with a median price per square foot of $639. Based on Ardent Real Estate Group's Lakewood Market Data, this home is listed 76.47% higher than the median priced home. Local competing homes currently for sale include 6052 Homewood Ave, 1761 Redondo Ave and 3915 E 11th St. While the average home in Lakewood, CA is selling in 29 days, 20611 Arline Ave has a days on market of 30 days. There are currently 90 homes for sale in the Lakewood real estate market and 83 of them are single family homes while 4 of them are condos and 3 are townhomes. For more information on this home for sale at 20611 Arline Ave Lakewood, CA 90715 contact Ardent Real Estate Group and we will put you in touch with one of our Lakewood agents.

Public Facts for 20611 Arline Ave

Public county record property details
Beds
6
Baths
2
Year built
1959
Sq. Ft.
2,244
Lot Size
6,592
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
7058-008-005

The source for these homes facts are from public records.

90715 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$716
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$570
Total Inventory
13
Median Sale to List Price %
100%
Avg Days on Market
18
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (16.67%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.