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4723 Albury Ave, Lakewood, CA 90713
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4723 Albury Ave Lakewood, CA 90713

$1,950,000
  • 8 Beds
  • 6 Baths
  • 3,170 Sq.Ft.
Pending
$1,950,000 Get Pre-Qualified
Map preview of 4723 Albury Ave, Lakewood, CA 90713

Property Overview: 4723 Albury Ave Lakewood, CA has 8 bedrooms, 6 bathrooms, 3,170 living square feet and 5,057 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: Introducing Albury Apartments at 4723 Albury Avenue, Lakewood, CA a remarkable property situated in the heart of thriving Lakewood. Priced at a very attractive $650,000 per unit - with an average unit size of 1,057 SF - homes in this area clear well over $800,000. This unique triplex, built in 2023, boasts a diverse unit mix consisting of a spacious 3-bedroom, 2-bathroom main residence, and two Accessory Dwelling Units (ADUs): a 3-bed, 2-bath unit and a 2-bed, 2-bath unit, each crafted with an emphasis on modern efficiency and style. Spanning a generous lot of 5,057 SF, the property features a meticulously renovated main house paired with the newly constructed ADUs, offering high-end finishes and design that cater to contemporary tastes. Currently two of three units are leased, leaving a 3-bed, 2-bath unit available for an owner to move-in. Albury Apartments offers a stable income stream from Day 1. Residents enjoy the convenience in this sought-after Lakewood locale. Located just moments from local hotspots and everyday essentials, the address ensures a lifestyle marked by comfort and ease. Albury Apartments embodies both immediate value and long-term growth prospects. This triplex is an exceptional offering for those seeking a versatile family home with significant rental income potential or a savvy investment opportunity in Lakewood, CA.

Listed by Cory Bergamini | BRE #02143616 | COAR Property Management, Inc.
Last checked: 16 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 23
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Home details

Lot Sq. Ft
5,057
HOA Dues
$0/mo
Year built
2023
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
24370765
City
Lakewood
County
Los Angeles
Time on Site
38 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,906
  • Total Rent: $3,906
  • Pro Forma/Market Rent: $3,906
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,406
  • Total Rent: $3,406
  • Pro Forma/Market Rent: $3,406
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,006
  • Total Rent: $3,006
  • Pro Forma/Market Rent: $3,006
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: 15.75
  • Gross Scheduled Income: --
  • Net Operating Income: $87,795
  • Gross Operating Income: $120,102
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 4723 Albury Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: One, Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 7175003014
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Del Amo Blvd and West of Woodruff Ave
View more facts & features

Local Lakewood Agent

Sale History for 4723 Albury Ave

View property's historical transactions

  • April, 2024

  • Apr 11, 2024

    Date

    Pending

    CRMLS: 24370765

    $1,950,000

    Price

  • Mar 19, 2024

    Date

    Active

    CRMLS: 24370765

    $1,950,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23323939

    $3,895

    Price

  • Oct 20, 2023

    Date

    Active

    CRMLS: 23323939

    $3,895

    Price

  • Listing provided courtesy of CRMLS

    NEWLY RENOVATED! Spacious 3-bedroom, 2-bathroom front house offers a large floorplan that is perfect for those seeking a comfortable and convenient living space. The space exudes a modern and fresh atmosphere, and has not been lived in since its renovation! The designer kitchen is equipped with a dishwasher, microwave, and stove, making meal prep a breeze. The apartment also features modern finishes, ceiling fans, and air conditioning to ensure a comfortable temperature year-round. Large closets! Lakewood location offers easy access to a variety of amenities, including shopping centers, restaurants, and entertainment options.

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Tax History for 4723 Albury Ave

Assessed Value (2020): $293,384
Year Land Value Improved Value Assessed Value
2020 $190,622 $102,762 $293,384

Home Value Compared to the Market

This property vs the competition

4723 Albury Ave is listed 129.41% higher than the median list price for the city of Lakewood which has a median list price of $849,999. The median price per/sqft for Lakewood is $639 and this home is listed at $615.14 per/sqft which puts the price per square foot 3.73% lower than the median price per square foot for the city of Lakewood.

About 4723 Albury Ave

Detailed summary of property

4723 Albury Ave is a multi family located in Lakewood, CA 90713 and is currently in escrow to be sold. This multi family property offers 8 bedrooms, 6 bathrooms, roughly 3,170 living square feet, and sits on an approximately 5,057 square foot lot. 4723 Albury Ave was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner is currently asking $1,950,000. The median priced home in Lakewood is $849,999 with a median price per square foot of $639. Based on Ardent Real Estate Group's Lakewood Market Data, this home is listed 129.41% higher than the median priced home. Local competing homes currently for sale include 1512 N Stanton Pl, 1050 Molino Ave and 1464 Gardenia Ave. While the average home in Lakewood, CA is selling in 32 days, 4723 Albury Ave has a days on market of 23 days. There are currently 91 homes for sale in the Lakewood real estate market and 85 of them are single family homes while 3 of them are condos and 3 are townhomes. For more information on this home for sale at 4723 Albury Ave Lakewood, CA 90713 contact Ardent Real Estate Group and we will put you in touch with one of our Lakewood agents.

Public Facts for 4723 Albury Ave

Public county record property details
Beds
2
Baths
1
Year built
1950
Sq. Ft.
888
Lot Size
5,056
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
57
APN
7175-003-014

The source for these homes facts are from public records.

90713 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$641
Median Sold Price
$880,000
Median Sold Price/Sq.Ft.
$652
Total Inventory
28
Median Sale to List Price %
101.27%
Avg Days on Market
15
Loan Type
Conventional (40%), FHA (13.33%), VA (6.67%), Cash (13.33%), Other (26.67%)

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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.

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