5234 Hayter Ave, Lakewood, CA 90712
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5234 Hayter Ave Lakewood, CA 90712

$2,050,000 Sold Price as of 07/28/2023
  • 11 Beds
  • 10 Baths
  • 4,906 Sq.Ft.
Sold
$2,050,000 Sold Price as of 07/28/2023 Refinance Your Mortgage

Map preview of 5234 Hayter Ave, Lakewood, CA 90712

Property Overview: 5234 Hayter Ave Lakewood, CA has 11 bedrooms, 10 bathrooms, 4,906 living square feet and 8,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One of a few rare 5-Plex's that seldom come on the market located in an excellent area of Lakewood. Unit mix is 1-3 bedroom 2 bath and 4 large 2 bedroom 2 bath units. Each unit has a 1 car garage plus there is an additional 3-1 car garages rented at $150 ea. Building also has a laundry room with owner owned washer and dryer plus a storage room. 3 bedroom was recently remodeled including new kitchen cabinets and countertop. The 3 bedroom has central A/C, in unit laundry hook-ups plus an open parking space along with the 1-car garage. Property is walking distance to Lakewood Town Center with great shopping and restaurants. Building is centrally located to 605, 91, 405 and 710 freeways.

Listed by Wade Calmer | BRE #00776461 | T.N.G. Real Estate Consultants
Co-listed by Angelica Gregory | BRE #01361876 | Keller Williams Realty
Last checked: 10 minutes ago | Last updated: July 28th, 2023 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
8,841
HOA Dues
$0/mo
Year built
1978
Garage
8 Car
Property Type:
Apartment
Status
Sold
MLS#
PW23072177
City
Lakewood
County
Los Angeles
Time on Site
350 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.42%
  • Gross Rent Multiplier: 16.52
  • Gross Scheduled Income: $133,056
  • Net Operating Income: $75,269
  • Gross Operating Income: --
  • Vacancy Allowance: $2,000
  • # of Rented Garages: 3
  • Garage Rental Rate: $150
  • Garage Rental Income: $450
  • Laundry Income: $63
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $55,787
  • Electric: $1,228
  • Gas/Fuel: $3,966
  • New Taxes: $28,370
  • Trash: $3,262
  • Gardener: $1,810
  • Insurance: $2,770
  • Maintenance: $4,000
  • Professional Management: $7,066
  • Water/Sewer: $2,975

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Property Details for 5234 Hayter Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community, Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Concrete, Garage - Single Door, Parking Space
Lot Information
  • Lot Features: Lot 6500-9999, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 7155003013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Lakewood Mutuals (LKMU)
  • Directions: West of Lakewood Blvd, just South of Candlewood St
  • Road Frontage Type: Alley, City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
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Sale History for 5234 Hayter Ave

Last sold for $2,050,000 on July 28th, 2023
  • July, 2023

  • Jul 28, 2023

    Date

    Sold

    CRMLS: PW23072177

    $2,050,000

    Price

  • Apr 29, 2023

    Date

    Active

    CRMLS: PW23072177

    $2,199,000

    Price

  • March, 2001

  • Mar 23, 2001

    Date

    Sold (Public Records)

    Public Records

    $486,000

    Price

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Tax History for 5234 Hayter Ave

Assessed Value (2020): $845,184
Year Land Value Improved Value Assessed Value
2020 $506,691 $338,493 $845,184

Home Value Compared to the Market

This property vs the competition

5234 Hayter Ave sold on July 28, 2023 for 146.94% higher than the current median sold price for the city of Lakewood which is $850,000. The median sold price per/sqft for Lakewood is $596 and this home is sold at $427.84 per/sqft which puts the price per square foot 28.21% lower than the current median sale per square foot for the city of Lakewood.

About 5234 Hayter Ave

Detailed summary of property

5234 Hayter Ave is a apartment that recently sold in Lakewood, CA 90712. This apartment offered 11 bedrooms, 10 bathrooms, roughly 4,906 living square feet, and sits on an approximately 8,841 square foot lot. 5234 Hayter Ave was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $2,050,000. Home in Lakewood are selling for a median price of $850,000 and a median price per square foot of $596. Based on Ardent Real Estate Group's Lakewood Market Data, this home is sold 146.94% higher than the current median priced home. Local homes that are currently for sale include 522 E Rhea St, 1000 Ximeno Ave and 1050 Molino Ave. While the average home in Lakewood, CA is selling in 31 days, 5234 Hayter Ave has a days on market of 53 days. There are currently 100 homes for sale in the Lakewood real estate market and 96 of them are single family homes while 3 of them are condos and 1 are townhomes. For more information on this home for sale at 5234 Hayter Ave Lakewood, CA 90712 contact Ardent Real Estate Group and we will put you in touch with one of our Lakewood agents.

Public Facts for 5234 Hayter Ave

Public county record property details
Beds
11
Baths
10
Year built
1978
Sq. Ft.
4,906
Lot Size
8,840
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
7155-003-013

The source for these homes facts are from public records.

90712 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$859,000
Median List Price/Sq.Ft.
$635
Median Sold Price
$880,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
52
Median Sale to List Price %
103.71%
Avg Days on Market
18
Loan Type
Conventional (50%), FHA (18.75%), VA (6.25%), Cash (12.5%), Other (12.5%)

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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.