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5734 Rocket St, Lakewood, CA 90713
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5734 Rocket St Lakewood, CA 90713

$870,000 Sold Price as of 12/16/2021
  • 4 Beds
  • 3 Baths
  • 1,993 Sq.Ft.
Sold
$870,000 Sold Price as of 12/16/2021 Refinance Your Mortgage
Map preview of 5734 Rocket St, Lakewood, CA 90713

Property Overview: 5734 Rocket St Lakewood, CA has 4 bedrooms, 3 bathrooms, 1,993 living square feet and 7,284 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a well maintained apartment community in Lakewood CA. This has an exceptional unit mix of two 2 bedroom units - one of which has 2 bathrooms. There is significant upside in rents with no municipal rent control, and the property is situated on an oversized lot. There is potential to build up to two units on the lot to make the property a 4plex. It is rare to have the opportunity to purchase an income property in such a desirable neighborhood for under $1M.

Listed by Shane Young | BRE #01963090 | Dan Lewin, Broker
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
7,284
HOA Dues
$0/mo
Year built
1944
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21215360
City
Lakewood
County
Los Angeles
Time on Site
955 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $26,400
  • Net Operating Income: $13,070
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,537
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $450
  • Insurance: $797
  • Water/Sewer: $450

Property Details for 5734 Rocket St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7165014018
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South and Woodruff
Neighborhood Information
  • Community Features: Biking, Curbs, Golf, Park, Sidewalks, Street Lights
View more facts & features

Local Lakewood Agent

Sale History for 5734 Rocket St

Last sold for $870,000 on December 16th, 2021

  • October, 2021

  • Oct 20, 2021

    Date

    Active Under Contract

    CRMLS: PW21215360

    $815,000

    Price

  • Sep 28, 2021

    Date

    Coming Soon

    CRMLS: PW21215360

    $815,000

    Price

Tax History for 5734 Rocket St

Assessed Value (2020): $86,766
Year Land Value Improved Value Assessed Value
2020 $24,182 $62,584 $86,766

Home Value Compared to the Market

This property vs the competition

5734 Rocket St sold on December 16, 2021 for 4.12% lower 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 $408.93 per/sqft which puts the price per square foot 31.39% lower than the current median sale per square foot for the city of Lakewood.

About 5734 Rocket St

Detailed summary of property

5734 Rocket St is a multi family that recently sold in Lakewood, CA 90713. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,993 living square feet, and sits on an approximately 7,284 square foot lot. 5734 Rocket St was first listed on ArdentRealEstateGroup.com on September 28, 2021. The homeowner sold the property for $870,000. 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 4.12% lower than the current median priced home. Local homes that are currently for sale include 2223 Locust Ave, 1022 Walnut Ave and 2100 Pine Ave. While the average home in Lakewood, CA is selling in 32 days, 5734 Rocket St has a days on market of 19 days. There are currently 95 homes for sale in the Lakewood real estate market and 90 of them are single family homes while 3 of them are condos and 2 are townhomes. For more information on this home for sale at 5734 Rocket St Lakewood, CA 90713 contact Ardent Real Estate Group and we will put you in touch with one of our Lakewood agents.

Public Facts for 5734 Rocket St

Public county record property details
Beds
5
Baths
3
Year built
1944
Sq. Ft.
1,993
Lot Size
7,284
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19,20
APN
7165-014-018

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
$849,000
Median List Price/Sq.Ft.
$677
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$586
Total Inventory
28
Median Sale to List Price %
102.56%
Avg Days on Market
17
Loan Type
Conventional (66.67%), FHA (9.52%), VA (0%), Cash (14.29%), Other (9.52%)

Thinking of Selling?

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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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