Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

4,159 sqft

Lot size

10,853 sqft

Year built

2022

Stories

2

Heating

Central

Status

Active

Days on market

8

MLS #

248041734

About this property

Fully renovated and fully leased, 4574 Shadeway Rd. combines a main residence with two completed, stabilized ADUs on an approximately 10,853-square-foot lot in Lakewood. All three residences have tenants in place, providing rental income from day one with strong current rents. The property includes two 3-bedroom, 2-bath residences and one 2-bedroom, 2-bath residence across two buildings. The renovated main home features an open living and dining area, a spacious kitchen with a large island, stainless steel appliances, designer finishes, recessed lighting and a fireplace. Updated bathrooms, in-unit laundry and on-site parking add comfort and convenience. Monte Verde Park and the San Gabriel River Parkway Nature Trail are just down the street, with convenient access to shopping, dining, El Dorado Park and the 605 freeway. Proximity to Long Beach City College and Cal State Long Beach supports renter demand. The Lakewood location also provides access to Long Beach's growing aerospace, space technology and advanced manufacturing sector, broadening the potential renter base. With renovations and ADU lease-up complete, the property offers established income for an investor or an attractive owner-occupancy option. Do not disturb occupants. Interior inspections subject to an accepted offer.

Location

4574 Shadeway Road

Lakewood, Los Angeles, CA, 90713