
Lakewood, California 90712
Analysis of 4332 Andy, Lakewood, California 90712 is currently available with a list price of $1,450,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lakewood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1944, the property has undergone a comprehensive $160,000 renovation within the last 5 years. Improvements include fully updated kitchens and bathrooms with new fixtures and appliances, new plumbing and drain lines, dual-pane windows, and fresh interior/exterior paint, meeting the criteria for mint condition with no near-term maintenance.
With approximately $160,000 in recent capital improvements including plumbing, windows, and full interior updates, this turnkey asset offers immediate low-maintenance operations.
The property includes three garages that provide a significant opportunity for ADU conversion, allowing investors to increase density and maximize rental income.
Each of the three spacious two-bedroom units features in-unit laundry and dedicated garage parking, premium amenities that ensure strong demand and stable occupancy.
The property was recently sold within the past year on 2026-03-10. The sold price is $950,000.00.
Originally built in 1944, the property may still present challenges inherent to older structures that go beyond the recent cosmetic and functional upgrades.
Several assigned elementary schools carry lower performance ratings (3/10), which could potentially limit the property's appeal to families prioritizing top-tier educational districts.
This turnkey triplex presents a rare opportunity to acquire a fully renovated, low- maintenance multifamily asset in the highly desirable Lakewood submarket. Comprised of three spacious two-bedroom/one-bath units, the property has undergone approximately $160,000 in recent capital improvements, including comprehensive plumbing upgrades, new drain lines, dual-pane windows, fully renovated interiors with new fixtures, appliances, and tub/shower surrounds, as well as fresh interior and exterior paint, new landscaping, and perimeter fencing. Designed for operational efficiency and tenant appeal, each residence features its own washer and dryer, while three garages provide valuable parking and offer potential for a future ADU conversion (buyer to verify). With strong in-place cash flow, and virtually no near-term capital requirements, the property offers an attractive combination of stable income, long-term appreciation potential, and additional upside through future development.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-6 • 0.5 mi
Grades PK-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,400 | - |
| Lot Size | 8,054 | - |
| Price | $1.45M | $1.20M |
| Price per sq ft | $604 | $554 |
| Built year | 1944 | 0 |
| HOA | $0 | $0 |
| Days on market | 49 | 105 |
Aug 18, 2026
$1,450,000
$1,485,000
-2% Price Drop
Initial Listing
Jul 22, 2026
$1,485,000
Initial Listing
Mar 10, 2026
$950,000
Public Record