4723 Albury Avenue, Lakewood, California 90713, Lakewood, 90713 - 8 bed, 6 bath
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Lakewood, California 90713
Analysis of 4723 Albury Avenue, Lakewood, California 90713 is currently available with a list price of $1,975,000. 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.
The property is a triplex featuring a fully renovated main residence and two newly constructed ADUs completed in 2023. It showcases modern finishes, contemporary kitchens and bathrooms, and updated systems throughout, meeting the highest standards for quality with no deferred maintenance.
This triplex configuration, featuring a renovated main house and two brand-new 2023 ADUs, offers immediate cash flow with two units already leased and a vacant 3-bedroom unit ideal for an owner-occupant.
With the rear units completed in 2023 and the front residence fully updated, the property boasts contemporary finishes and efficient layouts that significantly minimize immediate capital expenditure and maintenance needs.
Priced at approximately $658,000 per unit, the property represents a strategic investment value compared to the surrounding Lakewood single-family market where homes often command prices well over $900,000.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3170, other record living area = 888. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
Siting three residential units on a 5,057 SF lot results in limited private yard space and a cramped footprint, which may detract from the traditional suburban feel of the neighborhood.
With a total of 8 bedrooms and 6 bathrooms across three units, the property is likely to face significant parking challenges and street congestion for tenants and guests.
Introducing 4723 Albury Avenue in the heart of Lakewood, a rare opportunity to own a beautifully renovated triplex offering both modern living and strong income potential. Priced at approximately $658,000 per unit with an average unit size of 1,057 SF, the property represents exceptional value compared to surrounding single family homes in the area that often sell for well over $900,000. The property features a versatile unit mix consisting of a fully renovated 3 bedroom, 2 bathroom main residence, along with two newly constructed ADUs completed in 2023. The rear units include a 3 bedroom, 2 bathroom unit and a 2 bedroom, 2 bathroom unit, each designed with modern finishes, efficient layouts, and contemporary styling. Situated on a 5,057 SF lot, the property combines the charm of a renovated front home with the efficiency and design of newly built rear units. Two of the three units are currently leased, providing immediate rental income, while a vacant 3 bedroom, 2 bathroom unit offers an ideal opportunity for an owner occupant or additional rental income. The front house was previously leased for $4,300, and would likely lease for more today. Located in one of Lakewood's most desirable neighborhoods, residents enjoy convenient access to shopping, dining, parks, and major commuter routes. This property offers a compelling combination of modern construction, rental income, and owner occupant flexibility, making it a rare opportunity in today's market. Take advantage of lowering interest rates and get into the investment you've been dreaming of!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-6 • 1.3 mi
Grades K-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 99% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 3,170 | 1,454 | 99% |
| Lot Size | 5,057 | 5,333 | 17% |
| Price | $1.98M | $915.0K | 99% |
| Price per sq ft | $623 | $656 | 40% |
| Built year | 2023 | 1950 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 153 | 4% |
Mar 4, 2026
$1,975,000
Initial Listing
Dec 28, 2021
$690,000
Public Record