4745 Pixie Avenue, Lakewood, California 90712, Lakewood, 90712 - 9 bed, 6 bath
Loading property details...
Lakewood, California 90712
This Turnkey Multi-Unit Income Property is listed at $1,950,000, offering a high-yield asset in the Lakewood Mutuals neighborhood. While the list price sits above the $1,780,479 Fair Market Value, the premium reflects the Excellent Condition Rating of the remodeled main home and two brand-new ADUs. With separate gas and electric meters and a projected $150,600 annual gross income, the property ensures efficient utility management and strong cash flow. Served by the Long Beach Unified School District, this modern triplex is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Property is new construction or fully renovated.
This property is in turnkey condition, featuring a fully remodeled main residence and two brand-new ADU units. The interiors showcase high-end modern finishes, including new light-oak style flooring, recessed lighting, and contemporary kitchens with stainless steel appliances. Bathrooms are completely updated with white shaker vanities, black hardware, and custom tile work with glass enclosures. With brand-new systems including central HVAC, tankless water heaters, and separate meters, the property meets the highest standards of recent renovation and new construction.
The property features three 3-bedroom units with projected annual gross rents of $150,600, offering an exceptional opportunity for investors or owner-occupants seeking significant rental offsets.
With a fully remodeled main residence and two brand-new ADUs featuring modern finishes and systems like central A/C and tankless water heaters, the property requires minimal immediate capital expenditure.
All three units are equipped with separate gas and electric meters and individual addresses, providing streamlined utility management and enhanced privacy for multi-generational living or independent tenancies.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3318, other record living area = 868. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 9, other record bedroom count = 2.
Accommodating three large 3-bedroom units on a 5,366-square-foot lot results in high density, likely leaving minimal private yard space or outdoor amenities for residents.
The assigned elementary school carries a lower rating of 3, which may impact the property's long-term appeal to families prioritizing top-tier educational districts.
Exceptional turnkey income and lifestyle opportunity in the desirable Lakewood Mutuals neighborhood. This unique property features a fully remodeled single-family home plus two brand-new ADU apartment units, offering flexibility for investors, owner-occupants, or multi-generational living. The front residence offers approximately 1,218 square feet with 3 bedrooms and 2 bathrooms, completely renovated throughout and complemented by a 2-car garage. Located behind the main home are two newly constructed ADU units, each approximately 1,050 square feet with 3 bedrooms and 2 bathrooms. These units feature open floor plans, modern finishes, stainless steel appliances, tankless water heaters, central A/C and heat, and brand-new systems throughout. All three units have separate electric and gas meters and separate addresses, providing efficient utility management and long-term flexibility. Ideal for owner-occupants seeking to live in one unit while renting the others, as well as large or multi-generational families looking for privacy under one roof. For investors, the property offers projected gross rents of approximately $150,600 annually once fully leased. Centrally located near shopping, dining, schools, and major transportation corridors, this is a rare opportunity to acquire a modern, low-maintenance property in one of Lakewood’s most established residential neighborhoods.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.8 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 0.0 | 78% |
| Baths | 6.0 | 0.0 | 78% |
| Square foot | 3,318 | 2,538 | 56% |
| Lot Size | 5,366 | 5,367 | 33% |
| Price | $1.90M | $1.33M | 67% |
| Price per sq ft | $573 | $529 | 78% |
| Built year | 1955 | 1951 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 187 | 22% |
Apr 16, 2026
$1,899,999
$1,950,000
-3% Price Drop
Initial Listing
Jan 31, 2026
$1,950,000
Initial Listing
Oct 22, 2024
$725,000
Public Record