
Lakewood, California 90712
This triplex presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $845,796 Fair Market Value by -6%. Featuring a Fair Condition Rating, this asset requires a comprehensive renovation to modernize its three one-bedroom units. The property offers significant upside for forced appreciation through strategic capital improvements. Located in a desirable area with access to multiple schools, this is a prime acquisition for Buy-and-Hold Investors or experienced contractors seeking a value-add project with long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5822 Autry Subject | $899,000* List Price | 0 | 0 | 1,924 | $440 | - |
A 4332 Andy Street Sold | $1,000,000 | 0 | 0 | 2,400 | $417 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1943, this 80+ year old property is in a state of significant distress or mid-rehab. Interior photos show stripped subfloors, missing baseboards, and construction debris, rendering it currently unlivable. It requires a full rehab of kitchens, bathrooms, and likely outdated systems to meet modern standards.
This triplex features three separate one-bedroom units, each paired with its own one-car garage, offering a versatile investment for rental income or a house-hacking strategy.
Marketed with unlimited upgrade potential, this property allows investors to force appreciation and build significant equity through strategic renovations and modernization.
Situated in the desirable Mayfair area, the property is conveniently located near highly-rated schools, diverse shopping and dining options, and major freeway access.
Built in 1943 and priced for upgrades, the property likely requires substantial capital expenditure to address aging systems and deferred maintenance.
The uniform layout of three 1-bedroom, 1-bathroom units restricts the potential tenant pool to individuals or couples, excluding the larger family demographic.
Fantastic purchase opportunity on this single story triplex consisting of three one-bedroom, one-bathroom units, each with a one-car garage. This property is value-priced with unlimited upgrade potential! It features a composition roof, detached garages (one shares a wall with the adjacent property's garage), and a convenient location close to schools, shopping, restaurants and freeways. Don't miss out!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.5 mi
Grades PK-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,924 | - |
| Lot Size | 7,702 | - |
| Price | $899.0K | $1.20M |
| Price per sq ft | $467 | $554 |
| Built year | 1943 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 105 |
Sep 3, 2026
$899,000
Initial Listing