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Jon Kolsky

Jon Kolsky
Kolsky Realty and Management Company
DRE#01311273
562-225-2296
Contact Me

 

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Listing 3 out of 112
$1,750,009 For Sale

5050 Hayter Avenue
Lakewood, CA 90712

5 units | Multi Family Home
9466 sq ft - MLS# OC19058573
Property Photo
1/23

Description

Rarely on Market. This solid investment 5 units apartment located conveniently near school, church, strip mall, Costco, Target, local restaurants, popular fast food and local Lakewood Mall. Rent are currently below market since owner are up in Northern California. Nice corner location for easy access to all units. This special property have enclosed 8 car garages for all 5 units. All units have dishwasher, stove, garbage disposal, wall A/C, heating, cable ready, balcony and patio. The one 3 bed/ 2 bathrooms unit have wood fire place and ideal for owner use and rent other 4 units. Another nice feature is all other 4 units have 2 bathrooms with 2 bedrooms which is more value than most surrounding apartment higher rent for only 2 bed and 1 bath and waiting list for garage. One of the 2 bed/2 bath unit also comes with 2 garages. Lots of street parking for guest but first come first available. This is a high rent demand area and also have no rent control. New owner can find out from City and Gas company possibly to add separate gas meter for each unit. Owner recently upgraded unit #3 & 4 as well as last year changed new flat roof. Tenant now only pay for their electricity, cable and internet usage. There are also a community laundry room on premise for convenience.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90712
  • Year Built: 1977
  • Subdivision/Neighborhood: Other
  • Stories: Two
  • Units: 5 units
  • # of Parking Spaces: 8.00
  • Lot Size: 9466 sq ft
  • Zoning: LKMFR*
  • Area: 22 - Lakewood Estates, Lakewood Manor
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 5163.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.60
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks, Street Lights
  • Country: US
  • Directions: Candlewood Street & Hayter Ave.
  • Electric Expense: 880.00
  • Fuel Expense: 3459.00
  • Garage Income: 50.00
  • Garage Rental Rate: 50.00
  • Garage Spaces: 8.00
  • Gardener Expense: 830.00
  • Gross Income: 50.00
  • Gross Operating Income: 101460.00
  • Gross Scheduled Income: 106800.00
  • Inclusions: Stove, dishwasher, garbage disposal & wall A/C
  • Insurance Expense: 2531.00
  • Laundry Features: Community
  • Laundry YN: Yes
  • Listing Agent License: 01873325
  • Listing Office License: 01929114
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Area: 9465.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 81893.00
  • New Taxes Expense: 21875.00
  • Number Of Buildings: 1
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Wall AC: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Operating Expense: 19567.00
  • Parking Features: Covered
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 8900.00
  • Total Expenses: 38192.00
  • Trash Expense: 1466.00
  • Water Sewer Expense: 2351.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Cqt Paradigm Goup Inc., Cu Tran

Jon Kolsky | 562-225-2296 | Contact Me
Kolsky Realty and Management Company - 5305 East 2nd, Suite#206 - Long Beach, CA 90803
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