Fantastic 4-Unit Investment Opportunity in Pasadena! This income-producing fourplex features 4 spacious 1-bedroom, 1-bath units and offers immediate rental income with long-term investment potential. Major improvements have already been completed, including a brand-new roof on both the main building and detached garage, new garage doors, fully replaced plumbing, fresh interior and exterior paint, updated flooring, newer windows, and renovated kitchens and bathrooms in select units. All 4 units feature separate electric and gas meters, while the owner currently pays water. The property also offers 3 single-car garages and 1 additional parking space. Conveniently located with easy access to the 210 Freeway, shopping, dining, parks, and public transportation, this property is well positioned for investors and owner-users alike. Current rents total $6,398 per month, providing immediate cash flow. Future rental potential may exist, subject to local rent control regulations, existing tenancy, and applicable law. Buyer to independently verify all information, including rents, expenses, square footage, permits, and property condition.
Listing Courtesy of CRMLS / Listed By: Alma Aguilar, Coldwell Banker Realty
$950,000 (USD)
Mayfair (Mayf) Area Single Family Home
Active
5903 Hazelbrook Avenue Lakewood, CA 90712
3 Bed
2 Baths
1618 sqft
MLS# AR26092409
New Price!
Move-in ready and thoughtfully upgraded, this beautiful single-story Lakewood home offers the peace of mind today's buyers are looking for. Major improvements include a newer roof on both the main home and detached garage, an updated sewer line to the street, copper plumbing, updated bathrooms, an energy-efficient tankless water heater, a widened driveway with additional parking, and a detached 2-car garage with an automatic garage door opener.
Enjoy the beauty of water-saving, low-maintenance landscaping with premium artificial turf and gopher protection, providing year-round green curb appeal without the constant watering, mowing, and upkeep. Spend less time maintaining the yard and more time enjoying it.
Inside, you'll find a bright, natural light-filled living room and a spacious family room featuring a beautiful stone gas fireplace and sliding glass doors leading to the private backyard, creating the ideal indoor-outdoor gathering space. The formal dining area and functional floor plan are designed for comfortable everyday living and entertaining.
The kitchen offers abundant cabinetry, generous counter space, and newer stainless steel appliances, including a stove, refrigerator, dishwasher, and microwave—all included.
The primary suite offers comfort and privacy with its own updated bathroom and walk-in shower.
Additional highlights include indoor laundry, a lighted pergola patio, block-wall fencing, a spacious backyard, bonus storage shed/playhouse, and a well-maintained HVAC system that has been regularly serviced by the homeowner.
Beautifully maintained and thoughtfully updated, this is a home you'll be proud to share with family and friends.
Listing Courtesy of CRMLS / Listed By: Alma Aguilar, Coldwell Banker Realty