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$699,999
3 Beds ⋅ 4 Baths ⋅ 26874265 MLS ⋅ Active Status
Hi, I'm 5795 Acacia Lane, a modern tri-level townhome in Lakewood with 3 bedrooms, 3.5 bathrooms and approximately 1,870 square feet of living space. I was built in 2016, so while I appreciate homes with "character," I also appreciate things like central air, an attached 2-car garage and plumbing from this century. Call me practical.Step inside and you'll find a floor plan that understands not every part of life needs to happen in the same room. My three levels create natural separation between living, entertaining and sleeping, with an open main living area featuring high ceilings, recessed lighting, wood flooring and plenty of natural light. My kitchen stays connected to the action with granite countertops, stainless steel appliances, generous cabinetry and an open layout, because whoever is making dinner should not be punished by missing the conversation. And yes, takeout looks perfectly respectable on granite too.Upstairs, you'll find three bedrooms, including a primary suite with its own bath and walk-in closet. With 3.5 bathrooms throughout the home, morning negotiations over who gets the mirror should be kept to a minimum. I also have interior laundry, central heating and air, plantation shutters, and a private patio for morning coffee, dinner outside or your latest attempt at keeping a plant alive.Then there's my attached 2-car garage. In Southern California, I could probably stop talking right there, but I won't. My community also offers landscaped common areas with BBQ and picnic spaces, guest parking and room to get outside without having to maintain an entire backyard yourself. Think community when you want it, your own space when you don't.And when you do venture beyond the neighborhood, my Lakewood location keeps everyday life conveniently close, with shopping, dining, recreation and surrounding Long Beach and Los Angeles County communities within easy reach.All in all, I'm nearly 1,900 square feet of surprisingly flexible living wrapped into one very practical Lakewood package: three bedrooms, 3.5 bathrooms, three levels, private outdoor space, interior laundry and an attached 2-car garage. No dramatic gimmicks required. I simply have a lot of the things people actually want in a home, and I happen to clean up pretty well, too.Come see me in person, attend the upcoming Open House, or contact the listing team for additional information. Just don't be surprised if I make three-story living look pretty good.

5795 S Acacia Lane, Lakewood
$3,295,000
12 Beds ⋅ 12 Baths ⋅ 26871087 MLS ⋅ Active Status
Huge 600k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7.25% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10.5% Cap Rate, 7.4 GRM, and 202k/unit after taking into account all construction costs (~745k assuming $225/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment conversions as well as 2-brand new attached ADUs. Turnkey opportunity where every single unit was vacated, completely renovated, and leased at market rent with additional upside by building 8 detached ADUs in the back parking lot. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has undergone major capital improvements including updated electrical, plumbing, brand-new windows, interiors, exteriors, etc. The fully remodeled units boast new modern cabinets, flooring, lighting, new bathrooms, and more.

6068 Atlantic Avenue, Long Beach
$1,549,800
PW26096551 MLS ⋅ Active Status
(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. **Front Units will be vacant and great for Owner Occupy One Units and Rents Out Others 3 Already Rented with Housing of Long Beach. The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION

486 E Adair, Long Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.