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5602 Verdura Ave

Lakewood, CA 90712
  • $1,850,000
  • STATUS: Active Under Contract
  • ON SITE: 55 Days
  • ID#: PW25223903
Under Contract
$1,850,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Listing Agent(s): Brandon Pisciotta of RAD Real Estate Management Inc (562-799-6556) and Jack Pisciotta of RAD Real Estate Management Inc(562-799-6556)


Description

Discover a beautifully updated income property featuring three total units — perfect for investors or multi-generational living! The front home offers 3 bedrooms and 1 bathroom, newly remodeled with real wood flooring, an open floor plan, and stylish modern finishes. Behind it are two brand new 3-bedroom, 2-bath units, each designed with 9-foot ceilings, laminate and tile flooring, and thoughtfully crafted layouts that maximize space and comfort. All units feature brand new kitchens with quartz countertops, custom cabinetry, and new stainless steel appliances, along with modern bathrooms, recessed lighting, and central heating and air. The new construction units also include spacious walk-in closets for added convenience. Enjoy peace of mind with brand new electrical and plumbing systems throughout. Conveniently located within walking distance to restaurants, grocery stores, and local favorites, this turnkey property offers modern comfort, strong income potential, and a solid 6% cap rate making it an excellent investment opportunity with great returns! Parking for street sweeping is at different times on the same day - see picture or call for details.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/168983571
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5602 Verdura Ave Lakewood, CA 90712

  • Price: $1,850,000
  • Status: Active Under Contract
  • On Site: 55 Days
  • ID#: PW25223903
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1952
Built
Neighborhood:
24 - Lakewood Mutuals
County:
Los Angeles
Area:
24 - Lakewood Mutuals
Property Description
Discover a beautifully updated income property featuring three total units — perfect for investors or multi-generational living! The front home offers 3 bedrooms and 1 bathroom, newly remodeled with real wood flooring, an open floor plan, and stylish modern finishes. Behind it are two brand new 3-bedroom, 2-bath units, each designed with 9-foot ceilings, laminate and tile flooring, and thoughtfully crafted layouts that maximize space and comfort. All units feature brand new kitchens with quartz countertops, custom cabinetry, and new stainless steel appliances, along with modern bathrooms, recessed lighting, and central heating and air. The new construction units also include spacious walk-in closets for added convenience. Enjoy peace of mind with brand new electrical and plumbing systems throughout. Conveniently located within walking distance to restaurants, grocery stores, and local favorites, this turnkey property offers modern comfort, strong income potential, and a solid 6% cap rate making it an excellent investment opportunity with great returns! Parking for street sweeping is at different times on the same day - see picture or call for details.
Exterior Features

Architectural Style Bungalow Construction Materials DrywallFrameStucco Entry Level 1 Entry Location Front Door to each unit Exterior Features Lighting Fencing BlockChain LinkWood Foundation Details RaisedSlab Lot Features Corner Lot Number Of Separate Electric Meters 3 Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

Interior Features

Appliances Gas RangeHigh Efficiency Water HeaterMicrowaveRefrigeratorTankless Water HeaterWater To Refrigerator Common Walls No Common Walls Cooling Central Air Cooling YN Yes Flooring LaminateTileWood Heating CentralHeat Pump Heating YN Yes Interior Features Built-in FeaturesHigh CeilingsOpen FloorplanQuartz CountersStorageUnfurnishedWalk-In Closet(s) Window Features Double Pane WindowsPlantation ShuttersScreens

Property Features

Additional Parcels YN No Cap Rate 6 Common Interest None Community Features CurbsStreet LightsSuburbanSidewalks Electric 220 Volts Garage YN No Gross Income 138600 Gross Scheduled Income 138600 Insurance Expense 2000 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional1031 Exchange Net Operating Income 110800 New Construction YN No New Taxes Expense 22200 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 27800 Property Condition Turnkey Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 0 Trash Expense 1200 Utilities Electricity AvailableNatural Gas Available Water Sewer Expense 1200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Brandon Pisciotta of RAD Real Estate Management Inc (562-799-6556) and Jack Pisciotta of RAD Real Estate Management Inc(562-799-6556)