Peach Tree is a 6-unit multifamily investment property located at 5250 Hayter Avenue in Lakewood, CA. 5250 Hayter Avenue offers a highly desirable mix of spacious two and three-bedroom floor plans. The three-bedroom unit features three full bathrooms, a private patio and balcony, in-unit laundry, and two-story, townhome construction. The property features amenities including an on-site laundry facility, ample garage parking, and private patios or balconies (select units). Additionally, Peach Trees’ stand-alone garage building provides new ownership with the opportunity to increase total unit count and rental income through the development of an accessory dwelling unit (ADU). 5250 Hayter Avenue has an attractive Lakewood location, situated within walking distance to Lakewood Square and Holmes Elementary School. Additionally, the property is just over 0.25 miles from the Lakewood Center, a power center featuring a collection of unparalleled shopping, restaurants, and entertainment options for tenants. Furthermore, Peach Tree is within 2 miles of the Long Beach airport, a major employment and housing driver for the area. The property’s ideal Lakewood location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Peach Tree.
3 New homes on one lot! * 2 new 3 bed, 2 bath homes in the rear of the lot with 1,200 sq. ft. of open living space each * Major soundproofing done between rear units with 2 separate ceilings * Front home was torn down and replaced with a 3 bed, 2 bath that is over 1,100 sq. ft. * All 3 homes built with 9 ft. ceilings and open concept floor plans * heavy duty vinyl windows * All bathroom and shower tile from Emser tile installed on 1" thick floated cement walls using Hansgrohe valves and trim * Large solar system on each house * 30A Level 2 EV charger outlets. Designed to be as low maintenance and energy efficient as possible with windows that exceed the energy code, solar panels on all, all new cement, artificial turf with just a small planter for very little water usage, heat pump central A/C and heat with inverter compressors, Induction Ranges, all led lighting, extra insulation, hybrid heat pump water heaters, cool plus shingles * Steel and concrete staircase and landing * 5/8” drywall for stronger and more fire resistant walls and ceilings * Extra durable 8mm SPC vinyl floors * Cat 6 and coax pre wire * Gfci outlets for future bidet seats * All new cement * New block walls * All solid core interior doors * This is not going to be on the market long!! * New construction with all of the extras and under a 15 GRM!
Discover the charm and potential of this rare investor triplex opportunity in the heart of Lakewood. This property is a true gem, offering features that make it an exceptional investment opportunity. This property has three stand alone 3 bedroom homes, which the city says if developed per current city guidelines, you can build up to 16 units. The property is situated in a prime location between two large townhouse complexes. This triplex is close to a variety of amenities, including popular restaurants, the Lakewood Center Mall, Long Beach Towne Center, Cerritos Mall, Hawaiian Garden Casino, major freeways, and multiple parks offering both convenience and urban lifestyle benefits. The current tenants are long-term providing stable and immediate rental income. This is a unique opportunity that combines location, potential, and practicality. Don't miss out on this rare find in Lakewood that has huge potential upside. (Please do not disturb tenants). The seller may carryback a promissory note.
Lakewood is located in California. Lakewood, California has a population of 82,419. Lakewood is more family-centric than the surrounding county with 32.77% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Lakewood, California is $102,163. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Lakewood is 38.4 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 46.2 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.
