CA > Lakewood
Lakewood, CA 90712,5250 Hayter AVE
Lakewood, CA 90712,5250 Hayter AVE
Lakewood, CA 90712,5250 Hayter AVE
Lakewood, CA 90712,5250 Hayter AVE
Lakewood, CA 90712,5250 Hayter AVE
Lakewood, CA 90712,5250 Hayter AVE
Tony English
Tony English

Broker | License ID: 01363194

+1(949) 463-1085

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$ 2,165,000

$ 2,165,000

Est. payment | /mo

0.25 Acres Lot

$ 2,165,000

$ 2,165,000

Est. payment | /mo

0.25 Acres Lot

Key Details

Sold Price $2,165,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24231682

Sold Date 02/12/25

HOA Y/N No

Year Built 1978

Lot Size 10,890 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LKMFR*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7155003010

Energy Description 1639.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com
Bought with Tyler Leeson • Marcus & Millichap RE Invest
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

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5250 Hayter AVE