5250 Hayter Ave - Apartments FOR SALE


Lakewood, CA 90712
$2,165,000 USD
949-419-3252
5250 Hayter Ave, Lakewood, CA for Sale
$2,165,000 USD
Apartments - FOR SALE
1/17
null | 4.43% Cap Rate

5250 Hayter Ave
Lakewood, CA 90712


HIGHLIGHTS

  • Attractive Mix of Two & Three-Bedroom Units
  • The Only Active 5+ Unit Multifamily Listing in Lakewood, CA
  • Private Patios & Balconies | On-Site Laundry Facility | Ample Parking: 8 Garage Spaces
  • Walking Distance to Lakewood Center, a 2 Million+ SF Shopping Mall
  • One Block North of Holmes Elementary School
  • 2 Miles North of Long Beach Airport, a Major Employment Hub

OVERVIEW

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Peach Tree, 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. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$2,165,000 USD

PRICE/SF

$352 USD /SF

# OF UNITS

6

PRICE/UNIT

$360,833

CAP RATE

4.43%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Peach Tree

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

LKMFR*

APN/PARCEL ID

7255-003-010

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
949-419-3252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tyler LeesonMarcus & MillichapMore Info
949-419-3252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.