Property Description

Exceptional turnkey income and lifestyle opportunity in the desirable Lakewood Mutuals neighborhood. This unique property features a fully remodeled single-family home plus two brand-new ADU apartment units, offering flexibility for investors, owner-occupants, or multi-generational living. The front residence offers approximately 1,218 square feet with 3 bedrooms and 2 bathrooms, completely renovated throughout and complemented by a 2-car garage. Located behind the main home are two newly constructed ADU units, each approximately 1,050 square feet with 3 bedrooms and 2 bathrooms. These units feature open floor plans, modern finishes, stainless steel appliances, tankless water heaters, central A/C and heat, and brand-new systems throughout. All three units have separate electric and gas meters and separate addresses, providing efficient utility management and long-term flexibility. Ideal for owner-occupants seeking to live in one unit while renting the others, as well as large or multi-generational families looking for privacy under one roof. For investors, the property offers projected gross rents of approximately $150,600 annually once fully leased. Centrally located near shopping, dining, schools, and major transportation corridors, this is a rare opportunity to acquire a modern, low-maintenance property in one of Lakewood’s most established residential neighborhoods.

ESSENTIAL INFO

• Status: Active
• School District: Long Beach Unified