Turnkey Renovated
New
For Sale
$1,485,000
4332 Andy, Lakewood, CA 90712
Fully renovated triplex with three two-bedroom, one-bath units, each with in-unit washer and dryer.
Days on Market7
Property Features for 4332 Andy
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Investment
Additional Details
Fenced Yard
Yes
Multifamily Units
3
Amenities
dual-pane windows
washer and dryer in each unit
new landscaping
perimeter fencing
Building Details
Building Size
2,400 SF
Year Built
1944
Tenancy
Multi
Listing Agency:
Keller Williams Realty SELA
(310) 774-3740
Listed By:
Robert Stepp · License #01456379
(310) 774-3740
Source:
Elliman
Added: Jul 24
Changed: Jul 26
Last Checked: Jul 29 at 1:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty SELA
Investment Insights
Based on property information with market context.
This turnkey triplex is fully renovated and designed for low-maintenance operations. The property is comprised of three two-bedroom, one-bath units with fully renovated interiors and new fixtures, appliances, and tub/shower surrounds. Recent capital improvements reported include plumbing upgrades with new drain lines, dual-pane windows, fresh interior and exterior paint, new landscaping, and perimeter fencing. Each unit also includes its own washer and dryer. Three garages provide parking, and the property includes potential for a future ADU conversion, which the buyer would need to verify.
Located in the Lakewood submarket, the property’s surrounding mobility characteristics include a walk score of 70 (Very Walkable), a bike score of 55 (Bikeable), and a transit score of 44 (Some Transit).
With three separate residences and dedicated laundry within each unit, the layout supports straightforward day-to-day tenancy while maintaining a renovated, cohesive exterior and interior presentation.
Located in the Lakewood submarket, the property’s surrounding mobility characteristics include a walk score of 70 (Very Walkable), a bike score of 55 (Bikeable), and a transit score of 44 (Some Transit).
With three separate residences and dedicated laundry within each unit, the layout supports straightforward day-to-day tenancy while maintaining a renovated, cohesive exterior and interior presentation.
Key Highlights
- Fully renovated triplex built in 1944 with three 2‑bedroom, 1‑bath units
- Approx. $160,000 in recent capital improvements: plumbing upgrades and new drain lines
- Dual‑pane windows, fully renovated interiors, new fixtures, appliances, and tub/shower surrounds
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $27.00 |
| − Vacancy | −$4.9k | −$2.05 |
| EGI | $59.9k | $24.95 |
| − OpEx | −$18.0k | −$7.48 |
| NOI | $41.9k | $17.46 |
2,400 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$598.8K
$523.9K – $698.6K
NOI $41,913 @ 7.0% cap · market cap 2.82%
Second Best
Apartment 5plus
$551.7K
$482.7K – $643.6K
NOI $38,618 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,947 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
Explore this area
Business Placement
Demographics for 90712, CA
32,332
Population
10,170
Households
3.2
Avg Household Size
40
Median Age
37%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
7,698
Density / Sq Mi
$119,246
Median Household Income
$59,395
Median Earnings
$2,302
Median Rent
$779,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated triplex with three two-bedroom, one-bath units, each with in-unit washer and dryer.
Where is this triplex located?
The property is located at 4332 Andy Lakewood, CA.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: Fully renovated triplex built in 1944 with three 2‑bedroom, 1‑bath units; Approx. $160,000 in recent capital improvements: plumbing upgrades and new drain lines; Dual‑pane windows, fully renovated interiors, new fixtures, appliances, and tub/shower surrounds
