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Three-Unit Multifamily Property
For Sale
$1,990,000

4574 Shadeway Road, Lakewood, CA 90713

Two buildings offer a mix of two- and three-bedroom residences, all with tenants in place.

Property Size4,159 SF
Lot Size10,999.99 Acres
Price / SF$478.48
Days on Market18

Property Features for 4574 Shadeway Road

General Information

Standard status Active
Size 4,159 SF
Total Parking Spaces 4
Elevators No
Lot size 10,999.99 Acres
Property subtype Residential Income
Zoning LKR1YY
Occupancy 100%

Site & Location

Highway Access Yes
Road Access No
Public Transit No
Utilities to Site No

Units

Unit Mix 2 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units 3

Additional Details

Furnished No
Cap Rate 5.5%
Sprinkler System No
Tenant in Place Yes

Amenities

in-unit laundry
on-site parking
Ceiling Fan(s)

Building Details

Building Size 4,159 SF
Year Built 2022
Buildings 2
Stories 2
Units 3
Tenancy Multi
Abandoned No
Listed By: Sonny Bautista
Source: Csbrealty
Added: Oct 8 Changed: Oct 23 Last Checked: Oct 23 at 5:43PM

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 Sonny Bautista

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Investment Insights

Based on property information with market context.

At 4574 Shadeway Road, this Lakewood multifamily property includes three residences across two buildings, totaling 4,159 square feet on an approximately 10,853-square-foot lot. Two homes have three bedrooms and two bathrooms; the third has two bedrooms and two bathrooms. All three are leased. The main residence has an open living and dining area, a kitchen with an island and stainless steel appliances, updated bathrooms, in-unit laundry, recessed lighting, and a fireplace. The property was built in 2022 and is zoned LKR1YY.

Monte Verde Park and the San Gabriel River Parkway Nature Trail are nearby. Shopping, dining, El Dorado Park, and the 605 freeway are also accessible from the Lakewood location, as are Long Beach City College and Cal State Long Beach.

Key Highlights

  • Three residences across two buildings, with all units occupied
  • 4,159 square feet on an approximately 10,853‑square‑foot lot
  • Two 3‑bedroom, 2‑bath residences and one 2‑bedroom, 2‑bath residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,922
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,338,440 $1.3M
Cap Rate 7%
$956,029 $956.0K
Cap Rate 9%
$743,578 $743.6K
Market Conditions
NOI Build-Up for 4,159 SF
Gross rent
$132.3K $31.80/SF
− Vacancy
−$10.6K −$2.54/SF
EGI
$121.7K $29.26/SF
− OpEx
−$54.8K −$13.17/SF
NOI
$66.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,338,440
Cap Rate 7%
$956,029
Cap Rate 9%
$743,578

Alternative Uses

Best Use
Apartment 5plus
$956.0K
$836.5K – $1.12M (±1% cap)
NOI $66,922 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M (±1% cap)
NOI $155,870 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

Demographics for 90713, CA

28,755
Population
9,615
Households
3
Avg Household Size
41
Median Age
32%
College-Educated
92%
High-School Grad
3.5 sq mi
ZIP Area
8,216
Density / Sq Mi
$129,397
Median Household Income
$59,673
Median Earnings
$2,699
Median Rent
$808,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two buildings offer a mix of two- and three-bedroom residences, all with tenants in place.
Where is this multifamily property located?
The property is located at 4574 Shadeway Road Lakewood, CA.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Three residences across two buildings, with all units occupied; 4,159 square feet on an approximately 10,853‑square‑foot lot; Two 3‑bedroom, 2‑bath residences and one 2‑bedroom, 2‑bath residence
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