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    5250 Hayter Ave Lakewood, CA 90712-2332
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    Property profile & analytics

    5250 Hayter Ave Lakewood, CA 90712-2332


    • Apartment buildings
    • 6,142 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Feb 12, 2025
    $2,165,000
    Property ID
    US09-7012115
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,120,000
    Show details
    Cap Rate Potential
    4.8%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 5250 Hayter Ave

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    6,142 SF
    Zone code
    LKMFR*
    Property type
    Apartment buildings
    APN
    7155-003-010
    APU
    7155003010

    Description

    This two-story, 6-unit apartment building in Lakewood, CA, offers a compelling investment opportunity. The property, built in 1978, boasts 6,142 square feet on a 0.25-acre lot and features a desirable mix of spacious two and three-bedroom units. Three-bedroom units include three full bathrooms, private patios and balconies, and in-unit laundry. Amenities include an on-site laundry facility and ample garage parking (8 spaces). Select units offer private patios or balconies. The property's stand-alone garage building presents potential for expansion, such as adding an accessory dwelling unit (ADU) to increase rental income. Its prime location is within walking distance of Lakewood Square and Holmes Elementary School, and just over 0.25 miles from the Lakewood Center, a large shopping mall with numerous restaurants and entertainment options. The proximity to Long Beach Airport (within 2 miles) further enhances its appeal. The current NOI is $95,944, with a pro-forma NOI of $143,717, resulting in a 4.43% cap rate and a pro-forma cap rate of 6.64%. The asking price is $2,165,000, or $360,833 per unit. The property is offered fee simple. Please note: Drive by only


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,075,000
      ML approach
      $2,075,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,645,000
      6.5%
      $1,520,000
      7%
      $1,410,000
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,925,000
      Current use
      AUTO REPAIR, GARAGE
      $2,840,000
      Change: +47% Conversion: Difficult
      MEDICAL BUILDING
      $2,790,000
      Change: +45% Conversion: Moderate
      OFFICE BUILDING
      $2,755,000
      Change: +43% Conversion: Moderate
      RETAIL STORES
      $2,355,000
      Change: +22% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,900,000
      Change: -1% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.146
    Latitude
    33.8535
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,416
    $324,985
    $487,488
    $812,473
    -
    $0.00
    $0.00
    $0.00
    More about this property
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