For Sale Multi-Family MLS# 26998043

4574 Shadeway Road

Lakewood, CA 90713

$1,990,000

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About 4574 Shadeway Road

Fully renovated and fully leased, 4574 Shadeway Rd. combines a main residence with two completed, stabilized ADUs on an approximately 10,853-square-foot lot in Lakewood. All three residences have tenants in place, providing rental income from day one with strong current rents. The property includes two 3-bedroom, 2-bath residences and one 2-bedroom, 2-bath residence across two buildings. The renovated main home features an open living and dining area, a spacious kitchen with a large island, stainless steel appliances, designer finishes, recessed lighting and a fireplace. Updated bathrooms, in-unit laundry and on-site parking add comfort and convenience. Monte Verde Park and the San Gabriel River Parkway Nature Trail are just down the street, with convenient access to shopping, dining, El Dorado Park and the 605 freeway. Proximity to Long Beach City College and Cal State Long Beach supports renter demand. The Lakewood location also provides access to Long Beach's growing aerospace, space technology and advanced manufacturing sector, broadening the potential renter base. With renovations and ADU lease-up complete, the property offers established income for an investor or an attractive owner-occupancy option. Do not disturb occupants. Interior inspections subject to an accepted offer.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
2022
Stories
2
Living area
4,159 sqft
Price / sqft
$478
Lot
0.2492
Original price
$1,990,000
MLS #
26998043

Interior

Features
Ceiling Fan(s), Living Room, Fireplace
Appliances
Dishwasher, Disposal, Refrigerator, Washer
Flooring
Tile
Heating
Central
Windows
Double Pane Windows

Exterior & lot

Features
Parking spaces: 4
Lot
LKR1YY
Parking
Concrete, Private, Shared Driveway

Schools

District
Long Beach Unified School District

Financial

Parcel
7063001002
Special conditions
Standard

Location

Area
22 - Lakewood Estates, Lakewood Manor
County
Los Angeles
Neighborhood
Lakewood East
Directions
East of Palo Verde South of Del Amo

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Listed by Cory Bergamini, COAR Advisors

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.