Peach Tree is a 6-unit multifamily investment property located at 5250 Hayter Avenue in Lakewood, CA. 5250 Hayter Avenue offers a highly desirable mix of spacious two and three-bedroom floor plans. The three-bedroom unit features three full bathrooms, a private patio and balcony, in-unit laundry, and two-story, townhome construction. The property features amenities including an on-site laundry facility, ample garage parking, and private patios or balconies (select units). Additionally, Peach Trees’ stand-alone garage building provides new ownership with the opportunity to increase total unit count and rental income through the development of an accessory dwelling unit (ADU). 5250 Hayter Avenue has an attractive Lakewood location, situated within walking distance to Lakewood Square and Holmes Elementary School. Additionally, the property is just over 0.25 miles from the Lakewood Center, a power center featuring a collection of unparalleled shopping, restaurants, and entertainment options for tenants. Furthermore, Peach Tree is within 2 miles of the Long Beach airport, a major employment and housing driver for the area. The property’s ideal Lakewood location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Peach Tree.
Sold for $2,165,000 on 02/12/25
Listing Provided by:
Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,
Marcus & Millichap RE Invest
Bought with: Marcus & Millichap RE Invest
$2,165,000
5250 Hayter Ave, Lakewood, CA 90712
13beds
13baths
6,142sqft
Multi Family
Built in 1978
-- sqft lot
$2,128,400 Zestimate®
$352/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 12, 2025 at 05:54pm
Listing Provided by:
Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,
Marcus & Millichap RE Invest
Bought with:
Tyler Leeson, DRE #01451551
Marcus & Millichap RE Invest
Source: CRMLS,MLS#: OC24231682
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 13
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 6,142
- Total interior livable area: 6,142 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: First level
- Pool features: None
Lot
- Size: 0.25 Acres
- Features: Street Level
Details
- Parcel number: 7155003010
- Zoning: LKMFR*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks
Location
- Region: Lakewood
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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Estimated market value
$2,128,400