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Introducing 4723 Albury Avenue in the heart of Lakewood, a rare opportunity to own a beautifully renovated triplex offering both modern living and strong income potential. Priced at approximately $658,000 per unit with an average unit size of 1,057 SF, the property represents exceptional value compared to surrounding single family homes in the area that often sell for well over $900,000. The property features a versatile unit mix consisting of a fully renovated 3 bedroom, 2 bathroom main residence, along with two newly constructed ADUs completed in 2023. The rear units include a 3 bedroom, 2 bathroom unit and a 2 bedroom, 2 bathroom unit, each designed with modern finishes, efficient layouts, and contemporary styling. Situated on a 5,057 SF lot, the property combines the charm of a renovated front home with the efficiency and design of newly built rear units. Two of the three units are currently leased, providing immediate rental income, while a vacant 3 bedroom, 2 bathroom unit offers an ideal opportunity for an owner occupant or additional rental income. The front house was previously leased for $4,300, and would likely lease for more today. Located in one of Lakewood's most desirable neighborhoods, residents enjoy convenient access to shopping, dining, parks, and major commuter routes. This property offers a compelling combination of modern construction, rental income, and owner occupant flexibility, making it a rare opportunity in today's market. Take advantage of lowering interest rates and get into the investment you've been dreaming of!
Property Type(s):
Single Family
| Last Updated | 3/4/2026 | Year Built | 2023 |
|---|---|---|---|
| Community | 23 - Lakewood Park | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA | 23 - Lakewood Park |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s), Walk-In Closet(s) |
| LOT | 5057 sq ft |
| LOT DIMENSIONS | 51x100 |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Contemporary |
| VIEW DESCRIPTION | None |
Location
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Listed with COAR Advisors
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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