4716 Graywood

CALLING ALL INVESTORS, BUILDERS, AND RENOVATORS: Situated on a massive 9,241 sqft lot in Lakewood Village, this property is the ultimate blank canvas for a ground up rebuild, full scale remodel, add-on to the existing structure, or adding multiple units to truly maximize value (verify with City of LB). The existing 3 bed, 1 bath, 1,014 sqft home features a long gated driveway leading to a detached 2 car garage. The expansive backyard offers the potential to build up to 4 units including an attached ADU, a detached ADU near the garage, and an SB9 unit on the side, or take full advantage of the huge lot to create a stunning new custom home that really makes a statement (one just sold on the same street for close to $1.4M after adjusting for commissions, and it needs to be updated throughout). You are just steps from Mayfair Park’s playgrounds, sports courts, and seasonal concerts in the park, plus a short stroll to the Norse Way Village’s dining and boutique shops. Minutes away is Lakewood Center with Home Depot, Costco and over 175 retailers, and quick drives to CSULB, local beaches, harbors, and the 91, 710, and 405 freeways. Make this home truly yours and enjoy Southern California living all year round.