House Hack of the Day (Lakewood, CA)

[Leo Quinones]

`Hello everyone! I am constantly on the hunt for HH homes all over the LA/OC area and decided to start sharing interesting properties I come across here on Bigger Pockets. 

I am a Real Estate agent in the Los Angeles/Orange County area and I was involuntarily introduced to house-hacking by one of my first clients back in 2016. She opened my eyes to the power of house hacking and I have since sold her many homes since. I strongly believe it's one of best ways to start in real estate. 

About this home: 
I'm a huge fan of Lakewood.. apart from it being a really beautiful city, it is house hack central! A lot of the homes are originally either 2bd/1ba or 3bd/1ba with 2 car detached garages and over time, a lot of the owners have added additions to their homes  making it a lot easier to split up the floor-plan, such as a this home. 

I'm also a fan of multiple exit plans, and this home seems to offer many! You could:

• live in the main house as 2bd and rent out the master and additional family room
• live in the main house as 3bd and rent out either the master or additional family room
• live in the either the master bedroom or family room and rent out the main home
• turn the family room and master bedroom into a 1 bedroom apartment to minimize occupancy (approx 2,000-2,200/mo)
• convert the garage
• test out STR (short term rental), while still producing steady rental income from other unit.

It just all depends on where you land on the Comfortability vs Profitability index. 

Lakewood, CA House Hack -  3 Bed, 2 Bath | 1,762 sf | 5,456 sf lot

• 2 Car Garage (detached)
• Corner Lot

I would love to hear the community's feedback! Is this something you would like to see more of? Any concerns or insights are also helpful too, as I am always wanting to learn more 😊 

*** Also, I do want to state that this home is not a listing of mine***