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$1,245,000
Est. payment /mo
8 Beds
5 Baths
3,342 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,342 sqft
Price per Sqft $372
MLS Listing ID 25518701
Bedrooms 8
HOA Y/N No
Year Built 1960
Lot Size 10,149 Sqft
Property Description
Four Detached Single-Story Units on a Large 10,148-SF Lot | Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Two) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit | Highly Desirable Lawndale Location - West of Prairie Avenue & a Few Blocks from Alondra Park | Large Lot Presents Desirable Opportunity to Add ADUs or Redevelop the Property | No Local Rent Control - Defaults to AB 1482 | Residential Asset - Perfect Owner-User Opportunity | 7.48% Pro-Forma Cap Rate & 10.27 Pro-Forma GRM | 4.37% Current Cap Rate & 15.31 Current GRM | Four Garages | Minimal Common Area Expenses | Qualifies for Residential Financing | Situated in Lawndale School District Within a Few Blocks of the Local Schools | Less Than 4 Miles from the Pacific Ocean & in Close Proximity to El Camino College, Northrup Grumman & South Bay Galleria
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Zoning LNR2YY
Interior
Fireplace No
Appliance Washer
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4076004005
Special Listing Condition Standard
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Listed by Jonathan Nikfarjam • Shield CRE, Inc.