Own and Thrive in Lawndale - Spacious Units, Prime Location* Welcome to this exceptional 4-unit apartment building, a fantastic opportunity for owner-users and investors alike! Situated on a tranquil cul-de-sac street with ample parking, this property offers a relaxed lifestyle. The spacious front unit, boasting 3 bedrooms and 2 baths, is perfect for owner occupancy. The remaining 2-bedroom, 1-bath units provide comfortable living spaces for tenants. Two ADU opportunity for this property! Call agent for details. Enjoy strong returns with a 4.5% CAP rate (BTV) and the flexibility of owner-friendly Lawndale, free from its own rent control ordinances; subject to AB 1482 - Statewide Rent Cap The California Tenant Protection Act of 2019. See attached supplement for more information. All of this sits on a generous 6,794 Sq ft lot, near plentiful dining and shopping options.
MLS# | SB24052697 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1964 |
Days On Site | 181 |
Listing Provided By | Strand Hill Properties | Gary Richardson |
SQ Feet | 3,538 |
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Garage | 4 |
Story(s) | 2 |
Units | 4 |
Building(s) | 1 |
Acreage | 0.16 |
State | CA |
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County | Los Angeles |
City | Lawndale |
Zip Code | 90260 |
Area | 112 North Lawndale |
Listing VS Median (in 90260) | |
Price: $1,598,700 low | high Med: $1,600,000 SqFt: 3,538 low | high Med: 10,000 $ / SqFt: $452 low | high Med: $160 On Site: 181 low | high Med: 227.000000 |