$2,205,000
$2,799,000
21.2%For more information regarding the value of a property, please contact us for a free consultation.
8,276 Sqft Lot
SOLD DATE : 10/03/2019
Key Details
Sold Price $2,205,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB19116984
Sold Date 10/03/19
HOA Y/N No
Year Built 1961
Lot Size 8,276 Sqft
Acres 0.19
Property Description
A rare 10 unit investment opportunity found in one of The South Bay's ideal rental market. Lawndale, California is a great alternative to living in the hustle and bustle of Los Angeles. Urban in population but suburban in atmosphere, Lawndale is a family-friendly city nearing the Pacific Coast and popular places like Manhattan Beach. Situated about 16 miles southwest of Downtown Los Angeles, residents of Lawndale have quick and easy access to restaurants, shops, and entertainment options around the City of Angels. The property boasts 10 units (9-1 bedrooms 1 bath and a special 1- 2 bedroom 1 bath spacious unit). The building Highlights are Spacious units, On site Laundry Room, All new windows, Offsite parking and more. With highways like I-405 running directly through town, Lawndale is a very commuter-friendly city, whether traveling to nearby areas for work or play. And if you’re a frequent flyer, you’ll appreciate that the Los Angeles International Airport is a quick seven mile driving distance northwest of Lawndale!
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Rooms
Ensuite Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Interior
Laundry Location Common Area,Electric Dryer Hookup,Gas Dryer Hookup
Heating Natural Gas, Wall Furnace
Fireplaces Type None
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Assigned, Carport, Off Street
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Roof Type Flat
Parking Type Assigned, Carport, Off Street
Total Parking Spaces 12
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Sewer Unknown
Water Public
Architectural Style Contemporary
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4076019030
Energy Description 1618.0
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Gary Richardson • Strand Hill Christies International Real Estate
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Partner | Lic# DRE# 01065018/02178736