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Apartments For Sale • 3,342 SF
| Four Detached Single-Story Units on a Large 10,148-SF Lot | Unit Mix of (One) 3-Bed/2-Bath Unit, (Two) 2-Bed/1-Bath Units & (One) 1-Bed/1-Bath Unit |
| Highly Desirable Lawndale Location – West of Prairie Avenue & a Few Blocks from Alondra Park | No Local Rent Control – Defaults to AB 1482 |
| Large Lot Presents Desirable Opportunity to Add ADUs or Redevelop the Property | 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 | Qualifies for Residential Financing |
| Four Garages | Minimal Common Area Expenses |
| Few Blocks from Local Schools, Less Than 4 Miles from Pacific Ocean & Close Proximity to El Camino College, Northrup Grumman & South Bay Galleria |
| Total Expenses: | $24,459 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 14 min | - | 7.6 mi |
| Long Beach (Daugherty Field) | 20 min | - | 13.8 mi |
| Bob Hope | 43 min | - | 31.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 4 |
| Type: | OneCarGarage |
| Included in Rent: | Yes |
