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$2,650,000
Est. payment /mo
0.57 Acres Lot
UPDATED:
11/06/2024 05:44 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV24191497
HOA Y/N No
Year Built 1963
Lot Size 0.574 Acres
Property Description
You read that right; the lot is nearly 25,000 square feet! Think of the possibilities for future expansion. The two-bedroom single-family house has a two-car detached garage. There are three separate duplex buildings (six units), each with a one-car attached garage. The units are fully leased to long-term tenants on a month-to-month basis, and all rents are current. Lawndale is conveniently located close to the convergence of several freeways, plus the Beach Cities and the beach are nearby. The afternoon breeze is one of the perks of the property's Southern California coastal location. Not to mention fine dining, shopping, and the convenience of owning rental property in a sought-after community where rental demand exceeds the supply. Tax assessor records state 8182 as total sq. ft. of units.
Please respect the tenants' privacy and DO NOT walk the property. Please direct any questions to the listing agent. Thank you!
Please respect the tenants' privacy and DO NOT walk the property. Please direct any questions to the listing agent. Thank you!
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Interior
Fireplace No
Laundry Washer Hookup, Inside
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Level
Story 1
Entry Level One
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4077022030
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Trust
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Listed by Norma Toering • Charlemagne Int'l Properties • 310-493-8333