







Property Attributes
- ML#20568410
- TypeContingent
- CountyLOS ANGELES
- CityLawndale
- AreaNorth Lawndale
- Zip90260
- Style
- Price$ 2,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10520
- Lot Size11,557 SqFt
Listing Provided Courtesy Of:
David Harrington with Matthews Real Estate Investment Services.
Property Description
This 11-unit apartment building is located in the heart of Lawndale, California. This is an opportunity to own a value-add asset in a high demand rental market with tremendous growth potential. Located Less than 2 miles away from the South Bay Galleria redevelopment project that will soon revitalize a nearly 30-acre property at the southwest corner of Artesia and Hawthorne Boulevards. The site will feature a 150-room hotel, 300 apartments, and an additional 217,000 sq. ft. of retail space and up to 175,000 sq. ft. to be used for offices. The property consists of a desirable unit mix of (1) three-bedroom/two-bathroom, (1) three-bedroom/one-bathroom, (1) two-bedroom/two-bathroom, and (8) two-bedroom/one-bathroom units. Two-bedroom units in the immediate area are currently renting from $2,050 to $2,250.
Price History | |
---|---|
4/2/2020 | Listed $3,300,000 |
5/7/2020 | 4% - $3,200,000 |
7/29/2020 | 7% - $3,000,000 |
9/25/2020 | 5% - $2,850,000 |
General Features
Co-Listing Agent Last Name | Nabil |
---|---|
Co-Listing Agent Last Name | Awada |
Co-Listing Agent State License # | 02046840 |
Co-listing Agent | Nabil Awada - BRE#02046840 |
Directions | On Prairie Ave. South of Marine Ave & North of Manhattan Beach Blvd. |
Listing Agent | David Harrington - BRE#01320460 |
Listing Agent State License | 01320460 |
MLS Area | 112 - North Lawndale |
Parking Features | Assigned, Tandem Garage |
Price Per Square Foot | 270.91 |
Security Features | 24 Hour Security, Card/Code Access, Gated Community, Guarded |
Special Listing Conditions | Standard |
Total Units | 11 |
Zoning | LNR3YY |
Interior Features
Total Stories | 2 |
---|
Exterior Features
Building Area Total | 10520.00 |
---|---|
Lot Size Area | 11557.0000 |
Lot Size Square Feet | 11557.00 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool