Address
15301 Prairie Avenue Lawndale, CA
Price
$ 2,850,000
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

Property vs Zip Code Average in 90260

Price
AVG $1.2M
$2.85M
Visits
AVG 89
294
Year Built
AVG 1960
1960
Walkscore
AVG 75
76
Data Provided by Walkscore ® not using MLS data

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