15240 Osage Avenue,Lawndale, CA 90260
Lawndale, CA 90260
Description
Four Detached Single-Story Units on a Large 10,148-SF Lot | Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Two) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit | Highly Desirable Lawndale Location - West of Prairie Avenue & a Few Blocks from Alondra Park | Large Lot Presents Desirable Opportunity to Add ADUs or Redevelop the Property | No Local Rent Control - Defaults to AB 1482 | 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 | Four Garages | Minimal Common Area Expenses | Qualifies for Residential Financing | Situated in Lawndale School District Within a Few Blocks of the Local Schools | Less Than 4 Miles from the Pacific Ocean & in Close Proximity to El Camino College, Northrup Grumman & South Bay Galleria
Details
| MLS# | 25518701 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1960 |
| Days On Site | 26 |
| Listing Provided By | Shield CRE, Inc. 310-593-9869 | Jonathan Nikfarjam |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,342 |
| Garage | 4 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 4 |
| Zoning | LNR2YY |
| Acreage | 0.23 |
Market Activity 90260
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lawndale |
| Zip Code | 90260 |
| Area | 112 North Lawndale |
| Listing VS Median (in 90260) | |
Price: $1,245,000 low | high Med: $885,000 SqFt: 3,342 low | high Med: 1,123 $ / SqFt: $373 low | high Med: $788 On site: 26 low | high Med: 15.000000 | |