15240 Osage Ave

Lawndale,CA 90260

$ 1245000

8 Beds

5 Baths

3342 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,342 sqft

Price per Sqft $372

MLS Listing ID 25518701

Bedrooms 8

Year Built 1960

Annual Tax Amount $15,563

Lot Size 10,148 Sqft

Property Sub-Type Multi-Family

Property 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

Location

State CA

County Los Angeles

Area North Lawndale

Zoning LNR2YY

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Gas Or Electric Dryer Hookup, Washer

Exterior

Parking Features Garage

Garage Spaces 4.0

Building

Story 1

Others

Special Listing Condition Standard

View More
Favorite Go Tour