PROPERTY Four detached single-story units on a large 10,148-SF lot in Lawndale. No local rent control – AB 1482 only. The asset is comprised of (one) 3-bedroom/2-bathroom unit, (two) 2-bedroom/1-bathroom units and (one) 1-bedroom/1-bathroom unit. Furthermore, the property features 4 garages. The large lot presents a desirable opportunity to add ADUs or redevelop the property. Given the residential nature of the offering, the owner is only liable for minimal common area expenses and utility expenses. LOCATION 15240 Osage Avenue is located west of Prairie Avenue, just a few blocks from Alondra Park. It is less than 4 miles from the Pacific Ocean and Manhattan Beach Pier and in close proximity to El Camino College, Northrup Grumman and the South Bay Galleria. Furthermore, the property is situated in the Lawndale School District and is just a few blocks from Anderson Elementary School, Will Rogers Middle School and Mark Twain Elementary School. FINANCIALS The property is a residential asset which presents a desirable owner-user opportunity and allows an investor to take advantage of residential financing. Offered at a 7.48% pro-forma cap rate and 10.27 pro-forma GRM, the asset has rents which are +/- 49% below market. The property also contains stable-in place rents with a current cap rate of 4.37% and current GRM of 15.31. Please contact Allen Gholian at (310) 666-3384 or allen@shieldcre.com for more information or if you have any questions. Please do not disturb tenants. Please submit offers subject to interior inspection. Buyer to conduct their own due diligence and investigation.