16505-16509 1/2 Prairie Ave - Apartments FOR SALE


Lawndale, CA 90260
$2,070,000 USD
626-255-4255
16505-16509 1/2 Prairie Ave, Lawndale, CA for Sale
$2,070,000 USD
Apartments - FOR SALE
1/29
null | 4.65% Cap Rate

16505-16509 1/2 Prairie Ave
Lawndale, CA 90260


HIGHLIGHTS

  • Renovated units
  • Stable Tenantss
  • Two parcels

OVERVIEW

Well located 8 unit property near 405 freeway . Five of the units have been fully renovated including new flooring, kitchen cabinets, appliances, granite counter tops and new windows. The entire property features all new landscaping, hardscape and patio area. Stable tenants. All units are individually metered for gas and electricity.

FOR SALE DETAILS

PRICE

$2,070,000 USD

PRICE/SF

$784 USD /SF

# OF UNITS

8

PRICE/UNIT

$258,750

CAP RATE

4.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,601 SF

ZONING

LNR4YY

APN/PARCEL ID

4074-019-015,4074-019-016

ASK ABOUT THIS PROPERTY

Michael CirritoITRG CommercialMore Info
626-255-4255

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Michael CirritoITRG CommercialMore Info
626-255-4255

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