4026 W 160th St - Apartments FOR SALE


Lawndale, CA 90260
$1,100,000 USD
310-593-9868
4026 W 160th St, Lawndale, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/17
null | 5.38% Cap Rate

4026 W 160th St
Lawndale, CA 90260


HIGHLIGHTS

  • Outstanding Owner-User Opportunity with Fully Renovated Front House | Highly Desirable Lawndale Location – West of Prairie Avenue
  • Front 4-Bedroom/2-Bathroom House is Vacant - Live in a Beautiful Home While Collecting Rent from Other 2 Units
  • Non-Conforming Studio Unit Delivered Vacant - RTI Plans In-Place to Convert Unit into ADU (Accessory Dwelling Unit) – Buyer to Verify
  • Situated in Lawndale School District – Within a Few Blocks of the Local Schools | No Local Rent Control – Defaults to AB 1482
  • 4-Bedroom House Completely Remodeled with New Kitchen, New Appliances, New Quartz Counters, New Bathrooms, New Washer & Dryer, New Doors & Cabinets
  • Recently Painted Property with Tremendous Curb Appeal | New Water-Efficient Landscaping & Astroturf

OVERVIEW

PRICE REDUCED BY $95,000! PROPERTY Fully renovated 4-bedroom/2-bathroom house with a 2-bedroom/1-bathroom unit and studio/1-bathroom at the rear of the property. Front 4-bedroom house is vacant which presents an outstanding owner-user opportunity for a Buyer to reside in this beautiful home and collect rent from the other 2 units. The 4-bedroom house has an open floor plan and plenty of natural light. It has been completely remodeled with new kitchen, new quartz counters, new appliances, all new bathrooms, new floors, new recessed lighting, new doors, new cabinets and new washer & dryer. The non-conforming studio unit will be delivered vacant and has RTI plans in place to convert the unit into an ADU (Accessory Dwelling Unit) – Buyer to verify. The property has tremendous curb appeal and contains new water-efficient landscaping including astroturf. Also, there are a total of 2 private garages. No local rent control – AB 1482 only. LOCATION 4026 West 160th Street is located west of Prairie Avenue, just a half-block from Alondra Park. 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. Furthermore, it is approximately 2.5 miles from SpaceX and Tesla Design Center and less than 4 miles from the Pacific Ocean and Manhattan Beach Pier. It is also in close proximity to El Camino College, Northrup Grumman and the South Bay Galleria.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$459 USD /SF

# OF UNITS

3

PRICE/UNIT

$366,667

CAP RATE

5.38%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,608 SF

ZONING

LNR2YY

APN/PARCEL ID

4074-024-009

ASK ABOUT THIS PROPERTY

Jonathan NikfarjamShield Commercial Real EstateMore Info
310-593-9868

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Jonathan NikfarjamShield Commercial Real EstateMore Info
310-593-9868

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.