15240 Osage Avenue
Lawndale, CA 90260
3342 sqft | 8 beds | 0.23 acres | #25518701
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
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$1,245,000
- MLS #25518701
- MLS #25518701
- Cost1245000
- Acres0.233
- Square Feet3342
- Year Built1960
- Bedrooms8
- Stories1
- Parking Spaces4
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Jonathan Nikfarjam (#CLW-C100141)
Listing Office: Shield CRE, Inc. (#CLW-X82383)
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