$2,800,000
$2,850,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
15301 PRAIRIE AVE Lawndale, CA 90260
24 Beds
13 Baths
10,520 SqFt
Key Details
Sold Price $2,800,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,520 sqft
Price per Sqft $266
MLS Listing ID 20-568410
Bedrooms 24
Year Built 1960
Lot Size 0.265 Acres
Property Sub-Type Multi-Family
Property Description
This 11-unit apartment building is located in the heart of Lawndale, California. This is an opportunity to own a value-add asset in a high demand rental market with tremendous growth potential. Located Less than 2 miles away from the South Bay Galleria redevelopment project that will soon revitalize a nearly 30-acre property at the southwest corner of Artesia and Hawthorne Boulevards. The site will feature a 150-room hotel, 300 apartments, and an additional 217,000 sq. ft. of retail space and up to 175,000 sq. ft. to be used for offices. The property consists of a desirable unit mix of (1) three-bedroom/two-bathroom, (1) three-bedroom/one-bathroom, (1) two-bedroom/two-bathroom, and (8) two-bedroom/one-bathroom units. Two-bedroom units in the immediate area are currently renting from $2,050 to $2,250.
Location
State CA
County Los Angeles
Area North Lawndale
Zoning LNR3YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Assigned, Tandem
Garage Spaces 22.0
Building
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Matthews Real Estate Investment Services
