Lawndale, CA 90260,15006 Kingsdale Avenue
Listed by Michael McKinney • Lyon Stahl Investment Real Estate, Inc.
Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.

$1,200,000

Est. payment /mo

$1,200,000

Est.Price: ?

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15006 Kingsdale Avenue Lawndale, CA 90260

1,920 SqFt

SOLD DATE : 07/03/2025

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $625

MLS Listing ID CRSB25090939

Year Built 1948

Lot Size 6,027 Sqft

Property Sub-Type Other

Property Description

Prime Lawndale location: 8-Unit Investment Opportunity located just west of Hawthorne Boulevard and minutes from Manhattan Beach and El Segundo in a high-demand rental market. The property consists of eight studio units, equipped with a kitchen and 3/4 bathroom. The property delivers a strong current income with a 6.17% CAP rate, (a 6.8% CAP without professional management), and a 9.98 GRM. Recent upgrades include a newer roof, fresh slurry coat on the driveway, and copper plumbing reducing future maintenance costs and enhancing long-term value. Ideally situated near major employment centers and retail destinations like Manhattan Beach Village, The Point in El Segundo, Costco, and Best Buy. The central location also enjoys proximity to LAX, El Segundo tech and aerospace hubs, and beachside communities. With easy access to the 405, 105, and 91 freeways, tenants enjoy many conveniences. With a Walk Score of 88, this location is considered “Very Walkable,” giving residents access to local shops, dining, and transit options. The property is not subject to local rent control and is governed only by California’s Tenant Protection Act SB 1482. 15006 Kingsdale Avenue presents a solid and stable asset in one of the South Bay’s desirable submarkets.

Location

State CA

County Los Angeles

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Laundry No Hookups

Exterior

View None

Building

Lot Description Level, Other

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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