$1,280,000
$1,399,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
4326 W 164TH ST Lawndale, CA 90260
Key Details
Sold Price $1,280,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19539200
Sold Date 03/24/20
HOA Y/N No
Year Built 1949
Property Description
This offering presents an amazing opportunity to invest in value-add apartment community in one of the most centrally located parts of the South Bay. With easy access to major employers off of Hawthorne Blvd and quick access to the freeway, this makes for a convenient location for tenants. Its proximity to the South Bay Galleria development site less than a mile away , gives this asset a clear long term strategy. That project alone should have huge impacts on values and market rents in the area. Current owner lives out of the area and has failed to raise rents over the years or manage the property correctly. Once renovated and rented at market, this will make for an incredible passive income asset with significant long term appreciation potential. Call for offers Jan 31st . Open to accepting offers beforehand with proof of funds. (one 3b2b and three 2b1b units)
Location
State CA
County Los Angeles
Area 113 - South Lawndale
Zoning LNR2YY
Interior
Fireplace No
Building
Story 1
Others
Senior Community No
Tax ID 4075006005
Special Listing Condition Standard
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Bought with Poul Erik Norgaard • Movoto Inc