Lawndale, CA 90260,4326 W 164TH ST
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Lawndale, CA 90260,4326 W 164TH ST
Lawndale, CA 90260,4326 W 164TH ST

$1,280,000

Est. payment /mo

$1,399,000

8.5%
Est.Price: ?

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4326 W 164TH ST Lawndale, CA 90260

SOLD DATE : 03/24/2020

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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California Regional MLS (CRMLS)
Listed by Jonathan Weir • Marcus & Millichap
Bought with Poul Erik Norgaard • Movoto Inc

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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