$1,600,000
$1,600,000
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6,534 Sqft Lot
SOLD DATE : 06/11/2021
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21067952
Sold Date 06/11/21
HOA Y/N No
Year Built 1964
Lot Size 6,534 Sqft
Property Description
4752 West 159th Street is a seven-unit* apartment building for sale in Lawndale, California. This offering presents a great opportunity for an investor to acquire an asset with $125,000 in recent improvements and 25 percent potential upside in rents.
4752 West 159th Street sits on two contiguous parcels and consists of a 1964 construction on with three two-bedroom/one-bath units and four one-bedroom/one-bath units that are separately metered for gas and electricity. The property has controlled access, tuck-under parking with storage, and on-site laundry. The building boasts numerous upgrades from a recent $125,000 renovation, including unit interior upgrades, new windows, and more.
The property is located in the desirable inland South Bay rental market, where vacancy rates are consistently low, and proximate to the 405 Freeway.
*Note, title shows six units
Location
State CA
County Los Angeles
Area 113 - South Lawndale
Zoning LNC3*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Urban
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4080004029
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with John Susank • NONMEMBER MRML