$966,000
$949,999
1.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,893 SqFt
SOLD DATE : 05/12/2023
Key Details
Sold Price $966,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,893 sqft
Price per Sqft $510
MLS Listing ID 23242709
Sold Date 05/12/23
Bedrooms 5
HOA Y/N No
Year Built 1961
Lot Size 5,797 Sqft
Property Description
Welcome to your next investment opportunity in Lawndale! This beautiful duplex offers a fantastic chance for owner-users or investors to maximize their returns. The property features two units with ample living space, each with its own private gated yard and parking. One of the units is currently rented for $1,800 per month, while the other 3-bedroom, 1-bath unit is delivered vacant, with rental comps suggesting a potential monthly rent of $3,200-3,500. Not only is this duplex a great investment opportunity, but it also offers significant potential for value-add upgrades. Location is key, and this property is ideally situated in the heart of Lawndale. Enjoy easy access to local restaurants, shopping centers, and the popular South Bay Galleria mall, all within walking distance. Plus, the beautiful beaches of the South Bay area are just a short drive away. Don't miss out on this prime investment opportunity in Lawndale. With its excellent location and potential for value-add upgrades, this duplex is sure to generate strong returns. Schedule a viewing today
Location
State CA
County Los Angeles
Area 113 - South Lawndale
Zoning LNR2YY
Interior
Interior Features Ceiling Fan(s)
Heating Natural Gas, Wall Furnace
Cooling None
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Microwave, Oven, Range
Laundry Laundry Room, Outside
Exterior
Parking Features Assigned, Driveway
Pool None
Community Features Gated
View Y/N No
View None
Porch None
Total Parking Spaces 3
Private Pool No
Building
Lot Description Back Yard, Front Yard, Rectangular Lot, Yard
Faces West
Story 1
Sewer Other
Architectural Style Traditional
New Construction No
Schools
School District Lawndale
Others
Senior Community No
Tax ID 4081004034
Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Greg Roberts • Coldwell Banker Realty