15240 Osage Avenue Save Request In-Person Tour Request Virtual Tour
Lawndale,CA 90260
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,342 sqft
Price per Sqft $372
MLS Listing ID CL25518701
Bedrooms 8
Year Built 1960
Lot Size 10,148 Sqft
Property Sub-Type OTHER
Property Description
Four Detached Single-Story Units on a Large 10,148-SF Lot | Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Two) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit | Highly Desirable Lawndale Location - West of Prairie Avenue & a Few Blocks from Alondra Park | Large Lot Presents Desirable Opportunity to Add ADUs or Redevelop the Property | No Local Rent Control - Defaults to AB 1482 | Residential Asset - Perfect Owner-User Opportunity | 7.48% Pro-Forma Cap Rate & 10.27 Pro-Forma GRM | 4.37% Current Cap Rate & 15.31 Current GRM | Four Garages | Minimal Common Area Expenses | Qualifies for Residential Financing | Situated in Lawndale School District Within a Few Blocks of the Local Schools | Less Than 4 Miles from the Pacific Ocean & in Close Proximity to El Camino College, Northrup Grumman & South Bay Galleria
Location
State CA
County Los Angeles
Zoning LNR2
Interior
Laundry Washer
Building
New Construction No