4539 W 159th Street, Lawndale, CA 90260

$3,499,000
List Price
$3,499,000
Status
ACTIVE
MLS#
SB17257603
Year Built
1987
Lot Size
9,444
Lot Location
Lot Shape-Rectangular
Days on Market
7
Property Type
Multifamily
Stories
Three Or More Levels

Property Description

10 LARGE units and 30 years newer than the typical South Bay apartment asset. The subject property has a secured, glass entry and on-grade parking structure with 20 striped spaces - and 2 additional spots for the dumpster and vent piping. The unit mix of all 2 bedrooms 1 baths and 3 bedrooms 1.75 baths lends itself to tenant-stability. 4 units rehabbed and copper plumbing, too. The building is well-located (10 minute drive to Manhattan Beach Pier) and extremely well-run by the local, hands-on owner. No rent control, no annual code enforcement, no mandatory seismic/soft-story retrofit work. An ideal "buy-and-hold".

Additional Information

Tract Number
5651
Lot Description
Curbs
Pool Description
None
Water
Public
Attached Structure
Attached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Brice Head from Re/Max Commercial & Investment

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.