$850,000
$899,990
5.6%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 05/13/2020
Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB20033056
Sold Date 05/13/20
HOA Y/N No
Year Built 1937
Lot Size 7,405 Sqft
Property Description
Welcome to a great opportunity! First time on the market in over 30 years. Come take a look at this triplex in the City of Lawndale (Hawthorne adjacent) that is perfectly located near 405, 105, and 110 Freeways, across from the newly renovated Leuzinger High School and down the street from Space X. This income property is great for your beginner or experienced investor, developer, or homeowner that wants to collect income while living in one unit and renting out the others. The front building consists of a one bedroom one bath front unit, and a two bedroom, one bath, and the rear detached building is a three bedroom and one bath. All units are good size and have their own laundry areas as well as the large lot provides plenty of space for tenant parking. The property has been recently painted and now awaits its new owner to add their own touches. This lot has R3-R4 aspiration which means you may build 4-6 townhomes, condos, or apartments depending on your plans and parking. See City of Lawndale Residential Developmental Standards attached as a supplemental file. Buyer to satisfy themselves and complete their due diligence for building requirements with the City of Lawndale. All units currently occupied so please do not disturb owners/tenants or walk the property. Sellers/tenants may need a short rent back after COE to find replacement housing. Drive by only. Write all offers subject to inspection.
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Zoning LNR3YY
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Sidewalks
View Y/N No
View None
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4077006025
Acceptable Financing Lease Option
Listing Terms Lease Option
Financing Cash
Special Listing Condition Standard
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Bought with Maureen Lee • Keller Williams South Bay
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Broker Associate | Lic# 01905244