$4,650,000
$4,700,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
14,320 SqFt
SOLD DATE : 03/29/2023
Key Details
Sold Price $4,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,320 sqft
Price per Sqft $324
MLS Listing ID 23246583
Sold Date 03/29/23
HOA Y/N No
Year Built 1955
Lot Size 0.898 Acres
Property Description
The Lawndale Portfolio: (1) 4551 W 159th St (15 units) and (2) 14504 Avis Ave (19 units). Both properties can be sold together as a portfolio or separately. Seller's preference is to sell both properties together as a portfolio.14504 Avis Ave is a 19-unit apartment community located at the intersection of W 145th St and Avis Ave in the City of Lawndale. The 10-building community is 14,320 square feet with an average unit size of approximately 754 square feet. The low-density community sits on a large 39,137-square-foot double corner lot. Built in 1955, the subject property is 10 single-story buildings with wood-frame and stucco construction on a raised foundation. Situated in the City of Lawndale the property is not subject to the Los Angeles Rent Control Ordinance. The subject property consists of 3 one-bedroom-with-one-bath units and 16 two-bedroom-with-one-bath units. Parking is available for 20 cars. Community laundry includes two washers and two dryers along with individual storage lockers for tenant convenience. The property is separately metered for gas and electric.
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Zoning LNC4VV
Interior
Heating None
Cooling None
Fireplace No
Laundry Common Area
Exterior
Garage None
Parking Type None
Total Parking Spaces 20
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 4077015013
Special Listing Condition Standard
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Bought with Steffan Braunlich • Berkadia
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Broker Associate | Lic# 01905244