$2,025,000
$1,900,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
4425 W 159th Street Lawndale, CA 90260
5,224 SqFt
Key Details
Sold Price $2,025,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,224 sqft
Price per Sqft $387
MLS Listing ID CL26996965
Sold Date 11/03/26
HOA Y/N No
Year Built 1958
Lot Size 0.289 Acres
Acres 0.2893
Property Sub-Type Other
Property Description
Excellent opportunity to acquire a fully occupied, 12-unit apartment building in a desirable Torrance-adjacent location, just off Hawthorne Boulevard, the city's bustling commercial and retail corridor. This well-located property offers residents convenient access to shopping, dining, entertainment, and everyday amenities, with nearby 405 Freeway access providing easy connectivity throughout the South Bay and greater Los Angeles. Situated on a generous 12,603 SF lot, the 5,224 SF building features 12 one-bedroom, one-bathroom units, along with 12 covered parking spaces housed in two six-car carports. An on-site coin-operated laundry facility provides an additional revenue stream. With 100% occupancy, the property delivers immediate, stabilized rental income from an established tenant base. Offered at $1,900,000, the property generates annual Gross Operating Income of $176,552, including $2,516 in laundry revenue, and Net Operating Income of $103,116 based on 2025 operating expenses. These figures translate to an attractive 5.43% capitalization rate and 10.76 gross rent multiplier. Beyond its strong in-place income, the property presents compelling opportunities for future growth through strategic interior upgrades and rent optimization, subject to applicable regulations. With its desirable Torrance-adjacent location, stable occupancy, generous lot size, and potential for increased returns, this property offers investors an appealing combination of current cash flow and long-term value creation in one of the South Bay's established rental markets.
Location
State CA
County Los Angeles
Zoning LNC3*
Interior
Heating Gravity
Fireplace No
Laundry Common Area
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 4074001017
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Bought with JonathanNikfarjam
NEARBY SCHOOLS & BUSINESSES



