14616 Osage Avenue, Lawndale, CA 90260

$1,690,000
List Price
$1,690,000
Status
ACTIVE
MLS#
SB24052697
Year Built
1964
Lot Size
6,794
Acres
0.16
Lot Location
0-1 Unit/Acre
Days on Market
38
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Own and Thrive in Lawndale - Spacious Units, Prime Location* Welcome to this exceptional 4-unit apartment building, a fantastic opportunity for owner-users and investors alike! Situated on a tranquil cul-de-sac street with ample parking, this property offers a relaxed lifestyle. The spacious front unit, boasting 3 bedrooms and 2 baths, is perfect for owner occupancy. The remaining 2-bedroom, 1-bath units provide comfortable living spaces for tenants. Two ADU opportunity for this property! Call agent for details. Enjoy strong returns with a 4.3% CAP rate (BTV) and the flexibility of owner-friendly Lawndale, free from its own rent control ordinances; subject to AB 1482 – Statewide Rent Cap The California Tenant Protection Act of 2019. See attached supplement for more information. All of this sits on a generous 6,794 Sq ft lot, near plentiful dining and shopping options.

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Unknown
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$110,232
Operating Expense
38581

Listing courtesy of Listing Agent: Gary Richardson (gary@strandhill.com) from Listing Office: Strand Hill Properties.

Mortgage Calculator

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Calculator source: Real Geeks

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.