15301 Avis Ave, Lawndale, CA 90260

15301 Avis Ave, Lawndale, CA 90260

Lawndale, CA
$930,000

Property Description

Nice Lawndale Location! Two large 3 Bedroom detached homes situated on a huge 7,254 sq. ft lot. The front home is a 3-bedroom 1-bath, and the back home is a 3-bedroom 2-bath. Both units need some TLC. This is a terrific opportunity for an investor or an owner/user. This property is located on a nice tree lined street. Nearby to area beaches and very walkable to parks, golf course, charter school, El Camino College. Close to the South Bay Galleria, Del Amo Mall, along with easy access to the freeways, LAX, SpaceX and DTLA.

Property Features

  • Sale Price: $930,000
  • Area Size: 2,164 Sq. Ft.
  • Land Area: 7,254 Sq. Ft.
  • Year Built: 1947
  • Listing Date: 8/08/2022
  • Closing Date: 9/30/2022
  • Units: 2
  • Current GRM: 15.61
  • Current Cap Rate: 4.29%
  • Price Per Unit: $450,000
  • Market GRM: 11.36
  • Market Cap Rate: 6.61%
  • Current NOI: $38,639

Lyon Stahl Investment Real Estate

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