15927 Prairie Ave, Lawndale, CA 90260

15927 Prairie Ave, Lawndale, CA 90260

Lawndale, CA

Property Description

15927 Prairie Avenue in Lawndale is a well maintained 2 story, 9-unit (townhome style) apartment building located in the southeast neighborhood of Lawndale, where only 41% of residents are homeowners. Built in 1983, the 9,415 square foot building sits on a 6,950 square foot lot and is comprised of (7) 2 bed/1.5 bath and (2) 2 bed/2 bath, all townhome style units and outfitted with copper plumbing. The roof and gutters were replaced less than 10 years ago, and all the furnaces and hot water heaters have recently been refurbished or replaced. Each of the 2 bed/2 bath units are equipped with washer/dryer hookups in a laundry room, while the other units are serviced by a communal laundry room onsite.Just three miles from the Pacific Ocean and less than a mile from the 405 freeway, tenants enjoy the convenience to both work and play. The property is in close proximity to entertainment, including the South Bay Galleria, recently approved for a $900M renovation.

Property Features

  • Sale Price: $2,725,000
  • Area Size: 6950 SF
  • Year Built: 1983
  • Listing Date: 4/30/2020
  • Closing Date: 7/16/20
  • Units: 9
  • Current NOI: $112,271

Lyon Stahl Investment Real Estate

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