15927 Prairie Avenue

    Lawndale, CA 90260
    • $2,900,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 20574854
    UPDATED: 23 min ago
    $2,900,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:

    School Ratings & Info

    Description

    PRICE ADJUSTMENT. 15927 Prairie Avenue in Lawndale is a well maintained 2 story, 9-unit (all townhome style) apartment building located in a designated Opportunity Zone. 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, all the furnaces and hot water heaters were recently 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 South Bay Galleria, recently approved for a $900M renovation with outdoor retail, office and entertainment, is right around the corner.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T13:27:28.097. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

    www.inlandempiresold.com/homes/105447719

    15927 Prairie Avenue Lawndale, CA 90260

    • Price: $2,900,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: 20574854
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1983
    Built
    Neighborhood:
    113 - South Lawndale
    County:
    Los Angeles
    Area:
    113 - South Lawndale
    Property Description
    PRICE ADJUSTMENT. 15927 Prairie Avenue in Lawndale is a well maintained 2 story, 9-unit (all townhome style) apartment building located in a designated Opportunity Zone. 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, all the furnaces and hot water heaters were recently 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 South Bay Galleria, recently approved for a $900M renovation with outdoor retail, office and entertainment, is right around the corner.
    Exterior Features

    Lot Size Units Square Feet Parking Features Subterranean Parking YN Yes

    Interior Features

    Appliances DishwasherDisposalMicrowave Appliances YN Yes Cooling None Cooling YN No Heating Forced Air Heating YN Yes

    Property Features

    Gross Income 178164.00 Gross Multiplier 16.17 Gross Operating Income 174019.00 Net Operating Income 116370.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 57649.00 Vacancy Allowance Rate 3.00 Zoning Lnr4yy

    Listing provided courtesy of Daniel Shieh of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T13:27:28.097. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

     
    RE/MAX Empire Properties
    street
    Hemet CA, 92545