4051 W Rosecrans Avenue, Lawndale, CA 90260

$850,000
2,377
SqFt
Sold Price
$850,000
List Price
$899,990
Closing Date
May 13, 2020
Status
CLOSED
MLS#
SB20033056
Year Built
1937
Living Sq. Ft
2,377
Lot Size
7,221
Acres
0.1658
Lot Location
2-5 Units/Acre
Days on Market
19
Property Type
Multifamily
Stories
One Level

Property Description

Welcome to a great opportunity! First time on the market in over 30 years. Come take a look at this triplex in the City of Lawndale (Hawthorne adjacent) that is perfectly located near 405, 105, and 110 Freeways, across from the newly renovated Leuzinger High School and down the street from Space X. This income property is great for your beginner or experienced investor, developer, or homeowner that wants to collect income while living in one unit and renting out the others. The front building consists of a one bedroom one bath front unit, and a two bedroom, one bath, and the rear detached building is a three bedroom and one bath. All units are good size and have their own laundry areas as well as the large lot provides plenty of space for tenant parking. The property has been recently painted and now awaits its new owner to add their own touches. This lot has R3-R4 aspiration which means you may build 4-6 townhomes, condos, or apartments depending on your plans and parking. See City of Lawndale Residential Developmental Standards attached as a supplemental file. Buyer to satisfy themselves and complete their due diligence for building requirements with the City of Lawndale. All units currently occupied so please do not disturb owners/tenants or walk the property. Sellers/tenants may need a short rent back after COE to find replacement housing. Drive by only. Write all offers subject to inspection.

Additional Information

Tract Number
1
Lot Description
Sidewalks
Pool Description
None
View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Maureen Lee from Keller Williams South Bay

Listing sold by Maureen Lee from Keller Williams South Bay