$1,450,000
$1,299,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
4558 W 173rd ST Lawndale, CA 90260
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB18225581
Sold Date 10/31/18
HOA Y/N No
Year Built 1958
Property Description
We are pleased to present 4558 W 173rd street, a multi-family 8-unit property. This property includes 1-(2 bed/1 bath) and 7-(1 beds/1 bath) along with 8 parking spaces and sufficient street parking directly off of 173rd. There is currently no rent control in Lawndale which gives the new owner strong upside potential, with a current cap rate of 4.56% and proforma of 5.83%.
Located at the heart of the South Bay and a short walking distance to restaurants, retail and entertainment, as well as quick freeway access this property maintains its desirability and represents an excellent opportunity for investors of all kinds.
Location
State CA
County Los Angeles
Area 113 - South Lawndale
Zoning LNR3PY
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Street Lights, Sidewalks
Roof Type Tar/Gravel
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sloped Down
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4081025047
Energy Description 1823.0
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Charles Fisher • Re/Max Estate Properties