Prime Lawndale location: 8-Unit Investment Opportunity located just west of Hawthorne Boulevard and minutes from Manhattan Beach and El Segundo in a high-demand rental market. The property consists of eight studio units, equipped with a kitchen and 3/4 bathroom. The property delivers a strong current income with a 6.34% CAP rate (+Almost a 7% CAP without professional management) and a 9.98 GRM.
Recent upgrades include a newer roof, fresh slurry coat on the driveway, and copper plumbing reducing future maintenance costs and enhancing long-term value.
Ideally situated near major employment centers and retail destinations like Manhattan Beach Village, The Point in El Segundo, Costco, and Best Buy. The central location also enjoys proximity to LAX, El Segundo tech and aerospace hubs, and beachside communities. With easy access to the 405, 105, and 91 freeways, tenants enjoy many conveniences.
With a Walk Score of 88, this location is considered “Very Walkable,” giving residents access to local shops, dining, and transit options. The property is not subject to local rent control and is governed only by California’s Tenant Protection Act SB 1482. 15006 Kingsdale Avenue presents a solid and stable asset in one of the South Bay’s desirable submarkets.
Recent upgrades include a newer roof, fresh slurry coat on the driveway, and copper plumbing reducing future maintenance costs and enhancing long-term value.
Ideally situated near major employment centers and retail destinations like Manhattan Beach Village, The Point in El Segundo, Costco, and Best Buy. The central location also enjoys proximity to LAX, El Segundo tech and aerospace hubs, and beachside communities. With easy access to the 405, 105, and 91 freeways, tenants enjoy many conveniences.
With a Walk Score of 88, this location is considered “Very Walkable,” giving residents access to local shops, dining, and transit options. The property is not subject to local rent control and is governed only by California’s Tenant Protection Act SB 1482. 15006 Kingsdale Avenue presents a solid and stable asset in one of the South Bay’s desirable submarkets.
Property Details
Price:
$1,200,000
MLS #:
SB25090939
Status:
Active
Baths:
0
Address:
15006 Kingsdale Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
112northlawndale
City:
Lawndale
Listed Date:
Apr 23, 2025
State:
CA
ZIP:
90260
Lot Size:
6,027 sqft / 0.14 acres (approx)
Year Built:
1948
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Schools
Interior
Accessibility Features
No Interior Steps
Appliances
Gas Range, Gas Cooktop
Cooling
None
Fireplace Features
None
Heating
Natural Gas, Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights
Garage Spaces
0.00
Lot Features
Level with Street, Near Public Transit, Park Nearby
Parking Features
Assigned
Parking Spots
8.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address15006 Kingsdale Avenue Lawndale CA
- Area112 – North Lawndale
- CityLawndale
- CountyLos Angeles
- Zip Code90260
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15006 Kingsdale Avenue
Lawndale, CA
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