Four Detached Single-Story Units on a Large 10,148-SF Lot | Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Two) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit | Highly Desirable Lawndale Location – West of Prairie Avenue & a Few Blocks from Alondra Park | Large Lot Presents Desirable Opportunity to Add ADUs or Redevelop the Property | No Local Rent Control – Defaults to AB 1482 | Residential Asset – Perfect Owner-User Opportunity | 7.48% Pro-Forma Cap Rate & 10.27 Pro-Forma GRM | 4.37% Current Cap Rate & 15.31 Current GRM | Four Garages | Minimal Common Area Expenses | Qualifies for Residential Financing | Situated in Lawndale School District Within a Few Blocks of the Local Schools | Less Than 4 Miles from the Pacific Ocean & in Close Proximity to El Camino College, Northrup Grumman & South Bay Galleria
Property Details
Price:
$1,245,000
MLS #:
25518701
Status:
Active Under Contract
Baths:
0
Address:
15240 Osage Avenue
Type:
Residential Income
Neighborhood:
112northlawndale
City:
Lawndale
Listed Date:
Mar 31, 2025
State:
CA
ZIP:
90260
Lot Size:
10,148 sqft / 0.23 acres (approx)
Year Built:
1960
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Schools
Interior
Exterior
Garage Spaces
4.00
Parking Features
Garage
Parking Spots
4.00
Stories Total
1
Financial
Map
Community
- Address15240 Osage Avenue Lawndale CA
- Area112 – North Lawndale
- CityLawndale
- CountyLos Angeles
- Zip Code90260
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15240 Osage Avenue
Lawndale, CA
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