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
Sold for $1,345,000 on 05/16/25
$1,345,000
15240 Osage Ave, Lawndale, CA 90260
8beds
5baths
3,342sqft
Multi Family
Built in 1960
-- sqft lot
$1,326,200 Zestimate®
$402/sqft
$3,181 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 08:46am
Listed by:
Jonathan Nikfarjam DRE # 01856803 310-880-6807,
Shield CRE, Inc. 310-593-9869
Bought with:
Andrew Watkins, DRE # 01478668
Century 21 Masters
Source: CLAW,MLS#: 25518701
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Other
Cooling
- Other
Appliances
- Included: Washer
- Laundry: Gas Or Electric Dryer Hookup
Interior area
- Total structure area: 3,342
- Total interior livable area: 3,342 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,149 sqft
Details
- Additional structures: Other
- Parcel number: 4076004005
- Zoning: LNR2YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Lawndale
HOA & financial
Other financial information
- Total actual rent: 81300
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Estimated market value
$1,326,200