Lawndale, CA 90260,15006 Kingsdale Avenue
Lawndale, CA 90260,15006 Kingsdale Avenue
Lawndale, CA 90260,15006 Kingsdale Avenue
3
$1,200,000
$1,200,000
Est.Price: ?

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15006 Kingsdale Avenue Lawndale, CA 90260

Est. payment /mo
SOLD DATE : 07/03/2025

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Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25090939

Sold Date 07/03/25

Property Sub-Type Res Income 2-4 Units

Property Description

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 6.17% CAP rate, (a 6.8% 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 Californias Tenant Protection Act SB 1482. 15006 Kingsdale Avenue presents a solid and stable asset in one of the South Bays desirable submarkets.

Location

State CA

County Los Angeles

Zoning Assessor

Direction West of Hawthorne Blvd. Marine Avenue to Kingsdale

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Tax ID 4078016007

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MLS Router / San Diego MLS
Listed by Michael McKinney Lyon Stahl Investment Real Estate, Inc.
Bought with Olga Wright Lyon Stahl Investment Real Estate, Inc.

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David Spiewak

David Spiewak

Agent | License ID: 1878467

+1(858) 527-2269

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