Lawndale, CA90260
| 8182 sqft | MLS# PV26053300
Tract:
For Sale $2,425,000
Description
Wow, check the lot size on this 7-unit property consisting of one single-family house and three duplexes! With a nearly 25,000 sq ft flat lot, the possibilities for future development are varied. 4326 W. 149th St. is not your typical Lawndale apartment complex. Each unit has an outdoor patio or yard space with a private garage. The six duplex apartments have three bedrooms with 1.5 baths. The two-bedroom single-family house has a two-car detached garage and a private yard. All units are leased to long-term tenants on a month-to-month basis. Rents are current and below market and are scheduled for a $100-per-unit rent increase on July 1, 2026. The property offers easy access to several freeways and is close to the amenities of the Beach Cities, making it a desirable location for tenants and a savvy purchase for investors. The cap rate is 4.8% without the property management fee of $9,300, and will surpass 5% with the upcoming July rent increase. PLEASE respect the tenants' privacy, and DO NOT WALK THE PROPERTY. Showings may be scheduled with the listing agent upon submission of a written offer AND proof of funds and/or loan pre-approval. Thank you for your cooperation.
Facts
| Built in 1963 | Lot Size: 24998.00 sqft | HOA Dues: $0/month
Features
Listing provided by Norma Toering, Charlemagne Int'l Properties
Based on information from California Regional Multiple Listing Service, Inc. as of March 17, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.