15240 Osage Avenue, Lawndale, CA 90260 - Berkshire Hathaway HomeServices California Properties
15240 Osage Avenue Lawndale, CA 90260
$1,245,000 8 beds, 5 baths
3, 342 sqft

Agent Remarks

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

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 25518701
List price is $1,245,000
Beds: 8
Baths: 5
Built in 1960
3,342 sqft
1 story
0.23 acres
Lot size: 0.2330
County: Los Angeles
Zoning: LNR2YY
Appliances: Washer
Parking description: Garage
MLS area: 112 - North Lawndale

Last Updated: 4/15/2025

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This listing belongs to the 112 - North Lawndale MLS area

Lat/Long: 33.892462, -118.345771.
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Listing Agent: Jonathan Nikfarjam
Lic#: 01234982
Office Name: Mission Viejo

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