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Listed by Michael McKinney • Lyon Stahl Investment Real Estate, Inc.
$1,200,000
Est. payment /mo
6,027 Sqft Lot
New
15006 Kingsdale AVE Lawndale, CA 90260
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25090939
Style Bungalow
Originating Board California Regional MLS
Year Built 1948
Lot Size 6,027 Sqft
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 6.34% CAP rate (+Almost a 7% 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 California's Tenant Protection Act SB 1482. 15006 Kingsdale Avenue presents a solid and stable asset in one of the South Bay's desirable submarkets.
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Rooms
Kitchen Other, Oven Range - Gas
Interior
Heating Gas, Wall Furnace
Cooling None
Laundry None
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool 31, None
View None
Roof Type Composition
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Architectural Style Bungalow
Others
Tax ID 4078016007
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