15006 Kingsdale Avenue, Lawndale, California 90260
- $1,200,000
- $1,200,000
Overview
- Apartment, Residential Income
- 1920 Sqft
- 1948
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 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.
Address
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Address: 15006 Kingsdale Avenue
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State/county: CA
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Zip/Postal Code: 90260
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Country: US
Details
Updated on July 7, 2025 at 7:25 pm-
Property ID SB25090939
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Price $1,200,000
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Property Size 1920 Sqft
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Land Area 0.1384 Acres
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Year Built 1948
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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Roof Composition
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Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling None
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Heating Natural Gas, Wall Furnace
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned
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Community Features Storm Drain(s), Street Lights, Sidewalks, Park
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Architectural Style Bungalow
Mortgage Calculator
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