14616 Osage Avenue, Lawndale, CA 90260

$1,598,700
List Price
$1,598,700
Price Change
▼ $91,300 1714760001
MLS#
SB24052697
Status
ACTIVE
Type
Multifamily

Property Description

Own and Thrive in Lawndale - Spacious Units, Prime Location* Welcome to this exceptional 4-unit apartment building, a fantastic opportunity for owner-users and investors alike! Situated on a tranquil cul-de-sac street with ample parking, this property offers a relaxed lifestyle. The spacious front unit, boasting 3 bedrooms and 2 baths, is perfect for owner occupancy. The remaining 2-bedroom, 1-bath units provide comfortable living spaces for tenants. Two ADU opportunity for this property! Call agent for details. Enjoy strong returns with a 4.5% CAP rate (BTV) and the flexibility of owner-friendly Lawndale, free from its own rent control ordinances; subject to AB 1482 Statewide Rent Cap The California Tenant Protection Act of 2019. See attached supplement for more information. All of this sits on a generous 6,794 Sq ft lot, near plentiful dining and shopping options.

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Courtesy of Strand Hill Properties, Gary Richardson.