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Lawndale, CA 90260 14616 Osage Avenue

$1,598,700

14616 Osage Avenue Lawndale, Ca - Image 114616 Osage Avenue Lawndale, Ca - Image 214616 Osage Avenue Lawndale, Ca - Image 3
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Presented By: Gary Richardson with Strand Hill Properties; 310-480-7694
  • MLS# SB24052697
  • 03/15/2024
  • Request Tour
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  • BedBeds • 3
  • BathBaths • 2
  • FootageSQFT • 3,538
  • GarageGarage • 4

Home Details

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.
Presented By: Gary Richardson with Strand Hill Properties; 310-480-7694

Interior Features for 14616 Osage Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 14616 Osage Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLawndale
Community FeaturesCurbs
CountyLos Angeles
Days on Market48
DirectionsNorth of 147th and Osage
Electric Expense0.0
Entry Locationground
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsItem1031Exchange
Lot Size Square Feet6794.0
MLS Area112 - North Lawndale
MobileHomeRemainsYNNo
Net Operating Income71650.0
New ConstructionNo
Number of Units Leased4
Operating Expense38581.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerUnknown
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameOsage
Tax Lot5
Tenant PaysElectricity, Gas
Total Actual Rent9986.0
Total Units4
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor

Exterior for 14616 Osage Avenue

Building Area Total3538.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.156
Lot Size Area6794.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,598,700
MLS#SB24052697
List Date 03/15/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors