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.
Property Type
Residential IncomeCounty
Los AngelesStyle
BungalowAD ID
49502771
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Interior Features: Ceiling Fan(s),All Bedrooms Down
- Property Appliances: Gas Cooktop,Gas Range
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Natural Gas,Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1948
- Building Area Total: 1,920
- Construction: Frame
- Roof: Composition
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- No Stairs
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1384
- Lot Size Source: Assessor
- Lot Size Square Feet: 6027
-
Listing Information
Listing Price Information
- Original List Price: 1,200,000
- Listing Contract Date: 2025-04-23
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4078016007
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 112 - North Lawndale
- Postal Code Plus 4: 1400
- Directions: West of Hawthorne Blvd. Marine Avenue to Kingsdale
- Zoning: LNR1YY
- Source Property Type: Residential Income
- Area: 112 - North Lawndale
- Property SubType: Apartment
Building and Construction
- Property Age: 77
- Common Walls: 2+ Common Walls,No One Above,No One Below
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/27/2025 @ 10:09
- MLS: SB25090939
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 1,920 sqft, 6,027 sized lot, and 0 parking. are nearby neighborhoods.