14423 Larch Avenue, Lawndale, CA 90260

$2,850,000

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Sold Price
$2,850,000
List Price
$2,900,000
Closing Date
Jan 05, 2024
Status
CLOSED
MLS#
SB23202337
Year Built
1980
Lot Size
9,738
Acres
0.22
Lot Location
Rectangular Lot, Street Level
Days on Market
4
Property Type
Multifamily
Style
Traditional
Property Sub Type
Apartment
Stories
One Level, Three Or More Levels

Property Description

12 unit value-add apartment building in a desirable and sought after location. Pride of ownership. Significant improvements during the last three years. New flooring, carpeting, upgraded plumbing, incl. water shut off valves, shower enclosures, appliances, new intercom & security cameras, painting and more. Two spacious laundry rooms with counters. One washer & dryer on each level for tenant use. Onsite manager has been there 18+ years. Good tenant chemistry. Property also professionally managed. Near schools and shopping and public transportation.

Additional Information

Appliances
Disposal, Gas Range, Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Exterior Construction
Drywall
Roof
Flat
Garage Spaces Total
17
Sewer
Public Sewer
Water
Public
Interior Features
Open Floorplan, Bedroom on Main Level
Attached Structure
Attached
Number Of Units Total
12
Gross Scheduled Income
$197,200
Operating Expense
57800

Listing courtesy of Listing Agent: Chris Broadhurst (90266chris@gmail.com) from Listing Office: Chris Broadhurst.

Listing sold by Chris Broadhurst from Chris Broadhurst

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.