4419 W 162Nd Street

  • Lawndale

  • $5,580,000
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Residential Income Details

Description
Incredible Location ~ Fully-occupied ~ Not in Rent Controlled area! Amazing opportunity to own this well-maintained 10-unit Apartment building in a highlv visible and central location in the heart of South Bay! Conveniently located near the border of Torrance and Redondo Beach, this well-designed complex was built in 1991 and has been well-managed ever since. With only a 10-mins drive to the beach and 15 mins to LAX, owner has enjoyed extremely low vacancy rates and can easily find new tenants when available. Each unit comprises of approx. 1043 sf, with identical 2-bed/ 1.5 bath floorplans. Every individual unit possesses its own laundry hookups, separate electric & gas meters, spacious living room, and various improvements/ upgrades over the years. In addition, this Apartment building includes Automatic gated Parking with 22 subterranean parking spaces. Super convenient access to the 405 freeway and Hawthorne Blvd, nearby Southbay Galleria Shopping Mall, El Camino College, and plenty of incredible restaurants, shopping, amenities and much much more! Situated in a great stable neighborhood with strong demand for housing, this incredible opportunity offers nice upside for increased potential rents.
Essential
MLS #AR18017412
Price$5,580,000
Number of Units10
Sale TypeStandard
Sub-TypeApartment
StatusActive
Listing BrokerageCBD Investment Inc T.C.
Listing AgentYuemei Cheng
Listing Agent BRE #01953253
Interior
CoolingCentral
HeatingCentral Furnace
FireplaceNone
Exterior
ParkingAssigned,Controlled Entrance,Subterranean
Garage Spaces22
ViewNeighborhood
PoolNone
SpaNone
Community
Area112 - North Lawndale
CommunitySidewalks,Street Lighting,Suburban
Address4419 W 162Nd Street
CityLawndale
CountyLos Angeles
StateCA
ZipCode90260
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, July 23, 2018. 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.