15917 Prairie Ave Lawndale, CA 90260
Lawndale AreaEstimated payment $13,081/month
Highlights
- No HOA
- Laundry Facilities
- Wall Furnace
About This Home
PRIME LOCATION | 7 UNITS | ADU POTENTIAL | VALUE-ADD OPPORTUNITY Welcome to 15917 Prairie Ave, a well-located multi-unit investment opportunity in the heart of Lawndale. This 7-unit property offers strong in-place income with additional upside, making it ideal for investors seeking both stability and future growth. Situated in a highly desirable rental area with close proximity to major freeways, employment centers, and the South Bay, this property benefits from consistent tenant demand and long-term appreciation potential. The property features a solid unit mix and presents a value-add opportunity with the potential to build a 2-bedroom ADU, allowing a new owner to increase cash flow and maximize the property’s full potential.
Perfect for investors looking for:
• Strong rental location with high demand
• Long-term hold with appreciation upside
• ADU development potential
• Increased cash flow through expansion
Whether you're looking to expand your portfolio or capitalize on added unit potential, this is a rare opportunity in a prime Lawndale location.
Don’t miss out on this high-upside investment opportunity.
Listing Agent
Won Suk Kim Real Estate, Inc. Brokerage Phone: 323-202-5885 License #02035537 Listed on: 04/28/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 7,010 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 15 Car Garage
Home Design
- Apartment
- Entry on the 2nd floor
Interior Spaces
- 5,194 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 13 Bedrooms
- 7 Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
Listing and Financial Details
- Tax Lot 172
- Tax Tract Number 7422
- Assessor Parcel Number 4074025017
- $3,108 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Trash Expense $2,160
- New Taxes Expense $27,500
- Operating Expense $39,237
- Gross Income $129,000
- Net Operating Income $89,762
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $13,934 | $1,938,000 | $1,320,900 | $617,100 |
| 2025 | $13,934 | $886,714 | $293,911 | $592,803 |
| 2024 | $12,111 | $782,951 | $202,381 | $580,570 |
| 2023 | $11,542 | $767,600 | $198,413 | $569,187 |
| 2022 | $11,530 | $752,550 | $194,523 | $558,027 |
| 2021 | $11,274 | $737,795 | $190,709 | $547,086 |
| 2019 | $10,902 | $715,913 | $185,053 | $530,860 |
| 2018 | $10,670 | $701,876 | $181,425 | $520,451 |
| 2016 | $9,902 | $674,624 | $174,381 | $500,243 |
| 2015 | $9,665 | $664,491 | $171,762 | $492,729 |
| 2014 | $9,635 | $651,476 | $168,398 | $483,078 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/18/2026 05/18/26 | Price Changed | $2,150,000 | -2.3% | $414 / Sq Ft | |
| 04/28/2026 04/28/26 | For Sale | $2,200,000 | +15.8% | $424 / Sq Ft | |
| 04/24/2025 04/24/25 | Sold | $1,900,000 | 0.0% | $366 / Sq Ft | View Prior Sale |
| 02/07/2025 02/07/25 | Pending | -- | -- | -- | |
| 12/12/2024 12/12/24 | For Sale | $1,900,000 | -- | $366 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,900,000 | First American Title Company | |
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Grant Deed | $530,000 | First American Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | New Conventional | |
| Previous Owner | $2,167,500 | Construction | |
| Previous Owner | $395,000 | Balloon | |
| Previous Owner | $397,500 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26091167
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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