NOT LISTED FOR SALE

15927 Prairie Ave Lawndale, CA 90260

18 Beds
18 Baths
9,415 Sq Ft
6,950 Sq Ft Lot

Last Sold July 16, 2020

Last sale price $2,725,000 $289 Per Sq Ft

42 Days on Market

Highlights

  • Subterranean Parking
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2020

PRICE ADJUSTMENT. 15927 Prairie Avenue in Lawndale is a well maintained 2 story, 9-unit (all townhome style) apartment building located in a designated Opportunity Zone. Built in 1983, the 9,415 square foot building sits on a 6,950 square foot lot and is comprised of (7) 2 bed/1.5 bath and (2) 2 bed/2 bath, all townhome style units and outfitted with copper plumbing. The roof and gutters were replaced less than 10 years ago, all the furnaces and hot water heaters were recently refurbished or replaced. Each of the 2 bed/2 bath units are equipped with washer/dryer hookups in a laundry room, while the other units are serviced by a communal laundry room onsite. Just three miles from the Pacific Ocean and less than a mile from the 405 freeway, tenants enjoy the convenience to both work and play. The South Bay Galleria, recently approved for a $900M renovation with outdoor retail, office and entertainment, is right around the corner.

Last Agent to Sell the Property

Daniel Shieh

Lyon Stahl Investment Real Estate, Inc. License #01978847 Listed on: 04/30/2020

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Rosanne Rojo

Berkshire Hathaway HomeServices California Propert License #01755826

Berkshire Hathaway HomeServices California Propert

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 6,950

Interior Spaces

  • 9,415 Sq Ft Home
  • 1-Story Property
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Bathrooms

Parking

  • 14 Parking Spaces
  • Subterranean Parking

Additional Features

  • 6,950 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 4074-025-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9415
  • Stories: 1
  • Year Built: 1983
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Total Bathrooms: 18.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven
  • Price Per S Q F T: 308.02

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Subterranean
  • Total Parking: 14

Utilities

  • Heating: Forced Air

Lot Info

  • Assessed Improvement Value: 551795
  • Assessed Land Value: 389500
  • Assessor Parcel Number: 4074-025-018
  • Geocode Override: No
  • Lot Size Area: 6950

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.17
  • Number Of Units: 9
  • Total Annual Expense: 57649
  • Type Of Units: townhome
  • Vacancy Rate: 3

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $2,725,000 -6.0% $289 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $2,900,000 -6.5% $308 / Sq Ft
04/30/2020 04/30/20 For Sale $3,100,000 -- $329 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-574854

The MLS