4724 W 173rd St Lawndale, CA 90260
Estimated payment $10,962/month
Highlights
- Laundry Room
- Jane Addams Middle School Rated 9+
- Wall Furnace
About This Home
Excellent value-add investment opportunity in centrally located South Lawndale, currently operating at a 5.6% CAP rate and 13.2 GRM.
Exceptionally well-maintained Fourplex consisting of four 2-bedroom, 2-bathroom very spacious units. The two front units feature two-story layouts, while the rear units are single-level upstairs units. The property includes eight parking spaces in a rear carport with alley access, and a community coin-operated laundry room for additional income. Most of the units are fully remodeled.
Recent capital improvements include new flooring in all the units and updated kitchens, enhancing tenant demand and long-term performance. Ideally located within walking distance to South Bay Galleria, restaurants, parks, schools, and the planned Metro Line extension, supporting strong rental stability and future appreciation.
Listing Agent
Compass Brokerage Phone: 323-236-6450 License #02053534 Listed on: 03/31/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 5,777 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
- Flat Roof Shape
- Shingle Roof
Interior Spaces
- 4,469 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- 8 Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 815
- Tax Tract Number 5568
- Assessor Parcel Number 4081008007
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $373
- Fuel Expense $232
- Gardener Expense $100
- Insurance Expense $3,500
- Professional Management Expense $4,000
- Trash Expense $3,151
- Water Sewer Expense $4,333
- New Taxes Expense $20,000
- Operating Expense $35,689
- Gross Income $132,940
- Net Operating Income $97,251
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $20,958 | $1,632,000 | $918,000 | $714,000 |
| 2024 | $20,958 | $1,600,000 | $900,000 | $700,000 |
| 2023 | $7,233 | $503,736 | $147,721 | $356,015 |
| 2022 | $7,225 | $493,860 | $144,825 | $349,035 |
| 2021 | $7,043 | $484,178 | $141,986 | $342,192 |
| 2019 | $6,800 | $469,820 | $137,776 | $332,044 |
| 2018 | $6,610 | $460,609 | $135,075 | $325,534 |
| 2016 | $6,128 | $442,725 | $129,831 | $312,894 |
| 2015 | $5,976 | $436,076 | $127,881 | $308,195 |
| 2014 | $5,952 | $427,534 | $125,376 | $302,158 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $1,750,000 | +9.4% | $392 / Sq Ft | |
| 10/31/2023 10/31/23 | Sold | $1,600,000 | +6.7% | $358 / Sq Ft | View Prior Sale |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- | |
| 10/18/2023 10/18/23 | For Sale | $1,500,000 | -- | $336 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Lawyers Title Company | |
| Grant Deed | $1,600,000 | Lawyers Title Company | |
| Gift Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Lsi Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $341,000 | Lawyers Title Insurance Co | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $266,500 | New Conventional | |
| Previous Owner | $285,750 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26069049
APN: 4081-008-007
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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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