Lawndale, CA 90260,15006 Kingsdale AVE
Lawndale, CA 90260,15006 Kingsdale AVE
Lawndale, CA 90260,15006 Kingsdale AVE
3
$1,200,000
$1,200,000
Est.Price: ?

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6,028 Sqft Lot

15006 Kingsdale AVE Lawndale, CA 90260

Est. payment /mo
SOLD DATE : 07/03/2025

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Key Details

Sold Price $1,200,000

Property Type Residential Income

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25090939

Year Built 1948

Lot Size 6,028 Sqft

Property Sub-Type Apartment

Property Description

Prime Lawndale location: 8-Unit Investment Opportunity located just west of Hawthorne Boulevard and minutes from Manhattan Beach and El Segundo in a high-demand rental market. The property consists of eight studio units, equipped with a kitchen and 3/4 bathroom. The property delivers a strong current income with a 6.17% CAP rate, (a 6.8% CAP without professional management), and a 9.98 GRM.

Recent upgrades include a newer roof, fresh slurry coat on the driveway, and copper plumbing reducing future maintenance costs and enhancing long-term value.

Ideally situated near major employment centers and retail destinations like Manhattan Beach Village, The Point in El Segundo, Costco, and Best Buy. The central location also enjoys proximity to LAX, El Segundo tech and aerospace hubs, and beachside communities. With easy access to the 405, 105, and 91 freeways, tenants enjoy many conveniences.

With a Walk Score of 88, this location is considered “Very Walkable,” giving residents access to local shops, dining, and transit options. The property is not subject to local rent control and is governed only by California's Tenant Protection Act SB 1482. 15006 Kingsdale Avenue presents a solid and stable asset in one of the South Bay's desirable submarkets.

Location

State CA

County Los Angeles

Area 112 - North Lawndale

Zoning LNR1YY

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Fireplaces Type None

Laundry None

Exterior

Parking Features Assigned

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks, Park

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Building

Lot Description Near Park, Near Public Transit, Street Level

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Trust

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CRMLS – RECore
Listed by Michael McKinney Lyon Stahl Investment Real Estate, Inc. 310-880-2900
Bought with Olga Wright Lyon Stahl Investment Real Estate, Inc.

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Brenda Perez-Miranda

Brenda Perez-Miranda

Agent | License ID: 01293185

+1(619) 846-9088

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