15301 Prairie Avenue
Lawndale, CA 90260

  • – beds
  • – baths
  • – sqft
  • 11,557 sqft lot
  • 1960 build
  • on site

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This 11-unit apartment building is located in the heart of Lawndale, California. This is an opportunity to own a value-add asset in a high demand rental market with tremendous growth potential. Located Less than 2 miles away from the South Bay Galleria redevelopment project that will soon revitalize a nearly 30-acre property at the southwest corner of Artesia and Hawthorne Boulevards. The site will feature a 150-room hotel, 300 apartments, and an additional 217,000 sq. ft. of retail space and up to 175,000 sq. ft. to be used for offices. The property consists of a desirable unit mix of (1) three-bedroom/two-bathroom, (1) three-bedroom/one-bathroom, (1) two-bedroom/two-bathroom, and (8) two-bedroom/one-bathroom units. Two-bedroom units in the immediate area are currently renting from $2,050 to $2,250.

California Regional MLS logo Listed By CRMLS_CA / David Harrington / Matthews Real Estate Investment Services

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 20568410 —

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Sale history

Date Event Source Price % Change
1/29/21
Sold CRMLS_CA $2,800,000 -1.8%
11/3/20
Sold Subject To Contingencies CRMLS_CA $2,850,000
9/25/20
Price Changed CRMLS_CA $2,850,000 -5.0%

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Multifamily Sold on 1/29/2021

$2,800,000

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Listing provided by broker:

David Harrington

Matthews Real Estate Investment Services

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Matthews Real Estate Investment Services. Based on information from California Regional Multiple Listing Service, Inc. as of 05:04 on May 06.

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