Description
4559-4565 W 159th St in Lawndale has great in place rents where the the property currently operates at a 5.3% CAP rate! The subject property is a perfect opportunity for a local investor or 1031 exchange client who would like to take advantage of strong cash flow from day 1. This 8 unit building has unique floor plans that has been remodeled to make tenants feel like they re at home. 4559-4565 W 159th St is two side by 4-plexes that sit on a roughly 11,000 sq ft lot. Because of this, an investor can take advantage of residential finance where one could leverage up to 75% LTV. The city of Lawndale has remained a steady city to invest as it has no local rent control ordinances, great dining options, and close proximity to the beach!
Location
"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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 1st October, 2023 2:20 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 1st October, 2023 2:20 AM (UTC)
Listing Agent: Stephen Takahashi
Listing Office: Lyon Stahl Investment Real Estate, Inc.
