Pending Multi-Family MLS# 26996965

4425 W 159th Street

Lawndale, CA 90260

$1,900,000

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About 4425 W 159th Street

Excellent opportunity to acquire a fully occupied, 12-unit apartment building in a desirable Torrance-adjacent location, just off Hawthorne Boulevard, the city's bustling commercial and retail corridor. This well-located property offers residents convenient access to shopping, dining, entertainment, and everyday amenities, with nearby 405 Freeway access providing easy connectivity throughout the South Bay and greater Los Angeles. Situated on a generous 12,603 SF lot, the 5,224 SF building features 12 one-bedroom, one-bathroom units, along with 12 covered parking spaces housed in two six-car carports. An on-site coin-operated laundry facility provides an additional revenue stream. With 100% occupancy, the property delivers immediate, stabilized rental income from an established tenant base. Offered at $1,900,000, the property generates annual Gross Operating Income of $176,552, including $2,516 in laundry revenue, and Net Operating Income of $103,116 based on 2025 operating expenses. These figures translate to an attractive 5.43% capitalization rate and 10.76 gross rent multiplier. Beyond its strong in-place income, the property presents compelling opportunities for future growth through strategic interior upgrades and rent optimization, subject to applicable regulations. With its desirable Torrance-adjacent location, stable occupancy, generous lot size, and potential for increased returns, this property offers investors an appealing combination of current cash flow and long-term value creation in one of the South Bay's established rental markets.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Pending
Year built
1958
Stories
2
Living area
5,224 sqft
Price / sqft
$364
Lot
0.2893
Original price
$1,900,000
MLS #
26996965

Interior

Features
Ceiling Fan(s)
Appliances
Refrigerator
Heating
Gravity
Laundry
Common Area

Exterior & lot

Features
Parking spaces: 12
Construction
2
Lot
LNC3*
Parking
Detached Carport

Schools

District
Lawndale Elementary School District

Financial

Parcel
4074001017
Special conditions
Standard

Location

Area
113 - South Lawndale
County
Los Angeles
Directions
405 freeway, N on Hawthorne, W on Manhattan Beach Blvd. S on Grevillea/159th St.

Ask about this property

Questions on 4425 W 159th Street, Lawndale, CA 90260, or want to see it in person?

Listed by Will Tiao, The Collective Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.