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Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB20187464
Sold Date 12/02/20
HOA Y/N No
Year Built 1963
Lot Size 5,662 Sqft
Property Description
CBRE, Inc. is proud to present 4011 W. 160th Street in the city of Lawndale. This duplex offers an investor or owner user the opportunity to own in one of the most attractive rental markets within the South Bay area. 4011 W. 160th Street is an upgraded one story, duplex, consisting of two individual houses on a ±5,635 square foot parcel, with a total building size of ±1920/SF. The building features a front two-bedroom two bath unit with a bonus room and a back two-bedroom one bath unit. Parking consists of two garage spaces in the rear of the property with access from the alley. Utilities are separately metered for gas and electric and water/sewer is mastered metered. The property has been under professional management, and existing rents are approximately 25% under market level. Rent payments for both residents are current.
The property is centrally located and is less than four miles from Manhattan Beach. Bordered by Redondo Beach on the West and Southwest, Hawthorne on the North, Torrance on the Southeast, and El Camino Village on the East, the location provides quick access to the 405, 105, and 91 Freeways. Lawndale’s central location, touted as the “heart” of the South Bay, allows residents to enjoy the areas premiere beaches, shopping, dining and entertainment establishments, along with major employment generators. It is important to note the subject properties proximity from the proposed South Bay Galleria redevelopment which will bring renewed energy to the area.
Location
State CA
County Los Angeles
Area 113 - South Lawndale
Zoning LNR2YY
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Garage, Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Fence Stucco Wall, Wrought Iron
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Parking Type Garage, Garage Faces Rear
Total Parking Spaces 4
Private Pool No
Building
Lot Description Lawn, Landscaped, Level, Yard
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4074025019
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Jean Huang • E 2000 Realty
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692