Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

Quick Search

    15917 Prairie Avenue, Lawndale, CA 90260
    Image Gallery
    Property Photos
    15917 Prairie Avenue
    1. Image 0 of 18 For 15917 Prairie Avenue
    2. Image 1 of 18 For 15917 Prairie Avenue
    3. Image 2 of 18 For 15917 Prairie Avenue
    4. Image 3 of 18 For 15917 Prairie Avenue
    5. Image 4 of 18 For 15917 Prairie Avenue
    6. Image 5 of 18 For 15917 Prairie Avenue
    7. Image 6 of 18 For 15917 Prairie Avenue
    8. Image 7 of 18 For 15917 Prairie Avenue
    9. Image 8 of 18 For 15917 Prairie Avenue
    10. Image 9 of 18 For 15917 Prairie Avenue
    11. Image 10 of 18 For 15917 Prairie Avenue
    12. Image 11 of 18 For 15917 Prairie Avenue
    13. Image 12 of 18 For 15917 Prairie Avenue
    14. Image 13 of 18 For 15917 Prairie Avenue
    15. Image 14 of 18 For 15917 Prairie Avenue
    16. Image 15 of 18 For 15917 Prairie Avenue
    17. Image 16 of 18 For 15917 Prairie Avenue
    18. Image 17 of 18 For 15917 Prairie Avenue
    Contact Silva Babaian
    Contacting Silva Babaian
    • All fields are required.
    Schedule A Showing
    Schedule a Showing.
    • All fields are required.
    Check this box to Register with us:
    Request more information
    • MLS#: PW24248772 ( Commercial/Residential )
    • Street Address: 15917 Prairie Avenue
    • Viewed: 1
    • Price: $1,900,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1986
    • Bldg sqft: 0
    • Days On Market: 11
    • Additional Information
    • County: LOS ANGELES
    • City: Lawndale
    • Zipcode: 90260
    • Provided by: Lyon Stahl Investment Real Est
    • Contact: Woody Woody
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      15917 Prairie Ave is an excellent investment opportunity in the heart of Lawndale, featuring an 8 unit apartment building with a diverse unit mix. The property includes six 2 bedroom, 1 bathroom units, one 1 bedroom, 1 bathroom unit, and one studio unit, offering versatility for tenants and strong rental demand. Tenants will also benefit from ample parking, with 15 total garage spaces providing unmatched convenience. This property presents significant upside potential, boasting an 8.02% market CAP rate and an 8.85 market GRM with potential to maximize income through eligible 8.9% rent increases for every unit, making it an attractive option for investors looking to maximize returns. Priced at $237,500 per unit and $271 per square foot, it offers exceptional value with room for growth. It also features a new roof that was replaced in 2024. Conveniently located right across the street from Alondra Park Golf Course, the property is situated in a desirable area that enhances its appeal for tenants. Dont miss this chance to own a high performing investment property in a prime Lawndale location with excellent long term potential!
    Request More Information
    • All fields are required.
    Features
    Building Area Total
    1. 5194.00
    Commoninterest
    1. None
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Electric Expense
    1. 0.00
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 15.00
    Gardner Expense
    1. 1200.00
    Insurance Expense
    1. 6493.00
    Laundry Features
    1. Common Area
    Lot Features
    1. 6-10 Units/Acre
    Netoperatingincome
    1. 68624.00
    Newtaxesexpense
    1. 25760.00
    Otherexpense
    1. 6800.00
    Otherexpensedescription
    1. Utility
    Parcel Number
    1. 4074025017
    Parking Features
    1. Garage
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 6330.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 428632143:CRM
    Totalexpenses
    1. 51646.00
    Trash Expense
    1. 0.00
    Vacancyallowance
    1. 6330
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1986
    Year Built Source
    1. Assessor
    Zoning
    1. LNR4YY
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836