4326 W 149th, Lawndale, CA 90260

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Sold Price
$2,217,500
List Price
$2,325,000
Closing Date
Jun 11, 2026
Status
CLOSED
MLS#
PV26053300
Year Built
1963
Lot Size
24,998
Acres
0.57
Lot Location
Street Level
Days on Market
41
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

Wow, check the lot size on this 7-unit property consisting of one single-family house and three duplexes! With a nearly 25,000 sq ft flat lot, the possibilities for future development are varied. 4326 W. 149th St. is not your typical Lawndale apartment complex. Each unit has an outdoor patio or yard space with a private garage. The six duplex apartments have three bedrooms with 1.5 baths. The two-bedroom single-family house has a two-car detached garage and a private yard. All units are leased to long-term tenants on a month-to-month basis. Rents are currently below market and are scheduled to increase on July 1, 2026. The property offers easy access to several freeways and is close to the amenities of the Beach Cities, making it a desirable location for tenants and a savvy purchase for investors. The cap rate is 5% without the property management fee of $9,300, and will surpass 5% with the upcoming July rent increase. PLEASE respect the tenants' privacy, and DO NOT WALK THE PROPERTY. Showings may be scheduled with the listing agent upon submission of a written offer AND proof of funds and/or loan pre-approval. Thank you for your cooperation.

Additional Information

Pool Description
None
Heat
Wall Furnace
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$164,700
Operating Expense
58357
Garage Spaces
8
Levels
One
Parking Spaces
16

Listing courtesy of Listing Agent: Norma Toering (normatoering@gmail.com) from Listing Office: Charlemagne Int'l Properties.

Listing sold by Karen Lee from NONMEMBER MRML

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.