PRIME LOCATION | 7 UNITS | ADU POTENTIAL | VALUE-ADD OPPORTUNITY Welcome to 15917 Prairie Ave, a well-located multi-unit investment opportunity in the heart of Lawndale. This 7-unit property offers strong in-place income with additional upside, making it ideal for investors seeking both stability and future growth. Situated in a… Read More highly desirable rental area with close proximity to major freeways, employment centers, and the South Bay, this property benefits from consistent tenant demand and long-term appreciation potential. The property features a solid unit mix and presents a value-add opportunity with the potential to build a 2-bedroom ADU, allowing a new owner to increase cash flow and maximize the property’s full potential.
Perfect for investors looking for:
• Strong rental location with high demand
• Long-term hold with appreciation upside
• ADU development potential
• Increased cash flow through expansion
Whether you're looking to expand your portfolio or capitalize on added unit potential, this is a rare opportunity in a prime Lawndale location.
Don’t miss out on this high-upside investment opportunity. Read Less
Property listed by Won Suk Kim Real Estate, Inc., Ixbalanque Garcia 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1986
MLS Number
DW26091167
Additional Details
Building
Built in 1986, 2 buildings, 2 stories, Levels: Two, Entry level: 2, Entry location: 2
Community
Sidewalks
Cooling
None
Expenses
Licenses: $540, Operating: $32,237, Trash: $2,160
Fireplaces
None
Garage
15 spaces
Heating
Ductless, WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $129,000, Gross ScheduledIncome: $129,000, Net Operating Income: $89,762
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
Michael Harby
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
