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14504 Avis Avenue

Lawndale, CA 90260

0 Bd
0 Ba
14,320 Sqft
39,137 Lot
$4,650,000 SOLD Price | Closed 3/29/23

Description

The Lawndale Portfolio: (1) 4551 W 159th St (15 units) and (2) 14504 Avis Ave (19 units). Both properties can be sold together as a portfolio or separately. Seller's preference is to sell both properties together as a portfolio.14504 Avis Ave is a 19-unit apartment community located at the intersection of W 145th St and Avis Ave in the City of Lawndale. The 10-building community is 14,320 square feet with an average unit size of approximately 754 square feet. The low-density community sits on a large 39,137-square-foot double corner lot. Built in 1955, the subject property is 10 single-story buildings with wood-frame and stucco construction on a raised foundation. Situated in the City of Lawndale the property is not subject to the Los Angeles Rent Control Ordinance. The subject property consists of 3 one-bedroom-with-one-bath units and 16 two-bedroom-with-one-bath units. Parking is available for 20 cars. Community laundry includes two washers and two dryers along with individual storage lockers for tenant convenience. The property is separately metered for gas and electric.

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Property Details for 14504 Avis Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Steffan Braunlich
Listing Brokered By
Berkadia
Type
Residential Income
Year Built
1955
MLS Area
112 - North Lawndale

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
7 DOM
First Date Active
February 28th, 2023
Closing Date
March 29th, 2023
Sold Price
$4,650,000
Sold PPSF
$325
Orig. List Price
$4,700,000
MLS® #
23246583
APN
4077015013
Special
Standard

Home Interior Information

Int. Sqft.
14,320
Heating
None
Cooling
None

Room Information

Laundry
CommonArea

Exterior Information

Lot Size (sq. ft.)
39,137
Lot Size (acres)
0.90
Parking Spaces
20

Additional Information

Zoning
LNC4VV
Buyer's Brokerage Fee
2.000

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
112 - North Lawndale
City/State
Lawndale
Zip Code
90260
County
Los Angeles
# of Units
19
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Listing/Price History

14504 Avis Avenue, Lawndale, CA (MLS® #23246583)

Date Details Price Change
Closed $4,650,000
Active
Active Under Contract (from Active)
First Day Active $4,700,000
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Listing Summary

Quick Summary of 14504 Avis Avenue: This home in Lawndale is priced at $4,700,000 ($328/PSF) . The 14,320 sqft. residence was originally built in 1955 and was listed on February 28th, 2023 at $4,700,000, showing 7 Days on Market currently. Contact Dave Fratello today for more information or to go see 14504 Avis Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2023 at 1:45am PDT. 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.