Multifamily

4723 W 173rd St

4723 W 173rd St, Lawndale, CA 90260

Listing Price: $1,375,000

Cap Rate
3.90%
Number of Units
4
Price/Unit
$343,750
Price/Gross SF
$371.62
Gross SF
3,700

Investment Overview

Marcus & Millichap is pleased to present to market 4723 West 173rd Street, a fourplex in Lawndale, California. The building was constructed in 1963 and offers four spacious two-bedroom/one-bath units that average 925 square feet and are separately metered for gas and electricity. The units feature in-unit laundry hookups, wall heaters, and tile and carpet flooring. The property also offers four single-car garages. 4723 West 173rd Street is well-located in a desirable area of the inland South Bay just a few blocks from the South Bay Galleria and one mile from the 405 Freeway. The majority of housing units in this area are renter-occupied and have a strong tenant base; the median household income within one mile exceeds $81,000. This offering presents a great opportunity for an investor to acquire a reliable asset with a desirable unit mix, strong location, and great upside potential.

Investment Highlights

  • Fourplex With Four Spacious Two-Bed/One-Bath Units That Average 925 Square Feet
  • Amenities Include In-Unit Laundry Hookups and a Single-Car Garage for Each Unit
  • Located Just a Few Blocks From the South Bay Galleria and Conveniently Near the 405 Freeway
  • Great Upside Potential in a Desirable Market

Exclusively Listed By

Listing Price: $1,375,000

Cap Rate
3.90%
Number of Units
4
Price/Unit
$343,750
Price/Gross SF
$371.62
Gross SF
3,700

Investment Highlights

  • Fourplex With Four Spacious Two-Bed/One-Bath Units That Average 925 Square Feet
  • Amenities Include In-Unit Laundry Hookups and a Single-Car Garage for Each Unit
  • Located Just a Few Blocks From the South Bay Galleria and Conveniently Near the 405 Freeway
  • Great Upside Potential in a Desirable Market

Investment Overview

Marcus & Millichap is pleased to present to market 4723 West 173rd Street, a fourplex in Lawndale, California. The building was constructed in 1963 and offers four spacious two-bedroom/one-bath units that average 925 square feet and are separately metered for gas and electricity. The units feature in-unit laundry hookups, wall heaters, and tile and carpet flooring. The property also offers four single-car garages. 4723 West 173rd Street is well-located in a desirable area of the inland South Bay just a few blocks from the South Bay Galleria and one mile from the 405 Freeway. The majority of housing units in this area are renter-occupied and have a strong tenant base; the median household income within one mile exceeds $81,000. This offering presents a great opportunity for an investor to acquire a reliable asset with a desirable unit mix, strong location, and great upside potential.

Exclusively Listed By

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