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Multifamily

4217 166th St

4217 166th St, Lawndale, CA 90260

Listing Price: $779,000

Cap Rate
3.56%
Number of Units
2
Occupancy
100.0%
Price/Unit
$389,500
Price/Gross SF
$476.16
Gross SF
1,636

Investment Overview

Marcus & Millichap is pleasd to present to market 4217 West 166th Street, a duplex located just a few blocks west of the Alondra Golf Course in Lawndale, California. The property is a 1952 construction with two two-bedroom/one-bath units, a shared laundry room, a backyard and patio area, one single-car garage, and two additional on-site parking spaces. The units are separately metered for gas and electricity. 4217 West 166th Street is a great opportunity for an investor to acquire an asset in the desirable inland South Bay market, where rental demand is solid and vacancy rates are steadily low, and capture 20 percent rental upside.

Investment Highlights

  • Desirable Duplex With Two Two-Bedroom/One-Bath Units
  • Amenities Include a Backyard and Patio Area, a Shared Laundry Room, a Single-Car Garage and Two Additional On-Site Parking Spaces
  • 20 Percent Potential Upside in Rents
  • Well-Located in the Desirable Inland South Bay Market a Few Blocks West of the Alondra Golf Course and Proximate to the 405 Freeway

Exclusively Listed By

Listing Price: $779,000

Cap Rate
3.56%
Number of Units
2
Occupancy
100.0%
Price/Unit
$389,500
Price/Gross SF
$476.16
Gross SF
1,636

Investment Highlights

  • Desirable Duplex With Two Two-Bedroom/One-Bath Units
  • Amenities Include a Backyard and Patio Area, a Shared Laundry Room, a Single-Car Garage and Two Additional On-Site Parking Spaces
  • 20 Percent Potential Upside in Rents
  • Well-Located in the Desirable Inland South Bay Market a Few Blocks West of the Alondra Golf Course and Proximate to the 405 Freeway

Investment Overview

Marcus & Millichap is pleasd to present to market 4217 West 166th Street, a duplex located just a few blocks west of the Alondra Golf Course in Lawndale, California. The property is a 1952 construction with two two-bedroom/one-bath units, a shared laundry room, a backyard and patio area, one single-car garage, and two additional on-site parking spaces. The units are separately metered for gas and electricity. 4217 West 166th Street is a great opportunity for an investor to acquire an asset in the desirable inland South Bay market, where rental demand is solid and vacancy rates are steadily low, and capture 20 percent rental upside.

Exclusively Listed By

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