
Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Type
- Apartment
- Bedrooms
- 7
- Building size
- 5,194 sqft
- Lot size
- 7,010 sqft
- Year built
- 1986
- Stories
- 2
- Garage spaces
- 15
- Heating
- Ductless,Wall Furnace
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 20
- MLS #
- 241510382
About this property
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 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.
Location
15917 Prairie
Lawndale, Los Angeles, CA, 90260