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

Bedrooms

18

Building size

13,521 sqft

Lot size

17,776 sqft

Year built

1957

Stories

2

Heating

None

Cooling

None

Status

Active

Days on market

8

MLS #

245583052

About this property

14815 Prairie is an 18-unit garden-style apartment community across three buildings at 14803, 14807, and 14815 Prairie Avenue in Lawndale outside local rent control and subject only to the statewide AB 1482 cap. Built in 1957 on a 17,771-SF lot with ~13,521 SF of building area, the property offers 12 one-bedroom units (~700 SF) and 6 two-bedroom units (~850 SF), on-site laundry, 18 parking spaces, updated windows throughout, and select renovated units with hardwood flooring and granite countertops. Individually metered for electricity and gas, the property sits in a quiet Lawndale pocket bordering Torrance, just two blocks from the 405 Freeway and one mile from El Camino College.

Location

14815 Prairie Avenue

Lawndale, Los Angeles, CA, 90260