Lawndale, CA 90260 15006 Kingsdale Avenue

15006 Kingsdale Avenue Lawndale, CA - Image 115006 Kingsdale Avenue Lawndale, CA - Image 2
Presented By: Michael McKinney with Lyon Stahl Investment Real Estate, Inc.; 310-880-2900
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB25090939
  • 04/24/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 8
  • SQFT • 1,920

Home Details

Prime Lawndale location: 8-Unit Investment Opportunity located just west of Hawthorne Boulevard and minutes from Manhattan Beach and El Segundo in a high-demand rental market. The property consists of eight studio units, equipped with a kitchen and 3/4 bathroom. The property delivers a strong current income with a 6.34% CAP rate (+Almost a 7% CAP without professional management) and a 9.98 GRM. Recent upgrades include a newer roof, fresh slurry coat on the driveway, and copper plumbing reducing future maintenance costs and enhancing long-term value. Ideally situated near major employment centers and retail destinations like Manhattan Beach Village, The Point in El Segundo, Costco, and Best Buy. The central location also enjoys proximity to LAX, El Segundo tech and aerospace hubs, and beachside communities. With easy access to the 405, 105, and 91 freeways, tenants enjoy many conveniences. With a Walk Score of 88, this location is considered “Very Walkable,” giving residents access to local shops, dining, and transit options. The property is not subject to local rent control and is governed only by California’s Tenant Protection Act SB 1482. 15006 Kingsdale Avenue presents a solid and stable asset in one of the South Bay’s desirable submarkets.
Presented By: Michael McKinney with Lyon Stahl Investment Real Estate, Inc.; 310-880-2900

Interior Features for 15006 Kingsdale Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore, NoOneAbove, NoOneBelow
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans, AllBedroomsDown
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 15006 Kingsdale Avenue

AccessibilityNoStairs
Additional Parcels Y/NNo
AppliancesGasCooktop, GasRange
Architectural StyleBungalow
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.34
Carport Spaces0.0
Carport Y/NNo
CityLawndale
Community FeaturesStormDrains, StreetLights, Sidewalks, Park
Construction MaterialsFrame
ContingencySeller and seller's agent do not guarantee the accuracy of the information obtained from public records or other sources. Buyer to verify all information. Information presented in the MLS analysis an
CoolingNone
CountyLos Angeles
Current FinancingNone
DirectionsWest of Hawthorne Blvd. Marine Avenue to Kingsdale
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income120300.0
HOANo
HOA Fee$0.0
HeatingNaturalGas, WallFurnace
Home Warranty Y/NNo
Insurance Expense2880.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToNewLoan
Lot Size Square Feet6027.0
Lot Size UnitsSquareFeet
MLS Area112 - North Lawndale
MaintenanceExpense4800.0
MobileHomeRemainsYNNo
Net Operating Income76139.0
New ConstructionNo
Number Of Units Total8
Open Parking Spaces8.0
Operating Expense40552.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories1
Tax Lot11
Taxes$16,592
Tenant PaysElectricity
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Walk Score88
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1948
Year Built SourceAssessor
ZoningLNR1YY

Exterior for 15006 Kingsdale Avenue

Building Area Total1920.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPark, NearPublicTransit, StreetLevel
Lot Size Acres0.1384
Lot Size Area6027.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,200,000
MLS#SB25090939
List Date 04/24/2025
Property Type Multi-Family
Phone 714.742.6515
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