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Sold for $4,650,000 · Mar 2023

SOLD

Listed at $4,700,000

Sold

14504 Avis Avenue, Lawndale, CA 90260

Lawndale, CA

MLS# 23246583

14,320 Sq Ft • Property
7 days on market

Listing Agent

Steffan Braunlich

Listing Agent

Berkadia

DRE #: 01859098

Brokerage: Berkadia

Property Details

0

Bedrooms

0

Bathrooms

14,320 sqft

Square Feet

1955

Year Built

0.9 acres

Lot Size

$325

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

The Lawndale Portfolio: (1) 4551 W 159th St (15 units) and (2) 14504 Avis Ave (19 units). Both properties can be sold together as a portfolio or separately. Seller's preference is to sell both properties together as a portfolio.14504 Avis Ave is a 19-unit apartment community located at the intersection of W 145th St and Avis Ave in the City of Lawndale. The 10-building community is 14,320 square feet with an average unit size of approximately 754 square feet. The low-density community sits on a large 39,137-square-foot double corner lot. Built in 1955, the subject property is 10 single-story buildings with wood-frame and stucco construction on a raised foundation. Situated in the City of Lawndale the property is not subject to the Los Angeles Rent Control Ordinance. The subject property consists of 3 one-bedroom-with-one-bath units and 16 two-bedroom-with-one-bath units. Parking is available for 20 cars. Community laundry includes two washers and two dryers along with individual storage lockers for tenant convenience. The property is separately metered for gas and electric.

Listing description from the March 2023 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None
Heating
None

Sale history for 14504 Avis Avenue

1 recorded sale

$4,650,000
Sold March 2023 · listed $4,700,000, on market February 2023, 7 days on market · MLS #23246583 · Source: CRMLS
Listing Agent: Steffan Braunlich · Listing Office: Berkadia · Contact: 310-209-3200 · Bought with: Steffan Braunlich · Berkadia

How this sale compares

14504 Avis Avenue sold for $4,650,000 in March 2023, 1.1% under its $4,700,000 list price, after 7 days on the market. That works out to $325 per square foot on 14,320 square feet. Across 82 closed sales in 90260 over the last 12 months, the median sold price is $817,500 and the median is $585 per square foot, 80% above this sale's $325.

$325
This sale, per sq ft
$585
90260 median per sq ft (12 mo)
$817,500
90260 median sold price (12 mo)
82
Closed sales in 90260 (12 mo)
7
Days on market
−1.1%
Sold vs. list price
QuarterClosed sales in 90260Median sold price
Q1 20264$900,000
Q2 202636$821,000
Q3 202637$815,000
Q4 20265$880,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Lawndale · Homes for sale in 90260

Recent sales near 14504 Avis Avenue

Closed sales reported in 90260, nearest first, last 12 months. All recent sales in Lawndale →

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