Property
Listing Agent: Steffan Braunlich (DRE #01859098) · Listing Office: Berkadia · Contact: 310-209-3200 · Bought with: Steffan Braunlich · Berkadia · MLS #23246583 · Source: CRMLS
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.