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17220 Grevillea Avenue, Lawndale, CA 90260

Property

For sale now

17220 Grevillea Avenue is on the market at $3,950,000 (16 bd · 16 ba · 8,165 sqft). See the current listing →

17220 Grevillea Avenue, Lawndale, CA 90260 Sold April 2020 CRMLS
$3,615,000Sold April 2020

Listing Agent: Josh Cohen (DRE #01346713) · Listing Office: Keller Williams Beach Cities · Contact: 310-939-9300 · Bought with: Josh Cohen · Keller Williams Beach Cities · MLS #SB20008541 · Source: CRMLS

14,411 sqft
Lot Size
1959
Year Built
Property
Type
0
Garage

How this sale compares

17220 Grevillea Avenue sold for $3,615,000 in April 2020, 3.3% over its $3,500,000 list price, after 24 days on the market. Across 75 closed sales in 90260 over the last 12 months, the median sold price is $820,000 and the median is $582 per square foot.

$582
90260 median per sq ft (12 mo)
$820,000
90260 median sold price (12 mo)
75
Closed sales in 90260 (12 mo)
24
Days on market
+3.3%
Sold vs. list price
QuarterClosed sales in 90260Median sold price
Q1 20264$900,000
Q2 202637$830,000
Q3 202634$820,000

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

About this property

The Dutch Arms Apartments is an outstanding investment opportunity. This low-rise apartment asset is comprised of 16 one bed/one bath units. The units are well laid out and average approximately 500 square feet each (buyer to verify), and the 8,165 total square foot building is on a large 14,411 square foot lot. The asset is master metered for utilities which is an attractive feature for today’s price conscious renter. There is an onsite laundry room and ample onsite parking.
 
 Located in the very south tip of the City of Lawndale, the property is a stone’s throw from Torrance and Redondo Beach. Walk Score of 90! And the property is just north of the 2019 approved the South Bay Galleria Redevelopment plan. The project is anticipated to cost more than $900,000,000 and will be a “game changer” for the community. When completed, this will be the largest development project in Redondo Beach’s history (1.6 million square feet). The prospect of this redevelopment project and its positive effects on the Dutch Arms’ residents quality of life cannot be understated. This investment opportunity is perfect for both savvy new and seasoned investors alike.

Listing description from the April 2020 sale, as reported to CRMLS.

Sale history

$3,615,000
Sold April 2020 · listed $3,500,000, on market January 2020, 24 days on market · MLS #SB20008541 · Source: CRMLS
Listing Agent: Josh Cohen · Listing Office: Keller Williams Beach Cities · Contact: 310-939-9300 · Bought with: Josh Cohen · Keller Williams Beach Cities

Recent sales near 17220 Grevillea Avenue

MLS-reported closed sales in 90260, nearest first (last 12 months). All recent sales in Lawndale →

Questions about 17220 Grevillea Avenue

When did 17220 Grevillea Avenue last sell?

17220 Grevillea Avenue last sold in April 2020 for $3,615,000, according to CRMLS-reported closed sales.

What did 17220 Grevillea Avenue sell for?

$3,615,000, 3.3% above the $3,500,000 list price, after 24 days on the market.

How does that compare to other Lawndale sales?

75 homes closed in ZIP 90260 over the last 12 months at a median of $820,000 ($582 per square foot).

Is 17220 Grevillea Avenue for sale now?

Yes — 17220 Grevillea Avenue is currently on the market at $3,950,000. Open the current listing on Nalren for photos, details and the listing agent.

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