
Lawndale, California 90260
This Income-Generating Triplex is a versatile asset listed at $1,250,000, reflecting the stability of the North Lawndale market relative to its $1,190,375 Fair Market Value. Boasting a Condition Rating of 4, the property features two units already enhanced with Granite Countertops and Stainless Steel Appliances, while the third unit offers clear Value-Add Potential for forced appreciation. Located on a quiet cul-de-sac near Jane Addams Middle School, the property offers a blend of residential comfort and high rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15615 Firmona Subject | $1,250,000* List Price | 0 | 0 | 2,838 | $419 | - |
A 4611 W 152nd Sold | $1,073,230 | 0 | 0 | 2,400 | $447 | 0.3 mi |
B 4623 W 160th Street Sold | $1,245,000 | 0 | 0 | 2,668 | $467 | 0.2 mi |
C 4539 W 171st Sold | $1,155,000 | 0 | 0 | 2,556 | $452 | 0.9 mi |
D 4626 W 166th Street Sold | $1,095,000 | 6 | 6 | 3,176 | $345 | 0.6 mi |
E 4626 W 166th Street Sold | $1,095,000 | 0 | 0 | 3,176 | $345 | 0.6 mi |
F 14512 Condon Avenue Sold | $1,212,000 | 5 | 4 | 2,386 | $508 | 0.7 mi |
G 4451 W 161st Active | $1,148,000 List Price | 0 | 0 | 2,487 | $462 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1964 triplex is well-maintained but shows its age. While two units have been partially updated with granite countertops and stainless steel appliances, the property still features popcorn ceilings, dated bathroom tile, and older carpeting. The exterior and some interior finishes are functional but outdated, and the listing acknowledges that one unit requires further renovation to reach its full potential.
This triplex offers a flexible investment strategy, allowing a buyer to live in one unit while renting the others to offset the mortgage or managing it as a high-yield multi-family portfolio.
Situated on a quiet cul-de-sac in North Lawndale, the property provides a peaceful residential setting with excellent freeway access and proximity to South Bay shopping and dining.
With two units already upgraded, the third unit presents a clear opportunity for the new owner to renovate and increase the overall property value and rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8198, other record lot size in square feet = 8302.
Built in 1964, the property may require ongoing maintenance or updates to major systems like plumbing and electrical that are common in mid-century multi-unit buildings.
While some local schools perform well, others in the immediate area have lower ratings, which could impact the property's appeal to certain long-term owner-occupant demographics.
Opportunity knocks with this well-located triplex in the heart of Lawndale! Situated on a quiet cul-de-sac in a desirable neighborhood with convenient freeway access, this property offers the perfect blend of comfort, location, and income potential. Two of the units have been upgraded, giving buyers a head start on modern living while still leaving room to add value over time. Whether you’re an investor looking to expand your portfolio or a buyer hoping to live in one unit and rent the others to help offset your mortgage, this property checks all the boxes. Enjoy strong rental potential, a versatile layout, and a location close to major freeways, shopping, dining, and South Bay amenities. Don’t miss this excellent opportunity to own a multi-unit property in a high-demand area!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,838 | 1,818.5 | 80% |
| Lot Size | 8,198 | 5,803.5 | 95% |
| Price | $1.25M | $1.00M | 90% |
| Price per sq ft | $440 | $496 | 20% |
| Built year | 1964 | 1951 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 235 | 5% |
Mar 27, 2026
$1,250,000
Initial Listing
Sep 16, 1996
$180,000
Public Record