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4307 Manhattan Beach, Lawndale, California 90260, Lawndale, 90260 - bed, bath

4307 Manhattan Beach, Lawndale, California 90260 home-pic-0
ACTIVE$1,299,000
4307 Manhattan Beach, Lawndale, California 90260
0Bed
0Bath
3,104Sqft
4,065Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Multi-Unit Income Potential: This triplex, including a recently completed ADU and a bonus room with a bathroom, offers diversified rental income streams and strong investment growth potential in a high-demand area.
Top Cons:
Age of Original Structure: Despite extensive recent renovations, the original build year of 1949 could imply older underlying systems or structural elements that may not have been fully addressed by the 2024 updates.

Compared to the nearby listings

Price:$1.30M vs avg $912.5K (+$386,500)88%
Size:3,104 sqft vs avg 1,596 sqft88%
Price/sqft:$418 vs avg $55013%

More Insights

Built in 1949 (76 years old).
Condition: Despite the original build year of 1949, this property has undergone extensive and recent renovations in 2024, including a new roof, dual-pane windows, updated laminate and tile flooring, refreshed kitchen cabinetry with modern countertops, and updated bathroom tile and fixtures across all units. The ADU was completed in November 2024, making it virtually brand new with modern finishes and mini-split cooling. While some refreshed elements in the older units retain a more traditional style, the comprehensive nature and recency of these updates, coupled with the brand-new ADU, ensure the property is in move-in ready, excellent condition with minimal physical depreciation and no deferred maintenance, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Year Built
1949
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$418
HOA
-
Days on market
-
Sold On
-
MLS number
DW25237106
Home ConditionExcellent
Features
Patio
View-

About this home

Great Investment Opportunity in the Heart of the South Bay! Discover this exceptional three unit property in Lawndale, originally a duplex with a ADU completed in November of 2024. Each unit offers two bedrooms and one bathroom, providing excellent rental income and long-term growth potential. Additionally, there’s a bonus room with its own bathroom, offering flexibility for storage, an office, or potential future use. Recent Improvements in 2024 Include, New roof, Dual pane windows installed throughout for energy efficiency and comfort, Updated laminate and tile flooring, Modern kitchen countertops and refreshed cabinetry, bathroom tile and fixtures, Ceiling fans installed throughout every unit for added comfort, mini splits in ADU. This property has received multiple updates, ensuring you’re acquiring a well maintained and dependable asset that requires minimal additional work. Perfect for investors or owner occupants seeking a turnkey opportunity in the heart of the South Bay. Located near major aerospace employers, shopping, restaurants, and just minutes from the beach, this property sits in a desirable and diverse community experiencing strong appreciation and demand. All units are in good condition and currently collecting great rents, a solid investment for any portfolio.

Nearby schools

5/10
William Anderson Elementary School
Public,•K-5•0.3mi
7/10
Lucille J. Smith Elementary School
Public,•K-5•0.8mi
4/10
Billy Mitchell Elementary School
Public,•K-5•1.0mi
5/10
Will Rogers Middle School
Public,•6-8•0.3mi
7/10
Jane Addams Middle School
Public,•6-8•0.4mi
4/10
Lawndale High School
Public,•9-12•0.9mi
5/10
Leuzinger High School
Public,•9-12•1.0mi
4/10
Hawthorne High School
Public,•9-12•2.1mi

Price History

Date
Event
Price
09/05/02
Sold
$259,000
Condition Rating
Excellent
Despite the original build year of 1949, this property has undergone extensive and recent renovations in 2024, including a new roof, dual-pane windows, updated laminate and tile flooring, refreshed kitchen cabinetry with modern countertops, and updated bathroom tile and fixtures across all units. The ADU was completed in November 2024, making it virtually brand new with modern finishes and mini-split cooling. While some refreshed elements in the older units retain a more traditional style, the comprehensive nature and recency of these updates, coupled with the brand-new ADU, ensure the property is in move-in ready, excellent condition with minimal physical depreciation and no deferred maintenance, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Pros & Cons

Pros

Multi-Unit Income Potential: This triplex, including a recently completed ADU and a bonus room with a bathroom, offers diversified rental income streams and strong investment growth potential in a high-demand area.
Extensive 2024 Renovations: Significant updates in 2024, such as a new roof, dual-pane windows, updated flooring, modern kitchens, refreshed bathrooms, and ADU mini-splits, ensure a modern, energy-efficient, and low-maintenance property.
Prime South Bay Location: Strategically located near major aerospace employers, shopping, restaurants, and minutes from the beach, contributing to strong rental demand and property appreciation.
Turnkey Investment Opportunity: Described as well-maintained and requiring minimal additional work, this property is ideal for investors or owner-occupants seeking a ready-to-occupy or rent asset.
Flexible Bonus Space: The inclusion of a bonus room with its own bathroom provides versatile use options, enhancing the property's functional value and potential utility.

Cons

Age of Original Structure: Despite extensive recent renovations, the original build year of 1949 could imply older underlying systems or structural elements that may not have been fully addressed by the 2024 updates.
Compact Lot Size: The 4,065 sqft lot may offer limited outdoor space for multiple tenants and could restrict future expansion possibilities compared to properties with larger land parcels.
Increased Property Tax Burden: Given the substantial market value increase since the last sale in 2002, a new owner will face significantly higher property taxes based on the current list price.

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