4326 W 149th, Lawndale, California 90260, Lawndale, 90260 - 0 bed, 0 bath
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Lawndale, California 90260
Analysis of 4326 W 149th, Lawndale, California 90260 is currently available with a list price of $2,325,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lawndale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1963, this 7-unit multi-family property is functional and well-maintained but shows significant signs of age. The interiors feature dated kitchens with older cabinetry and laminate countertops, along with aging appliances and standard mid-century bathroom fixtures. While the property is move-in ready for tenants, it lacks modern renovations, updated flooring, and contemporary light fixtures, placing it firmly in the fair category due to its original styling and expected deferred cosmetic maintenance.
The massive, nearly 25,000 sq ft flat lot is a rare find in Lawndale, providing a versatile canvas for future expansion or high-density redevelopment.
Unlike standard apartment complexes, each unit features private garage parking and dedicated outdoor patio or yard space, significantly increasing tenant retention and desirability.
With all tenants on month-to-month leases and rents currently below market, investors have a clear path to increase the cap rate beyond 5% through scheduled increases and market adjustments.
The requirement of a written offer and proof of funds prior to any property access may deter qualified buyers who prefer to inspect the physical condition before committing to terms.
The current 4.8% cap rate does not account for property management fees, which could further compress initial yields for passive investors until market rents are achieved.
Wow, check the lot size on this 7-unit property consisting of one single-family house and three duplexes! With a nearly 25,000 sq ft flat lot, the possibilities for future development are varied. 4326 W. 149th St. is not your typical Lawndale apartment complex. Each unit has an outdoor patio or yard space with a private garage. The six duplex apartments have three bedrooms with 1.5 baths. The two-bedroom single-family house has a two-car detached garage and a private yard. All units are leased to long-term tenants on a month-to-month basis. Rents are currently below market and are scheduled to increase on July 1, 2026. The property offers easy access to several freeways and is close to the amenities of the Beach Cities, making it a desirable location for tenants and a savvy purchase for investors. The cap rate is 5% without the property management fee of $9,300, and will surpass 5% with the upcoming July rent increase. PLEASE respect the tenants' privacy, and DO NOT WALK THE PROPERTY. Showings may be scheduled with the listing agent upon submission of a written offer AND proof of funds and/or loan pre-approval. Thank you for your cooperation.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 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 | 8,182 | 1,818.5 | 95% |
| Lot Size | 24,998 | 5,803.5 | 95% |
| Price | $2.33M | $1.00M | 95% |
| Price per sq ft | $284 | $496 | 5% |
| Built year | 1963 | 1951 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 234 | 5% |
Apr 16, 2026
$2,325,000
$2,425,000
-4% Price Drop
Initial Listing
Mar 16, 2026
$2,425,000
Initial Listing