4550 W 173rd, Lawndale, California 90260, Lawndale, 90260 - 0 bed, 0 bath
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Lawndale, California 90260
Analysis of 4550 W 173rd, Lawndale, California 90260 is currently available with a list price of $4,195,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
While originally built in 1958, the property qualifies for an excellent rating due to extensive recent capital improvements and renovations. 11 of the 16 units feature modern interiors with high-end finishes like quartz countertops, stainless steel appliances, and LVP flooring. The exterior is in mint condition with new paint, landscaping, and lighting, complemented by newer roofs and a recently repaved parking lot, meeting the <5y renovation criteria.
Situated near the South Bay Galleria redevelopment and just 10 minutes from the beach, the property benefits from high rental demand and proximity to major employers and the 405 Freeway.
With 11 of 16 units renovated, newer roofs, repaved parking, and fresh exterior paint, the asset offers reduced immediate CAPEX requirements and a modern aesthetic to attract premium tenants.
The implementation of a RUBS program to recoup master-metered utility costs for electricity and water allows for maximized net operating income and better expense management.
The property consists exclusively of one-bedroom, one-bathroom units, which may limit the tenant pool and increase turnover compared to complexes with multi-bedroom options.
Originally built in 1958, the property may face long-term maintenance challenges associated with older plumbing or electrical systems despite recent cosmetic and roof upgrades.
Casa Galleria, a 16-unit apartment complex located at 4550 West 173rd Street in Lawndale, California, presents a great opportunity to acquire a thoughtfully maintained asset in the desirable inland South Bay rental market, where easy access to beaches, employers, and freeway proximity contribute to consistent rental demand. Casa Galleria consists of two eight-unit apartment buildings with all one-bedroom/one-bath units, as well as a management office. The property gleams with new exterior paint, landscaping and exterior lighting, and units have been renovated upon turnover with modern interiors. 11 of 16 units have been renovated. Furthermore, the roofs are newer and the parking lot is repaved. The units are separately metered for gas and master metered for electric and water; a RUBS program is in place to recoup utility costs and maximize net operating income. The property is located just around the corner from the South Bay Galleria, which is undergoing a multimillion-dollar project that will redevelop a portion of the site to a mixed-use asset, signaling renter demand for the area. In addition to Galleria retailers, Casa Galleria residents enjoy convenient proximity to amenities, freeways, and recreation: Target and Sprouts are a half-mile away, the 405 Freeway is only a mile away, and the beach is a quick 10-minute drive.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
Jul 9, 2026
$4,195,000
Initial Listing
Jul 6, 2007
$2,050,000
Public Record