4724 W 173rd Street, Lawndale, California 90260, Lawndale, 90260 - bed, bath
4724 W 173rd Street
Lawndale, California 90260
Property Price
SUMMARY
Analysis of 4724 W 173rd Street, Lawndale, California 90260 is currently available with a list price of $1,850,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a well-maintained 1986 fourplex that has undergone significant recent capital improvements. Three of the four units feature fully updated kitchens with modern shaker cabinetry, quartz countertops, and stainless steel appliances. All units have been upgraded with new contemporary wood-look flooring. While the building is nearly 40 years old, the interior renovations and move-in ready status of the units meet the criteria for a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- High-Demand Unit Configuration
The property features a rare and highly desirable mix of four spacious 2-bedroom, 2-bathroom units, most of which have been recently remodeled with updated kitchens and flooring.
- Strategic Location & Growth
Ideally situated within walking distance to the South Bay Galleria and the planned Metro Line extension, providing excellent potential for future appreciation and rental stability.
- Turnkey Income Potential
Currently operating at a solid 5% CAP rate with additional revenue from community laundry, this well-maintained asset offers immediate cash flow for investors.
CONSRISKS & DEFICIENCIES
- Parking & Access Constraints
The reliance on a rear carport with alley access for all eight parking spaces may be less appealing to tenants compared to private or secured garage options.
- Recent Price Appreciation
With a previous sale price of $1.6M in late 2023, the current $1.85M asking price represents a significant short-term markup that may limit immediate equity gains for the next buyer.
About 4724 W 173rd Street
Excellent value-add investment opportunity in centrally located South Lawndale, currently operating at a 5% CAP rate. Exceptionally well-maintained Fourplex consisting of four 2-bedroom, 2-bathroom very spacious units. The two front units feature two-story layouts, while the rear units are single-level upstairs units. The property includes eight parking spaces in a rear carport with alley access, and a community coin-operated laundry room for additional income. Most of the units are fully remodeled. Recent capital improvements include new flooring in all the units and updated kitchens in three of the units, enhancing tenant demand and long-term performance. Ideally located within walking distance to South Bay Galleria, restaurants, parks, schools, and the planned Metro Line extension, supporting strong rental stability and future appreciation.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1986
- Lot Size
- 5,777 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lawndale Unified Schools
William Green Elementary School
Grades K-5 • 0.4 mi
William Anderson Elementary School
Grades K-5 • 1.4 mi
Billy Mitchell Elementary School
Grades K-5 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,469 | 1,818.5 | 92% |
| Lot Size | 5,777 | 5,801.5 | 38% |
| Price | $1.85M | $972.0K | 96% |
| Price per sq ft | $414 | $506 | 21% |
| Built year | 1986 | 1952 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 216 | 4% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,850,000
$1,900,000
-3% Price Drop
Initial Listing
Price Change
Feb 3, 2026
$1,900,000
Initial Listing
Sold
Oct 31, 2023
$1,600,000
Public Record
Sold
Aug 27, 1999
$341,000
Public Record