4724 W 173rd Street, Lawndale, California 90260, Lawndale, 90260 - 0 bed, 0 bath
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Lawndale, California 90260
This Remodeled Fourplex Asset represents a high-performing income opportunity with a List Price of $1,750,000. While priced above the $1,480,247 Fair Market Value, the property delivers a competitive 5.6% CAP rate and 13.2 GRM, justifying the acquisition through strong yield metrics. The units are in Well-Maintained Condition, featuring updated kitchens, new flooring, and spacious 2-bedroom, 2-bathroom units. Located near Jane Addams Middle School and the South Bay Galleria, the area ensures strong rental demand and future appreciation from the Metro Line extension. This is an ideal acquisition for Buy-and-Hold Investors or Income-Focused Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4724 W 173rd Street Subject | $1,750,000* List Price | 0 | 0 | 4,469 | $331 | - |
A 4706 W 168th Street Sold | $1,545,000 | 0 | 0 | 4,700 | $329 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1986 fourplex is well-maintained and features significant recent capital improvements. Interior images show new luxury vinyl plank flooring throughout, freshly painted walls, and updated kitchens with painted cabinetry and newer countertops. Bathrooms have been refreshed with modern vanities. While the exterior and some appliances reflect the property's age, the units are move-in ready and the major systems appear functional and well-kept.
The property operates at a competitive 5.6% CAP rate and 13.2 GRM, offering immediate cash flow and a solid value-add opportunity in a high-demand rental market.
Most units have been fully remodeled with new flooring and updated kitchens, reducing immediate maintenance needs and enhancing tenant retention and rental performance.
Ideally situated within walking distance to the South Bay Galleria and the planned Metro Line extension, ensuring strong future appreciation and long-term rental stability.
The assigned public schools have average ratings ranging from 4 to 5, which may be a drawback for families prioritizing top-tier educational districts.
With a high-density fourplex layout and a rear carport, the property offers minimal private yard or outdoor living space for individual tenants.
Excellent value-add investment opportunity in centrally located South Lawndale, currently operating at a 5.6% CAP rate and 13.2 GRM. 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, 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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.9 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 | 4,469 | 1,818.5 | 90% |
| Lot Size | 5,777 | 5,801.5 | 40% |
| Price | $1.75M | $1.00M | 95% |
| Price per sq ft | $392 | $496 | 20% |
| Built year | 1986 | 1951 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 234 | 5% |
Mar 31, 2026
$1,750,000
Initial Listing
Oct 31, 2023
$1,600,000
Public Record
Aug 27, 1999
$341,000
Public Record