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4740 W 161st, Lawndale, California 90260, Lawndale, 90260 - 5 bed, 4 bath

4740 W 161st, Lawndale, California 90260 home-pic-0
ACTIVE$1,150,000
4740 W 161st, Lawndale, California 90260
5Beds
4Baths
2,214Sqft
5,845Lot
Year Built
1951
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$519
HOA
-
Days on market
-
Sold On
-
MLS number
GD25257335
Home ConditionGood
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $1.15M(82th), sqft - 2214(82th), beds - 5(95th), baths - 4(95th).

Exceptional Investment Opportunity in Prime Lawndale Location Perfect for first-time investors or those looking to expand their portfolio, this fully rented duplex offers outstanding income potential in one of Lawndale’s most desirable neighborhoods. Property Details: Front Unit: 3 Bedrooms / 2 Bathrooms | Current Rent: $3,300/month Rear Unit: 2 Bedrooms / 2 Bathrooms | Current Rent: $2,800/month Parking: Ample driveway parking available Highlights: Fully Occupied: Both units are tenant-occupied, generating immediate and stable rental income. Prime Location: Ideally situated near top-rated schools, shopping, dining, and major freeways for convenient access. Strong Cash Flow: Excellent existing income with potential to increase rents to market rates in the future. Flexible Ownership Options: Perfect for an owner-user-live in one unit while renting out the other to offset your mortgage. This is a rare opportunity to own a turnkey investment property offering dependable income, long-term appreciation potential, and a highly sought-after Lawndale location.

Nearby schools

5/10
William Green Elementary School
Public,•K-5•0.5mi
5/10
William Anderson Elementary School
Public,•K-5•0.9mi
4/10
Billy Mitchell Elementary School
Public,•K-5•1.1mi
7/10
Jane Addams Middle School
Public,•6-8•0.6mi
5/10
Will Rogers Middle School
Public,•6-8•0.9mi
4/10
Lawndale High School
Public,•9-12•0.8mi
5/10
Leuzinger High School
Public,•9-12•1.3mi
4/10
Hawthorne High School
Public,•9-12•2.2mi

Price History

Date
Event
Price
11/10/25
Listing
$1,150,000
04/23/14
Sold
$394,000
Condition Rating
Good
Despite being built in 1951, the property's interiors, particularly the kitchens and bathrooms, have undergone significant and relatively recent renovations. Both kitchens feature modern white shaker-style cabinets, dark countertops, stainless steel appliances, and recessed lighting. The bathrooms are updated with modern vanities, sinks, faucets, and contemporary tiling. Consistent laminate wood-look flooring is present throughout the visible living areas and bedrooms, and recessed lighting is a common feature. These updates make the property move-in ready with no immediate cosmetic renovations required. However, the overall age of the structure and the visible wall-mounted heater (suggesting a lack of central HVAC) prevent an 'Excellent' rating, as major underlying systems may still be older.
Pros & Cons

Pros

Established Income & Full Occupancy: Both units are currently tenant-occupied, providing immediate and stable rental income, making this a turnkey investment property.
Strong Cash Flow Potential: The property generates excellent existing income with the potential to increase rents to market rates in the future, enhancing long-term profitability.
Prime Lawndale Location: Ideally situated in a desirable Lawndale neighborhood with convenient access to top-rated schools, shopping, dining, and major freeways.
Flexible Ownership Options: Offers the flexibility for an owner-user to live in one unit while renting out the other, significantly offsetting mortgage costs.
Ample Parking: The property includes ample driveway parking, a practical advantage for tenants and a desirable feature in urban areas.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2214, other record living area = 1219.
Age of Property: Built in 1951, the property is over 70 years old, which may indicate aging infrastructure, systems, and potential for higher maintenance costs or the need for significant capital improvements.
Undisclosed Interior Condition: The listing description lacks details on recent renovations or the current interior condition of the units, suggesting potential for future investment to modernize or update.
No Specific View: The property explicitly states 'None' for views, meaning it lacks an amenity that could enhance tenant appeal or property value, particularly for higher-end rentals.

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