4539 W 159 Th St is a $3,499,000, 8,772 square foot, 14 bedroom, 24.0 bath home located in Lawndale, CA.
10 LARGE units and 30 years newer than the typical South Bay apartment asset. The subject property has a secured, glass entry and on-grade parking structure with 20 striped spaces and two additional spots for the dumpster and vent piping. The unit mix of all 2's and 3's lends itself to tenant-stability. Four units rehabbed and copper plumbing, too. The building is well located (10 minute drive to Manhattan Beach Pier) and extremely well-run by the local, hands-on owner. No rent control, no annual code enforcement, no mandatory seismic/soft-story retrofit work - unlike a typical building in the City of LA. This is an ideal "buy-and-hold".
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