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14528 Condon Ave, Lawndale, CA 90260
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14528 Condon Ave Lawndale, CA 90260

$1,550,000
  • 8 Beds
  • 4 Baths
  • 3,566 Sq.Ft.
For Sale
$1,550,000 Get Pre-Qualified
Map preview of 14528 Condon Ave, Lawndale, CA 90260

Property Overview: 14528 Condon Ave Lawndale, CA has 8 bedrooms, 4 bathrooms, 3,566 living square feet and 10,663 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent investment opportunity with 4 separate units, each with 2 bedrooms 1 bathroom on a large lot. Great location with stores and schools nearby plus easy access to transportation options. Every unit has newer dual-paned windows and laundry hookups inside. Upgraded rear unit features quartz countertop in the kitchen and vinyl plank floors throughout. Total parking for 8 cars - each unit has 1 spot in a garage and 1 spot in the driveway. Super clean units are well-maintained with long-term tenants. Solid income with upside potential and low expenses make this property the perfect addition to your portfolio. *** MOTIVATED SELLER!! ***

Listed by Rick Wilkinson | BRE #01427456 | Redfin Corporation
Last checked: 6 minutes ago | Last updated: September 10th, 2024 | Source CRMLS | DOM: 134

Home details

Lot Sq. Ft
10,663
HOA Dues
$0/mo
Year built
1959
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
SB24089640
City
Lawndale
County
Los Angeles
Time on Site
134 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,577
  • Total Rent: $1,577
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,159
  • Total Rent: $2,159
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,611
  • Total Rent: $2,611
  • Pro Forma/Market Rent: $2,611
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.9%
  • Gross Rent Multiplier: 13.2
  • Gross Scheduled Income: $91,704
  • Net Operating Income: $80,661
  • Gross Operating Income: $91,704
Annual Expense Breakdown
  • Total Operating Expense: $11,043
  • New Taxes: $19,388
  • Trash: $1,069
  • Insurance: $2,718
  • Water/Sewer: $4,011

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Property Details for 14528 Condon Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl, Wood
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: Front Yard, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 4078005016
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Crossroads: Rosecrans Ave and Condon Ave
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Lawndale Agent

Sale History for 14528 Condon Ave

View property's historical transactions

  • May, 2024

  • May 7, 2024

    Date

    Active

    CRMLS: SB24089640

    $1,650,000

    Price

Tax History for 14528 Condon Ave

Assessed Value (2020): $491,441
Year Land Value Improved Value Assessed Value
2020 $178,507 $312,934 $491,441

Home Value Compared to the Market

This property vs the competition

14528 Condon Ave is listed 89.26% higher than the median list price for the city of Lawndale which has a median list price of $819,000. The median price per/sqft for Lawndale is $565 and this home is listed at $434.66 per/sqft which puts the price per square foot 23.07% lower than the median price per square foot for the city of Lawndale.

About 14528 Condon Ave

Detailed summary of property

14528 Condon Ave is a fourplex located in Lawndale, CA 90260 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 3,566 living square feet, and sits on an approximately 10,663 square foot lot. 14528 Condon Ave was first listed on ArdentRealEstateGroup.com on May 7, 2024. The homeowner is currently asking $1,550,000 and was originally asking $1,650,000. The median priced home in Lawndale is $819,000 with a median price per square foot of $565. Based on Ardent Real Estate Group's Lawndale Market Data, this home is listed 89.26% higher than the median priced home. Local competing homes currently for sale include 432 W 107th St, 6313 S Victoria Ave and 1250 W 83rd St. While the average home in Lawndale, CA is selling in 64 days, 14528 Condon Ave has a days on market of 134 days. There are currently 23 homes for sale in the Lawndale real estate market and 16 of them are single family homes while 3 of them are condos and 4 are townhomes. For more information on this home for sale at 14528 Condon Ave Lawndale, CA 90260 contact Ardent Real Estate Group and we will put you in touch with one of our Lawndale agents.

Public Facts for 14528 Condon Ave

Public county record property details
Beds
8
Baths
4
Year built
1959
Sq. Ft.
3,566
Lot Size
10,660
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
4078-005-016

The source for these homes facts are from public records.

90260 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$819,000
Median List Price/Sq.Ft.
$565
Median Sold Price
$880,000
Median Sold Price/Sq.Ft.
$609
Total Inventory
24
Median Sale to List Price %
100.57%
Avg Days on Market
50
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (40%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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