14616 Osage Ave, Lawndale, CA 90260
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14616 Osage Ave Lawndale, CA 90260

$1,575,000
  • 9 Beds
  • 5 Baths
  • 3,538 Sq.Ft.
For Sale
$1,575,000 Get Pre-Qualified

Map preview of 14616 Osage Ave, Lawndale, CA 90260

Property Overview: 14616 Osage Ave Lawndale, CA has 9 bedrooms, 5 bathrooms, 3,538 living square feet and 6,794 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: Own and Thrive in Lawndale - Spacious Units, Prime Location* Welcome to this exceptional 4-unit apartment building, a fantastic opportunity for owner-users and investors alike! Situated on a tranquil cul-de-sac street with ample parking, this property offers a relaxed lifestyle. The spacious front unit, boasting 3 bedrooms and 2 baths, is perfect for owner occupancy. The remaining 2-bedroom, 1-bath units provide comfortable living spaces for tenants. Two ADU opportunity for this property! Call agent for details. Enjoy strong returns with a 4.5% CAP rate (BTV) and the flexibility of owner-friendly Lawndale, free from its own rent control ordinances; subject to AB 1482 – Statewide Rent Cap The California Tenant Protection Act of 2019. See attached supplement for more information. All of this sits on a generous 6,794 Sq ft lot, near plentiful dining and shopping options.

Listed by Gary Richardson | BRE #00466560 | Strand Hill Properties
Last checked: 1 minute ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
6,794
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
SB24193504
City
Lawndale
County
Los Angeles
Time on Site
1 day
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,783
  • Total Rent: $2,783
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,375
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,375
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,325
  • Total Rent: $2,325
  • Pro Forma/Market Rent: $2,375
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $116,376
  • Net Operating Income: $77,795
  • Gross Operating Income: --
  • Laundry Income: $1,200
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $38,581
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 14616 Osage Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 4077014007
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of 147th and Osage
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 14616 Osage Ave

Last sold on April 26th, 2012
  • September, 2024

  • Sep 17, 2024

    Date

    Expired

    CRMLS: SB24052697

    $1,598,700

    Price

  • Mar 15, 2024

    Date

    Active

    CRMLS: SB24052697

    $1,690,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2024

  • Sep 17, 2024

    Date

    Active

    CRMLS: SB24193504

    $1,575,000

    Price

  • April, 2012

  • Apr 26, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2012

  • Mar 28, 2012

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

Show More

Tax History for 14616 Osage Ave

Assessed Value (2020): $631,671
Year Land Value Improved Value Assessed Value
2020 $229,698 $401,973 $631,671

Home Value Compared to the Market

This property vs the competition

14616 Osage Ave is listed 92.31% 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 $445.17 per/sqft which puts the price per square foot 21.21% lower than the median price per square foot for the city of Lawndale.

About 14616 Osage Ave

Detailed summary of property

14616 Osage Ave is a fourplex located in Lawndale, CA 90260 and is currently for sale. This fourplex offers 9 bedrooms, 5 bathrooms, roughly 3,538 living square feet, and sits on an approximately 6,794 square foot lot. 14616 Osage Ave was first listed on ArdentRealEstateGroup.com on September 17, 2024. The homeowner is currently asking $1,575,000. 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 92.31% higher than the median priced home. Local competing homes currently for sale include 6607 Brynhurst Ave, 1250 W 83rd St and 6313 S Victoria Ave. While the average home in Lawndale, CA is selling in 64 days, 14616 Osage Ave has a days on market of 1 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 14616 Osage 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 14616 Osage Ave

Public county record property details
Beds
9
Baths
5
Year built
1964
Sq. Ft.
3,538
Lot Size
6,792
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
4077-014-007

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.