4021 W 159th St, Lawndale
Turnkey duplex available! Both of these 2 bedroom and 1 bathroom units have completely upgraded kitchens and bathrooms and include newer flooring and paint throughout. You’ll also enjoy your time in the lovely backyard that was upgraded with compressed granite and a new 50 foot fence installed in 2021. Live in unit and rent out the other for the perfect house hack. Or, keep the current month to month tenants for an-easy-to-maintain investment property. The shared 2 car garage could potentially be turned into an ADU for more cash flow as well. Amazing location in a quiet neighborhood, around the corner from Alondra Park and Golf Course. Down the road from El Camino College and the South Bay Galleria. 4 miles to Sofi Stadium or to the ocean at Manhattan Beach Pier. Also easy access to the 405 to get you anywhere you need to go including a quick 15 min drive to LAX. Come get this great property today!
Property Details
- Units: 2
- Gross Rent Multiplier: 16.67
- Cap Rate: 3.7
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$925,000
Annual Income
$55,500
Annual NOI
$33,912
Annual Expense
$18,813
Rental Cost Details
| # OF UNITS | # OF BEDROOMS | # OF BATHS | ACTUAL RENT | TOTAL RENT | PRO FORMA | TOTAL PRO FORMA |
| 1 | 2 | 1 | $2,500 | $2,500 | $2,500 | $2,500 |
| 1 | 2 | 1 | $2,125 | $2,125 | $2,500 | $2,500 |
| TOTAL # OF UNITS | TOTAL # OF BEDROOMS | TOTAL # OF BATHS | GRAND TOTAL RENT | GRAND TOTAL PRO FORMA | ||
| 2 | 4 | 2 | $4,625 | $5,000 |
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