17220 Grevillea Ave, Lawndale, CA 90260

Property Description

The Dutch Arms Apartments is an outstanding investment opportunity. This low-rise apartment asset is comprised of 16 one bed/one bath units. The units are well laid out and average approximately 500 square feet each (buyer to verify), and the 8,165 total square foot building is on a large 14,411 square foot lot. The asset is master metered for utilities which is an attractive feature for today’s price conscious renter. There is an onsite laundry room and ample onsite parking.
 
 Located in the very south tip of the City of Lawndale, the property is a stone’s throw from Torrance and Redondo Beach. Walk Score of 90! And the property is just north of the 2019 approved the South Bay Galleria Redevelopment plan. The project is anticipated to cost more than $900,000,000 and will be a “game changer” for the community. When completed, this will be the largest development project in Redondo Beach’s history (1.6 million square feet). The prospect of this redevelopment project and its positive effects on the Dutch Arms’ residents quality of life cannot be understated. This investment opportunity is perfect for both savvy new and seasoned investors alike.