4011 W 160th St, Lawndale, CA 90260

Property Description

CBRE, Inc. is proud to present 4011 W. 160th Street in the city of Lawndale. This duplex offers an investor or owner user the opportunity to own in one of the most attractive rental markets within the South Bay area. 4011 W. 160th Street is an upgraded one story, duplex, consisting of two individual houses on a ±5,635 square foot parcel, with a total building size of ±1920/SF. The building features a front two-bedroom two bath unit with a bonus room and a back two-bedroom one bath unit. Parking consists of two garage spaces in the rear of the property with access from the alley. Utilities are separately metered for gas and electric and water/sewer is mastered metered. The property has been under professional management, and existing rents are approximately 25% under market level. Rent payments for both residents are current. The property is centrally located and is less than four miles from Manhattan Beach. Bordered by Redondo Beach on the West and Southwest, Hawthorne on the North, Torrance on the Southeast, and El Camino Village on the East, the location provides quick access to the 405, 105, and 91 Freeways. Lawndale’s central location, touted as the “heart” of the South Bay, allows residents to enjoy the areas premiere beaches, shopping, dining and entertainment establishments, along with major employment generators. It is important to note the subject properties proximity from the proposed South Bay Galleria redevelopment which will bring renewed energy to the area.