4326 W 149th Street, Lawndale, California 90260, Lawndale, 90260 - bed, bath

4326 W 149th Street, Lawndale, California 90260 home-pic-0
ACTIVE$2,500,000
4326 W 149th Street, Lawndale, California 90260
0Bed
0Bath
8,182Sqft
24,998Lot
Year Built
1963
Close
-
List price
$2.5M
Original List price
$2.6M
Price/Sqft
$306
HOA
-
Days on market
-
Sold On
-
MLS number
PV25045704
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.50M(95th), sqft - 8182(95th), beds - undefined(50th), baths - undefined(50th).

DO NOT CALL SELLER! PROPERTY WILL BE RELISTED IN 2026. With a nearly 25,000 sq. ft. lot, 4326 W. 149th Street is not your typical Lawndale apartment complex. Each unit has an outdoor patio or yard space with a private garage. There are three separate duplex buildings (six units with three bedrooms each) with one-car attached garages. The two-bedroom, single-family house has a two-car detached garage and a private yard. All units are leased to long-term tenants on a month-to-month basis, and all rents are current. Rents are below market rate, and all units are eligible for a rent increase. The property's Lawndale location offers easy access to several freeways and is near all the amenities of the Beach Cities, making it attractive to tenants and an excellent investment opportunity. Please respect the tenants' privacy and DO NOT walk on the property. Please direct any questions to the listing agent. The property will be shown to buyers who have submitted a written offer, along with proof of funds and/or loan pre-approval.

Nearby schools

7/10
Lucille J. Smith Elementary School
Public,K-50.3mi
5/10
William Anderson Elementary School
Public,K-50.4mi
4/10
Billy Mitchell Elementary School
Public,K-50.6mi
7/10
Jane Addams Middle School
Public,6-80.4mi
5/10
Will Rogers Middle School
Public,6-80.4mi
5/10
Leuzinger High School
Public,9-120.4mi
4/10
Lawndale High School
Public,9-120.6mi
4/10
Hawthorne High School
Public,9-121.6mi

Price History

Date
Event
Price
09/21/25
Price Change
$2,500,000
04/01/25
Listing
$2,600,000
Condition Rating
Poor

Built in 1963, this property is over 60 years old. The images reveal highly outdated kitchens with old cabinets, dated appliances (including a washing machine in the kitchen), and basic tile flooring. Bathrooms are similarly basic with old vanities and fixtures. The presence of popcorn ceilings throughout the living areas further indicates a lack of significant renovation in several decades. While the property appears functional, it requires substantial rehabilitation and modernization to meet current quality standards and command market-rate rents, aligning with the 'Poor' condition criteria for properties built over 30 years ago with no major renovations in the past 30-50 years.
Pros & Cons

Pros

Significant Upside Potential: Rents are currently below market rate and all units are eligible for rent increases, offering immediate value-add opportunity for investors to boost cash flow.
Large Lot Size & Private Amenities: The property boasts a nearly 25,000 sq. ft. lot, and each of the seven units benefits from private outdoor space (patio or yard) and dedicated garage parking.
Multi-Unit Income Property: Comprising three separate duplex buildings (six 3-bedroom units) and an additional 2-bedroom single-family house, this property offers diversified income streams from seven distinct units.
Stable Tenancy & Current Rents: All units are leased to long-term tenants on a month-to-month basis with current rent payments, ensuring immediate and stable cash flow for a new owner.
Desirable Location & Accessibility: Located in Lawndale, the property offers easy access to several freeways and is conveniently close to the amenities of the Beach Cities, enhancing its appeal to tenants.

Cons

Strict Showing Requirements & Limited Access: Buyers are prohibited from walking the property and must submit a written offer with proof of funds/pre-approval to view, significantly hindering initial due diligence and accessibility.
Unusual Listing Timeline/Seller Intent: The statement 'PROPERTY WILL BE RELISTED IN 2026' creates ambiguity regarding the seller's immediate commitment to selling and the property's long-term availability, potentially deterring serious buyers.
Age of Property: Built in 1963, the property is over 60 years old, which may indicate a need for significant capital expenditures for updates, renovations, or deferred maintenance in the near future.

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