Lawndale Homes with Mixed Use Subtype

Lawndale Homes with Mixed Use Subtype

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Newest Lawndale Homes with Mixed Use Subtype

4056 Marine Avenue, Lawndale
$1,370,000
DW26191304 MLS ⋅ Active Status
4056 Marine Ave is a well-positioned neighborhood retail property located at the signalized corner of Marine Ave and Osage Ave in Lawndale, California. The property consists of approximately 4,505 SF of building area situated on an 11,547 SF lot and is currently 100% occupied by five tenants across six units (one tenant occupies two units). The building is equipped with a brand-new roof, including new plywood base, that was installed one year ago and has a 7-year warranty on labor and 12-year warranty on the materials. All the leases are short-term giving an owner user buyer, or an investor, tons of flexibility. The small unit sizes support consistent leasing demand, while the property’s prominent corner position offers excellent visibility and accessibility. The rear parking lot has 17 on-site parking spaces. Each unit has its own restroom and rear door. Each unit is separately metered for electricity.4056 Marine Ave is strategically located in Lawndale within the highly desirable South Bay region of Los Angeles County. With roughly 26,000 vehicles passing the property daily, and an average household income of approximately $100,000 in the surrounding area, the property benefits from strong local demographics and convenient access to the broader South Bay market. The property benefits from convenient access to major transportation corridors, established residential neighborhoods, retail destinations, restaurants, and employment centers throughout the South Bay. Its location provides strong exposure and accessibility for neighborhood-serving businesses while benefiting from the area’s established customer base and attractive household demographics.

4056 Marine Avenue, Lawndale

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.