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Palm View Village Lawndale 14724 Inglewood Ave 50 Unit Apartment Building For Sale Lawndale, CA 90260



INVESTMENT HIGHLIGHTS
- Over $2.6 million in capital improvements since 2020, including seismic, electrical, and plumbing upgrades
- Secured building with gated access and parking for every unit
- Located across from Urth Caffé and near major retail anchors
- 44 of 50 units fully remodeled with modern interiors
- In-place 6.15% cap rate with stabilized rents and no concessions
- JV pricing and preferred equity options available with conversion flexibility
EXECUTIVE SUMMARY
Positioned in the heart of Lawndale’s South Bay corridor, 14724 Inglewood Avenue presents a rare opportunity to acquire a stabilized, coastal-adjacent multifamily asset with significant upside. This 50-unit property, comprised predominantly of studio units, has undergone over $2.6 million in capital improvements since 2020, including seismic retrofitting, electrical and plumbing upgrades, and the full renovation of 44 interiors. The building is secured with gated access and offers dedicated parking for every unit—an uncommon amenity in this dense infill location.
The asset is currently operating at a 6.15% cap rate with in-place rents averaging $2,360 per unit and no concessions. With financing already secured at competitive terms and a pro forma gross rent potential of $1.41 million, investors can benefit from both immediate cash flow and long-term appreciation. The property’s location across from Urth Caffé and near major retailers like Home Depot and Best Buy enhances its walkability and tenant appeal.
CBK Investments, a seasoned South Bay syndicator with over 40 years of experience, is offering this asset with flexible JV structures, including preferred equity options backed by personal guarantees and the ability to convert to common shares after year one. This is a compelling opportunity for investors seeking a turnkey, income-producing asset with long-term redevelopment or repositioning potential in a high-demand coastal submarket.
The asset is currently operating at a 6.15% cap rate with in-place rents averaging $2,360 per unit and no concessions. With financing already secured at competitive terms and a pro forma gross rent potential of $1.41 million, investors can benefit from both immediate cash flow and long-term appreciation. The property’s location across from Urth Caffé and near major retailers like Home Depot and Best Buy enhances its walkability and tenant appeal.
CBK Investments, a seasoned South Bay syndicator with over 40 years of experience, is offering this asset with flexible JV structures, including preferred equity options backed by personal guarantees and the ability to convert to common shares after year one. This is a compelling opportunity for investors seeking a turnkey, income-producing asset with long-term redevelopment or repositioning potential in a high-demand coastal submarket.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.87 AC |
| No. Units | 50 | Building Size | 59,760 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1961 |
| Apartment Style | Low-Rise | Parking Ratio | 2.53/1,000 SF |
| Building Class | C | ||
| Zoning | LNR3YY - restricted Density Multiple Dwelling | ||
| Sale Type | Investment |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.87 AC |
| Building Size | 59,760 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 2.53/1,000 SF |
| Zoning | LNR3YY - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Window Coverings
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 49 | - | 475 |
| 2+1 | 1 | - | 500 |
1 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 4078-007-023 | Improvements Assessment | $8,142,055 |
| Land Assessment | $3,901,377 | Total Assessment | $12,043,432 |
PROPERTY TAXES
Parcel Number
4078-007-023
Land Assessment
$3,901,377
Improvements Assessment
$8,142,055
Total Assessment
$12,043,432
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MATTERPORT 3D EXTERIOR
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Presented by
Bruce Boisvert
Palm View Village Lawndale | 14724 Inglewood Ave
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