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

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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.

ATTACHMENTS

Updated Lido OM

PROPERTY FACTS

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
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4078-007-023
Land Assessment
$3,901,377
Improvements Assessment
$8,142,055
Total Assessment
$12,043,432
  • Listing ID: 37275932

  • Date on Market: 8/14/2025

  • Last Updated:

  • Address: 14724 Inglewood Ave, Lawndale, CA 90260

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