17226-17304 Grevillea Avenue 17226 Grevillea Ave 24 Unit Apartment Building $5,900,000 ($245,833/Unit) 5.46% Cap Rate Lawndale, CA 90260

17226-17304 Grevillea Avenue represents a unique three-building apartment community that has been thoughtfully managed under single ownership since its construction in 1979. The three properties sit on adjacent parcels along Grevillea Avenue in one of Lawndale’s most established residential neighborhoods. The property is 100% two-bedroom, one-bathroom apartments averaging approximately 788 square feet—substantially larger than newer construction in the area. This generous square footage provides residents with comfortable living spaces and gives future owners the flexibility to upgrade units with modern finishes, in-unit laundry connections, and contemporary amenities that can command significantly higher rents. Current ownership has maintained professional management with stable occupancy and long-term tenant relationships. On-site laundry facilities serve all residents, with potential to upgrade or add in-unit connections as part of a value-add program.