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17220 Grevillea Avenue

Lawndale, CA 90260
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Bed 16

Bed

Bath 16

Bath

SqFt8,165

Sqft

SqFt14,411

Sqft(Lot)

Prime South Bay Location: 16-unit apartment situated on a large 14,411-SF lot in a highly desirable Lawndale location, west of Hawthorne Boulevard, 2 blocks from South Bay Galleria and just 3 blocks from Redondo Beach. Exceptional ADU Potential: Large lot and ample parking areas present the opportunity to add up to 8 ADUs, including the potential to convert space above carport spaces into 2 new ADUs without eliminating any parking (Buyer to Verify). Strong Cash Flow & Rental Upside: 5.90% current cap rate and 10.67 GRM, with upside to a 6.64% pro-forma cap and 9.80 GRM, or a 6.52% current cap and 7.26% pro-forma cap with the implementation of RUBs. Recent Capital Improvements: Property features new main electrical, new electrical subpanels in each unit (2026), newer roof (2023), upgrade d units, and recent exterior and landscaping improvements. Value-Add Utility Reimbursement Opportunity: Master-metered for gas and electricity, providing investors with the opportunity to implement RUBs to recapture utility expenses and improve operating efficiency. Favorable Property Attributes: On-site laundry facility, 16 parking spaces, and no local rent control (AB 1482 only).

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,950,000

AD Id : 88281485

MLS Id : 26859087

Beds : 16

Lot Size : 14,411 Sqft

Living Area Size : 8,165

Year Built : 1959

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 16

    Bathroom Information

    Total Baths: 16

  • Building Information

    Year Built: 1959
    Building Area Total: 8165
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 14411 Lot Size Acres: 0.3308 Lot Size Source: Estimated Lot Size Square Feet: 14,411

  • Listing Price Information

    Listing Price: $3950000

  • Tax Information

    Parcel Number: 4081027033

  • Location Information

    Direction: West of Hawthorne Boulevard, North of Artesia Boulevard, South of 172nd Street, East of Firmona Avenue
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3638 W 157th, Lawndale, CA, 90260 $1,175,000 3 2 1,444 1,444 SqFt
15109 Gerkin Avenue, Lawndale, CA, 90260 $945,000 3 2 1,520 1,520 SqFt
14815 Prairie Avenue, Lawndale, CA, 90260 $4,650,000 24 18 13,521 13,521 SqFt
15917 Prairie, Lawndale, CA, 90260 $2,150,000 -- -- 5,194 5,194 SqFt
14611 Larch Avenue, Lawndale, CA, 90260 $5,195,000 22 22 13,870 13,870 SqFt
4163 W 156th Street, Lawndale, CA, 90260 $749,900 3 2 896 896 SqFt
4222 W 156th, Lawndale, CA, 90260 $969,000 3 2 1,544 1,544 SqFt
4162 W 162nd Street, Lawndale, CA, 90260 $675,000 3 2 1,090 1,090 SqFt
15011 Kingsdale, Lawndale, CA, 90260 $995,000 3 3 2,177 2,177 SqFt
15016 Firmona, Lawndale, CA, 90260 $875,000 3 2 1,824 1,824 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/18/2026 @ 17:45

MLS: 26859087 LISTED BY: Jonathan Nikfarjam, Shield CRE, Inc. 310-593-9869 SOURCE: CRMLS

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