7-Unit Apartment
15917 Prairie, Lawndale, CA 90260
For Sale
$2,150,000
The building contains 5,194 square feet and dates to 1986.
Property Size5,194 SF
Price / SF$413.94
Days on Market195
Property Features for 15917 Prairie
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Won Suk Kim Real Estate, Inc.
(323) 202-5885
Listed By:
Ixbalanque Garcia · License #02035537
(562) 474-1722
Source:
Monumentglobalestates
Added: Apr 28
Changed: Nov 7
Last Checked: Nov 7 at 5:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Won Suk Kim Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Located at 15917 Prairie in Lawndale, this 7-unit apartment property was built in 1986 and contains 5,194 square feet. The property is identified as having potential for a 2-bedroom ADU, which could add another residential unit, subject to applicable requirements.
Key Highlights
- 7‑unit apartment property
- 5,194 square feet
- Built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,576
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,671,520
$1.7M
Cap Rate 7%
$1,193,943
$1.2M
Cap Rate 9%
$928,622
$928.6K
Market Conditions
NOI Build-Up for 5,194 SF
Gross rent
$165.2K $31.80/SF
− Vacancy
−$13.2K −$2.54/SF
EGI
$152.0K $29.26/SF
− OpEx
−$68.4K −$13.17/SF
NOI
$83.6K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,671,520
Cap Rate 7%
$1,193,943
Cap Rate 9%
$928,622
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,576 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,659 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,238
Businesses Nearby
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Business Placement
Demographics for 90260, CA
33,338
Population
10,787
Households
3.1
Avg Household Size
36
Median Age
23%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
13,335
Density / Sq Mi
$86,736
Median Household Income
$38,183
Median Earnings
$1,877
Median Rent
$745,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The building contains 5,194 square feet and dates to 1986.
Where is this apartment building located?
The property is located at 15917 Prairie Lawndale, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 7‑unit apartment property; 5,194 square feet; Built in 1986
