4741 W 173rd St, Lawndale, CA
Sales Price: $785,000
Price Per Unit: $392,500
Price Per SF: $450
Cap Rate: 3.55%
Listing & Selling Agents: Jesus Tavarez, David O'Keefe & Steve Bogoyevac
JUST CLOSED: LAWNDALE DUPLEX
November 23, 2020
The Bogie Group of Marcus & Millichap announced today the sale of 4741 West 173rd Street, a property consisting of two two-bedroom/one-bath homes located in Lawndale, CA. The asset sold for $785,000.
Jesus Tavarez, David O'Keefe, and Steve “Bogie” Bogoyevac, investment specialists in Marcus & Millichap’s South Bay office, had the exclusive listing to market the property on behalf of the seller, who sold the property as the downleg of their 1031 exchange and will be acquiring a new investment property out-of-state. Tavarez, O’Keefe and Bogoyevac also secured and represented the buyer, a local investorwho plans to take advantage of the asset’s proximity to the planned redevelopment of the South Bay Galleria.
4741 West 173rd Street offers two well-maintained 1951 construction two-bedroom/one-bath single-family homes with laundry hookups, new flooring, updated bathrooms, and grassy backyards.