14808 Condon Avenue

Lawndale, CA 90260

$1,049,000
Price
3
Beds
3
Baths
1,523 Sq. Ft.
$689 / Sq. Ft.
1,523
Sq. Ft.
$689
per Sq. Ft.

Description

A rare opportunity to purchase an ideally set up duplex at 14808 Condon Avenue in Lawndale. This property offers the perfect hybrid real estate purchase, offering the appeal as an investment property as a rent-yielding duplex, or a charming home offering the added incentive of rental income from a legal second unit. The front house features 3 bedrooms, 1.5 baths, a laundry room, and a private enclosed yard, creating a backdrop for your pets to call home, or the perfect spot for hosting gatherings...A rare opportunity to purchase an ideally set up duplex at 14808 Condon Avenue in Lawndale. This property offers the perfect hybrid real estate purchase, offering the appeal as an investment property as a rent-yielding duplex, or a charming home offering the added incentive of rental income from a legal second unit. The front house features 3 bedrooms, 1.5 baths, a laundry room, and a private enclosed yard, creating a backdrop for your pets to call home, or the perfect spot for hosting gatherings . There is also a driveway that can accommodate up to 4 cars, plus a 2-car garage. 2-car garage. The rear studio unit impresses with chic finishes, a completely separate entrance, and its own private yard and parking. Both units have been thoughtfully updated, including a new electrical panel and sub-panel, renovated bathrooms, modern finishes, and a newer water heater. The front yard has a recently installed sprinkler system and fresh landscaping. This property is situated on a prime corner lot in North Lawndale, and the studio has it's own separate address and frontage on 148th St. 148th St is truly a hidden gem of Lawndale, a serene and peaceful cul-de-sac that only the locals know. This property is just blocks away from local schools, and offers convenient, quick access to Manhattan Beach and Redondo Beach, making it truly the ideal opportunity as an investment property, or a primary residence. Rarely do such properties hit the market. Please note that there is a lease in place until 8/1/2025. Tenants are paying $5250 per month rent.
  1. Listed by Rodman Amiri • DRE #01760226 • Brokerage DRE #01845055 • Merit Real Estate • 310-989-6704

Property Details for 14808 Condon Avenue

View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
Zoned Area(s)
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1523
LISTING UPDATED: 01/08/2025 03:04 AM

Property Details for 14808 Condon Avenue

StatusActive
MLS #PV25003482
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.13 AC / 5,551 SF
CountyLos Angeles County

Building Information for 14808 Condon Avenue

Stories1Residences-Year Built1956Building Size-Lot Size0.13 AC / 5,551 SF

Property Information for 14808 Condon Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $63,000
  • Gross Scheduled Income: $63,000
  • Net Operating Income: $46,075
  • Cap Rate: 4.4
Expense Details
  • Operating Expense: $16,925
  • New Taxes Expense: $13,125
  • Gardener Expense: $900
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,500
  • Maintenance Expense: $0
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $400
  • Supplies Expense: $0
  • Total Expenses: $16,925
Tax / Assessment Info
  • Tax Tract Number: 856
  • Tax Census Tract: 6039.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 42
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range
  • Equipment: Dishwasher, Room
  • Room Type: Kitchen, Laundry, Living Room, Primary Suite
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Ductless, Zoned
  • Heating Type: Central
  • Heating: Central
  • Flooring: Tile, Vinyl, Wood
Exterior Features
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Near Public Transit, Park Nearby, Sprinkler System, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway Level, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,000
  • Unit Type Total Rent: $4,000
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 14808 Condon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14808 Condon Avenue

Taxable ValueLand$448,393Additions$322,623Total$771,016
Tax Record2024$10,096 ($841 / month)
Home Facts
Total Finished SqFt1,523 SqFtAbove Grade Finished SqFt1,523 SqFtStories1Lot Size5,551 SqFtStyleDuplexYear Built1956ZoningLNR2YYCountyLOS ANGELESAPN4078-010-022

Schools near 14808 Condon Avenue

This home is within Lawndale Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Billy Mitchell Elementary School
PublicK to 5

Jane Addams Middle School
Public6 to 8

Hawthorne High School
Public9 to 12

Lawndale High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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14808 Condon Avenue is a multi-family home for sale in Lawndale, CA 90260. This property was listed for sale on January 7, 2025 by Merit Real Estate, it's currently listed at $1,049,000. It has been on the market for a total of 2 days and was last sold on May 23, 2019. This listing's school districts are Lawndale Elementary School District, Centinela Valley Union High School District. Nearby schools include Billy Mitchell Elementary School, Jane Addams Middle School and Hawthorne High School. 14808 Condon Avenue is a 3-bed, 3-bath, 1,523 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Merit Real Estate, Rodman Amiri, DRE #01760226

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.