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17226 Grevillea Ave

Lawndale, CA 90260
  • $5,900,000
  • STATUS: Active Under Contract
  • ON SITE: 55 Days
  • MLS #: 26665609
Under Contract
UPDATED: 76 min ago
$5,900,000
  • 48
    BEDS
  • 0.24
    ACRES
  • 24
    BATHS
  • 0
    1/2 BATHS
  • 18,908
    SQFT
  • $312
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

Description

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 feetsubstantially 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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-05-12T10:42:45.11. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/174175364
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17226 Grevillea Ave Lawndale, CA 90260

  • Price: $5,900,000
  • Status: Active Under Contract
  • On Site: 55 Days
  • Updated: 76 min ago
  • MLS #: 26665609
48
Beds
24
Baths
0
½ Baths
0.24
Acres
18,908
SQFT
$312
$/SQFT
1979
Built
Neighborhood:
South Lawndale
County:
Los Angeles
Area:
South Lawndale
Property Description
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 feetsubstantially 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.
Exterior Features

Levels Two Lot Size Area 24058 Other Structures None Parking Garage None Total Parking 0

Interior Features

Cooling None Equipment None Heating None

Property Features

Assessed Total Value 702406 Disclosures None Gross Income 561060 Gross Operating Income 554068 Like Units1 24 Net Operating Income 321895.00 Number Of Buildings 3 Number Of Units 24 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 232174 Type Of Units Market Year Built Source Vendor Enhanced Zoning LNR3PY

Listing provided courtesy of Steffan Braunlich DRE#01859098 of Berkadia: 310-209-3200.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-05-12T10:42:45.11. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210