Seller is motivated to make a deal - Attractive price with a current 6.08 plus Cap Rate from day one with 2026 increases due soon for the studio apartments. soon for added value in the near future, please take a closer look... Lawndale rent control is the statewide rent control, California Protection Act - AB 1482 (5% plus CPI - max at 10%). This signalized corner location has multiple long-term tenants including an established restaurant, 8 studio apartments, an upholstery shop and an additional commercial building shared with the restaurant and the upholstery shop. There are two lots that are being sold together with a total lot size of 18,668 sf with 4 buildings of approx. 5,509 sf of net rentable space. There are 18 on-site parking stalls including one ADA stall as well as a work area behind the upholstery shop. This is a prime beach city location with close proximity to the beach cities surrounding communities and within a few blocks of the 405 - freeway - providing immediate access to the 91 and 105 freeways. There's plenty of upside to improve the return with upcoming rental renews. https://tour.caimagemaker.com/l/?id=183543