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800.ELLIMAN

Lauren Perreault

  • Local Expert 257 points
  • Review 1
  • Questions 0
  • Answers 6
  • Discussions 0

Reviews

Lawndale
4/5 rating details
  • Neighborly Spirit 3/5
  • Clean & Green 3/5
  • Pest Free 5/5
  • Peace & Quiet 4/5
  • Eating Out 3/5
  • Nightlife 2/5
  • Parks & Recreation 3/5
  • Shopping Options 4/5
  • Gym & Fitness 4/5
  • Internet Access 5/5
  • Lack of Traffic 4/5
  • Parking 3/5
  • Cost of Living 5/5
  • Resale or Rental Value 4/5
  • Public Transport 5/5
  • Medical Facilities 5/5
Just now

"A great town for investors!"

Lawndale has, I believe, the highest percentage of residential investment property in the South Bay, with many, many duplexes, triplexes and quadriplexes at affordable prices. Low purchase prices and high rents make this an investors paradise, with a possibility of good positive cash flow with 25 percent down. Local tenants tend to move in, pay cash, and stay for years, too, so you won't have a huge problem with turnover. The area is nestled right next to big beach powerhouse cities like Manhattan Beach and Redondo Beach, so the area is close enough to the beach to probably see some huge appreciations once the recession issues have cleared. I have sold lots of these great little duplexes to investor clients -- let me show you what you can find there!
Pros
  • Terrific for investors
Cons
  • Schools not the best in the South Bay
Review written via StreetAdvisor The opinions expressed within this review are those of the individual reviewer and not those of Douglas Elliman. Report
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All data is deemed reliable but is not guaranteed accurate by the RLS or Douglas Elliman. See Terms of Service for additional restrictions.

All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.

The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

© 2014. Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. Equal Housing Opportunity.