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$2,195,000
Est. payment /mo
6 Beds
8 Baths
5,048 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,048 sqft
Price per Sqft $434
MLS Listing ID 26105002
Bedrooms 6
HOA Y/N No
Year Built 1951
Lot Size 10,876 Sqft
Property Description
8-Unit Garden-Style Apartment in Highly Desirable Hawthorne Location - West of Prairie Avenue & South of 120th Street | 6 of the 8 Units Extensively Renovated with New Windows, Electrical, Plumbing & Modern Interior Finishes | Main Electrical Panel Upgraded with New Meters for Every Unit | Large 10,876-SF Corner Lot with Excellent ADU Potential (Buyer to Verify) | 6.08% Current Cap Rate & 11.30 Current GRM | 6.58% Pro-Forma Cap Rate & 10.65 Pro-Forma GRM | Unit H Currently Vacant & Undergoing Renovations - Unit B Will Be Delivered Vacant | Recently Painted Property with Tremendous Curb Appeal | Each Unit Features Front & Rear Entrances with Outdoor Space on Both Sides | Located Approximately 1 Mile to SpaceX & Tesla Design Center and 2 Miles to SoFi Stadium & Intuit Dome | Unit Mix of (6) 1-Bedroom/1-Bathroom Units & (2) Studio/1-Bathroom Units | (3) Freestanding 2-Car Garages Totaling 6 Garage Spaces - Potential to Convert Garages into ADUs (Buyer to Verify) | No Local Rent Control - Defaults to AB 1482 | On-Site Laundry Facility Also Used by Neighboring Property - Generating Additional Income* | Strong Neighboring Employment Centers: Northrop Grumman, Boeing, SpaceX & LAX Airport
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Zoning HAR3YY
Interior
Fireplace No
Appliance Washer
Laundry Laundry Room
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Total Parking Spaces 6
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4046019005
Special Listing Condition Standard
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Listed by Jonathan Nikfarjam Shield CRE, Inc. #01856803
Nearby Locations
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