$1,585,000
$1,585,000
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9 Beds
9 Baths
6,701 Sqft Lot
SOLD DATE : 07/07/2023
Key Details
Sold Price $1,585,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23054937
Sold Date 07/07/23
Bedrooms 9
HOA Y/N No
Lot Size 6,701 Sqft
Property Description
Trophy 4 Plex located in one of the most desirable pockets of the South Bay. This massive, 4,800 SF, 4 unit building comes with an incredibly desirable unit mix. Potential owner's unit is a 3Bed+2.5Bath Townhouse and there are also (3) 2Bed+2Bath units. One unit could be delivered empty at the close of escrow. This is the perfect opportunity for any owner/user looking to live in one unit and let their neighbors pay their mortgage or any investor looking for prime asset with a high yielding unit mix. Electrical, plumbing and roof are all in good condition due to the building being built in 1989. A brand new roof was installed in 2018. The property has 8 garage parking spots (10 total) on-site as well as an on-site laundry room. Some units also have washer/dryer hookups. Once rented for market, 3702 W 126th St will operate at a 7.74% and 10.08 GRM. This is a perfect opportunity for any investor or owner to grab an incredible asset in a great neighborhood. The subject property is located in a nice quiet pocket of Hawthorne, which features great schools such as Hawthorne Math & Science Academy, Kornblum School, Bud Carson and Leuzinger. Additionally, the property is just minutes from major employers and new developments such as Hawthorne Plaza Mall, Ring Headquarters, Boeing, SpaceX, Hollywood Park and SoFi Stadium.
Trophy 4 Plex located in one of the most desirable pockets of the South Bay. This massive, 4,800 SF, 4 unit building comes with an incredibly desirable unit mix. Potential owner's unit is a 3Bed+2.5Bath Townhouse and there are also (3) 2Bed+2Bath units. One unit could be delivered empty at the close of escrow. This is the perfect opportunity for any owner/user looking to live in one unit and let their neighbors pay their mortgage or any investor looking for prime asset with a high yielding unit mix. Electrical, plumbing and roof are all in good condition due to the building being built in 1989. A brand new roof was installed in 2018. The property has 8 garage parking spots (10 total) on-site as well as an on-site laundry room. Some units also have washer/dryer hookups. Once rented for market, 3702 W 126th St will operate at a 7.74% and 10.08 GRM. This is a perfect opportunity for any investor or owner to grab an incredible asset in a great neighborhood. The subject property is located in a nice quiet pocket of Hawthorne, which features great schools such as Hawthorne Math & Science Academy, Kornblum School, Bud Carson and Leuzinger. Additionally, the property is just minutes from major employers and new developments such as Hawthorne Plaza Mall, Ring Headquarters, Boeing, SpaceX, Hollywood Park and SoFi Stadium.
Location
State CA
County Los Angeles
Area Hawthorne (90250)
Zoning Assessor
Building
Lot Description Curbs
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,530
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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Bought with General NONMEMBER • NONMEMBER MRML