$1,655,000
$1,695,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
7,532 Sqft Lot
SOLD DATE : 10/09/2024
Key Details
Sold Price $1,655,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24171372
Sold Date 10/09/24
Bedrooms 8
HOA Y/N No
Lot Size 7,532 Sqft
Property Description
We are pleased to offer for sale this 6 unit multi-family investment property for sale in the city of Hawthorne. This asset comprises large 2-bedroom/1-bath units, collectively encompassing 5,224 square feet of rental space situated on a 7,532 square foot lot. Each unit reflects meticulous care with various interior upgrades over time, enhancing tenant satisfaction and retention. Tenants benefit from convenient onsite carport parking and a communal laundry facility, adding great value and ease to their daily living. Located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, this property is ideally situated to attract and retain high-quality tenants who appreciate the blend of residential comfort and accessibility to major attractions and transportation hubs. An attractive aspect of this investment is the significant 25% upside in rental income (a new buyer can take advantage of the fact all units, with the exception of one, are scheduled for their annual rental increase), providing a lucrative opportunity for investors to capitalize on the property's potential in a highly desirable area. This investment is perfect for those seeking a well-maintained property with strong growth potential and steady cash flow.
We are pleased to offer for sale this 6 unit multi-family investment property for sale in the city of Hawthorne. This asset comprises large 2-bedroom/1-bath units, collectively encompassing 5,224 square feet of rental space situated on a 7,532 square foot lot. Each unit reflects meticulous care with various interior upgrades over time, enhancing tenant satisfaction and retention. Tenants benefit from convenient onsite carport parking and a communal laundry facility, adding great value and ease to their daily living. Located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, this property is ideally situated to attract and retain high-quality tenants who appreciate the blend of residential comfort and accessibility to major attractions and transportation hubs. An attractive aspect of this investment is the significant 25% upside in rental income (a new buyer can take advantage of the fact all units, with the exception of one, are scheduled for their annual rental increase), providing a lucrative opportunity for investors to capitalize on the property's potential in a highly desirable area. This investment is perfect for those seeking a well-maintained property with strong growth potential and steady cash flow.
Location
State CA
County Los Angeles
Area Hawthorne (90250)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $153
Acceptable Financing Cash
Space Rent $1,895
Listing Terms Cash
Financing Cash
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Bought with EZEQUIEL ACEVES • GUY HOCKER REALTORS