$1,225,000
$1,195,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
5,066 Sqft Lot
SOLD DATE : 05/04/2022
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22038525
Sold Date 05/04/22
Bedrooms 8
HOA Y/N No
Lot Size 5,066 Sqft
Property Description
Prime Hawthorne 4-plex with four 2 bedroom, 1 bathroom units and a free standing garage (2 double car garages for a total of 4 spaces). Property is well maintained and professionally managed. Each unit has laundry hookups and multiple entrances. There is room to move the rent rates up overtime since the property is subject to state rent cap limitations only. Property is located near Space X, Tesla Design Center, Sofi Stadium, freeways and LAX. Property represents a great opportunity for short term rent rate upside and long term appreciation. Please do not walk the property.
Prime Hawthorne 4-plex with four 2 bedroom, 1 bathroom units and a free standing garage (2 double car garages for a total of 4 spaces). Property is well maintained and professionally managed. Each unit has laundry hookups and multiple entrances. There is room to move the rent rates up overtime since the property is subject to state rent cap limitations only. Property is located near Space X, Tesla Design Center, Sofi Stadium, freeways and LAX. Property represents a great opportunity for short term rent rate upside and long term appreciation. Please do not walk the property.
Location
State CA
County Los Angeles
Area Hawthorne (90250)
Zoning Public Rec
Building
Lot Description Sidewalks
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,425
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with Michael Richardson • Investedge Financial, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "