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Key Details
Sold Price $1,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22139223
Sold Date 06/14/22
HOA Y/N No
Year Built 1961
Lot Size 8,712 Sqft
Property Description
Highly Desirable Hawthorne Location - West of Prairie | Approximately 1.5 Miles to SpaceX & 3 Miles to SoFi Stadium | Significant Value-Add Potential - Approximately 45% in Rental Upside | 6.31% Pro-Forma Cap Rate & 11.31 Pro-Forma GRM | Great Intrinsic Value at $254 Per Square Foot | No Local Rent Control -Defaults to AB 1482 | (One) 3-Bedroom/1.75-Bathroom Unit and (Five) 2-Bedroom/1-Bathroom Units | Private Balconies, Enclosed Private Patios & 6 Carport Parking Spaces with Storage | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Zoning HAR3YY
Interior
Fireplace No
Exterior
Parking Features Carport
Carport Spaces 6
Total Parking Spaces 6
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4045004010
Special Listing Condition Standard
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Bought with Jonathan Nikfarjam • Shield CRE, Inc.