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Key Details
Sold Price $1,770,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,188 sqft
Price per Sqft $341
MLS Listing ID 22197675
Sold Date 10/28/22
Bedrooms 11
HOA Y/N No
Year Built 1963
Lot Size 6,952 Sqft
Property Description
This 5-unit apartment building is an opportunity for an investor to purchase a turnkey opportunity in the South Bay. Located west of Prairie Ave, in Northern Hawthorne, this property consists of (1) three-bed/two-bath and (4) two-bed/one-bath units. Property and units have been extensively upgraded and updated. This is an opportunity for an investor to own a property in a high demand rental market with tremendous growth potential. This turnkey opportunity has 21% rental upside potential. See Docs for additional information on upgrades and amenities made to the unit by the seller. There is attractive assumable financing available at 3.50% interest rate, contact agents for more information.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Zoning HAR3YY
Interior
Interior Features Ceiling Fan(s)
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer
Exterior
Parking Features Attached Carport, Assigned
Attached Garage Yes
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4047005014
Financing Assumed,Cash,Conventional
Special Listing Condition Standard
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Bought with David O'Keefe • Marcus & Millichap