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Key Details
Sold Price $2,780,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,208 sqft
Price per Sqft $338
MLS Listing ID 22199165
Sold Date 12/20/22
Bedrooms 14
HOA Y/N No
Year Built 1987
Lot Size 9,979 Sqft
Property Description
Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | 1987 Construction | Significant Value-Add Potential - Approximately 38% in Rental Upside | 7.38% Pro-Forma Cap Rate & 10.31 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Approximately 1.5 Miles to SpaceX and El Segundo & 2 Miles to SoFi Stadium | Outstanding Unit Mix of (Two) 3-Bed/2-Bath Townhouse Units and (Eight) 1-Bed/1-Bath Plus Loft Units | Large 9,981-Square Foot Lot | Eighteen Covered Parking Spaces & an On-Site Laundry Facility | 4.82% Current CAP Rate & 14.22 Current GRM | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Zoning HAR3YY
Interior
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Parking Features Covered, Garage
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 18
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4044006033
Special Listing Condition Standard
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Bought with Nabil Awada • Matthews Real Estate Investment Services
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