For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,650 sqft
Price per Sqft $263
MLS Listing ID 23236145
Sold Date 05/15/23
Bedrooms 15
HOA Y/N No
Year Built 1962
Lot Size 8,703 Sqft
Property Description
Highly Desirable Hawthorne Location - West of Prairie Avenue | Significant Value-Add Potential - Approximately 88% in Rental Upside | 8.33% Pro-Forma Cap Rate & 8.98 Pro-Forma GRM | Large 6,650-Square Foot Building on an 8,702-Square Foot Lot | Outstanding Unit Mix of (One) Large 3-Bedroom/2-Bathroom Upgraded Unit, (Two) 3-Bedroom/1.5-Bathroom Units & (Three) 2-Bedroom/1-Bathroom Units | Front Large 3-Bedroom/2-Bathroom Upgraded Unit Contains Private Front Yard, Large Living Room & Washer/Dryer Hook-Ups | Back 3-Bedroom/1.5-Bathroom Unit Contains Private Balcony | Approximately 1 Mile from SpaceX & Tesla Design Center and 3 Miles from SoFi Stadium & Upcoming Intuit Dome (NBA Clippers Arena) | Copper Plumbing, On-Site Laundry Facility & 6 Carport Parking Spaces with Storage | No Local Rent Control - Defaults to AB 1482 | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Zoning HAR3YY
Interior
Fireplace No
Appliance Washer
Laundry Laundry Room
Exterior
Parking Features Covered, Carport
Carport Spaces 6
Total Parking Spaces 6
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4045027014
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jonathan Nikfarjam • Shield CRE, Inc.
GET MORE INFORMATION