For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,956 sqft
Price per Sqft $209
MLS Listing ID 24446621
Sold Date 11/21/24
Bedrooms 14
HOA Y/N No
Year Built 1963
Lot Size 0.448 Acres
Property Description
Six Single-Story Units on Large 19,507-SF Lot | Outstanding Opportunity to Add 2 ADUs (Accessory Dwelling Units) or Redevelop the Property to a 13-Unit Apartment | Significant Value-Add Potential - Approximately 76% in Rental Upside | 8.96% Pro-Forma Cap Rate & 8.43 Pro-Forma GRM | Located Approximately 1 Mile from SpaceX & Tesla Design Center and 3 Miles from SoFi Stadium & Upcoming Intuit Dome (NBA Clippers Arena) | Outstanding Unit Mix of (One) 3-Bedroom/1-Bathroom Unit & (Five ) 2-Bedroom/1-Bathroom Units | Each Unit Contains Washer/Dryer Hook-Ups & One Garage | Tenants Pay All Gas and Electricity Expenses | No Local Rent Control - Defaults to AB 1482 | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HAR4*
Interior
Fireplace No
Appliance Washer
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Total Parking Spaces 6
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4052029048
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