$1,870,000
$1,900,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
SOLD DATE : 06/27/2023
Key Details
Sold Price $1,870,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23082846
Sold Date 06/27/23
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
Here is a great opportunity to own a 7895 sqft 7 unit apartment building in a prime West of Prairie location in Hawthorne. Fully rented with 2 three bedroom units and 5 two bedroom units and 7 covered off street parking spaces. The property has been professionally managed for years and is due for the next rent increase under AB 1472. At just $241/sqft and a low 14.9 GRM there is lots of potential for future cash flow with the rent increases and/or making building improvements too. Income and expense info taken from the 2022 year end management report.
Location
State CA
County Los Angeles
Zoning Assessor
Direction West of Prarie
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Read Less Info
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Bought with Ronald Werner Vista Sotheby’s International Realty

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