$1,300,000
$1,350,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
SOLD DATE : 10/23/2024
Key Details
Sold Price $1,300,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24038244
Sold Date 10/23/24
Bedrooms 6
Property Description
Major price revision & updated lending packages! 5 unit apartment building in Hawthorne. Surging rental pocket commanding top rents. In Proximity To SpaceX, Major Local/National Employers, Common Space and Los Angeles Ale Works, & Several New and Exciting Commercial Development Projects. The property layout is (1) 2 bed/1 bath front attached house, (3) 1 bed/1 bath units, and (1) 2 bed/1 bath unit. 4 of 5 units have been nicely rehabbed. Newer roof and master water heater. Copper plumbing throughout. Upgraded electrical panels, new exterior lighting and seismic shut-off valves. Dedicated carport parking for each unit & laundry room. Strong day 1 cash flow with additional rental upside: 5.30% Cap Rate, 6.02% Proforma. Well located just east of Prairie between Jack Northrop Avenue & West El Segundo Boulevard. Access to the 105 and 405 Freeways.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Just East of Praire Ave, located in the first residential pocket between Jack Northrop Avenue & West El Segundo Boulevard.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
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Bought with NON LISTED AGENT San Diego

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