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$ 2,495,000
Est. payment | /mo
8,938 Sqft Lot
$ 2,495,000
Est. payment | /mo
8,938 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV24209015
HOA Y/N No
Year Built 1986
Lot Size 8,938 Sqft
Property Description
We are proud to exclusively offer for sale a meticulously maintained 9 unit multi-family property for sale in the city of Hawthorne, now offered for sale by the original builder. Constructed in 1986, this pride of ownership asset features a collection of nine LARGE units, each nearly 1,000 square feet in size, all configured as 1-bedroom/1-bathroom layouts. This provides a rare opportunity for an investor to acquire a well-established property directly from the hands that built it.
The complex spans a total of 8,742 rental square feet on an 8,940 square foot lot. Residents benefit from secured gated entry and ample covered parking, with some units boasting two assigned spaces. Each apartment is equipped with modern conveniences such as an intercom entry system, an onsite laundry facility, and dishwashers and stoves provided by the owner, ensuring a comfortable and convenient living experience.
Located in close proximity to key attractions and destinations such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property is ideally situated to attract and retain tenants seeking the lifestyle and convenience that the vibrant Hawthorne area offers. With nearly 20% upside in rental income, this investment is perfect for investors looking to own a well-cared-for property that is poised for revenue growth and appreciation.
The complex spans a total of 8,742 rental square feet on an 8,940 square foot lot. Residents benefit from secured gated entry and ample covered parking, with some units boasting two assigned spaces. Each apartment is equipped with modern conveniences such as an intercom entry system, an onsite laundry facility, and dishwashers and stoves provided by the owner, ensuring a comfortable and convenient living experience.
Located in close proximity to key attractions and destinations such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property is ideally situated to attract and retain tenants seeking the lifestyle and convenience that the vibrant Hawthorne area offers. With nearly 20% upside in rental income, this investment is perfect for investors looking to own a well-cared-for property that is poised for revenue growth and appreciation.
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Zoning HAR3*
Interior
Fireplace No
Laundry Common Area, Inside
Exterior
Garage Spaces 2.0
Carport Spaces 13
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 15
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4052007012
Energy Description 2070.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Kristopher German • RE/MAX 2000 REALTY • 909-645-0443