$870,000
$890,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
6,398 Sqft Lot
SOLD DATE : 04/11/2022
Key Details
Sold Price $870,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB21256162
Sold Date 04/11/22
HOA Y/N No
Year Built 1948
Lot Size 6,398 Sqft
Property Description
Perfect starter two-on-a-lot in Hawthorne close to El Camino College, Hawthorne Airport, SpaceX, and Sofi Stadium. 32% upside to income on inplace rents. Separate free standing 2-car garage with plumbing and electrical that could be easily converted to an ADU. GRM on market rents of
13.7X, 10.7X after ADU conversion. Rear unit recently remodeled. Dense rental market with low vacancy.
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HAR3*
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Urban
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4052011004
Energy Description 569.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to Loan
Special Listing Condition Standard
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