Seller Carry Financing Available | Highly Desirable Hawthorne Location - West of Prairie Avenue & South of 120th Street | Approximately 34% in Rental Upside - 6.69% Pro-Forma Cap Rate & 11.07 Pro-Forma GRM | 4.49% Current CAP Rate & 14.81 Current GRM | Main Sewer Line Replaced in 2014 & Building Hot Water Heater Replaced in 2018 | Approximately 1 Mile from SpaceX & Tesla Design Center and 2.5 Miles from SoFi Stadium & Upcoming Intuit Dome (NBA Clippers Arena) | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom + Den Owner's Unit & (Four) 2-Bedroom/1-Bathroom Units | Three-Bedroom Owner's Unit with Fireplace & Washer/Dryer Hook-Ups | No Local Rent Control - Defaults to AB 1482 | Three-Bedroom Unit Fully Renovated (2018) with All New Windows, HVAC Unit (A/C), Electrical, Cabinets, Countertops, Kitchen Appliances, Bathrooms, Vinyl Flooring & Recessed CAM Lighting | Copper Plumbing, On-Site Laundry Facility & Total of 10 Parking Spaces (Tandem) | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
HOA
No HOA
On market
16 days
Year built
1962
Property type
Multi-Family
Parking
10
MLS
22214313
Price / Sq.Ft.
$307 / ft2
Buyer’s Brokerage Commission
2.5%