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Listing provided courtesy of Pat Swanson, Pat Swanson
Source CRMLS
4750 W BroadwayHawthorne, CA 90250
$3,295,000
bed
bath
0sq ft
4750 W Broadway, Hawthorne, CA 90250
Sixteen (16) Non-Rent Controlled Units in Hawthorne; less than one (1) Mile to Space X and the Tesla Design Center. Offered at only $205,938 / Unit, the property boasts a 5.39% Actual CAP, and 7.70% Pro-Forma CAP Return. This recession proof complex has a Unit Mix of: One (1) 2 Bedroom/1Bath, Five (5) 1 Bedroom/1Bath and Ten (10) Studios, which rarely become vacant. Furthermore, the real estate sits on Two Parcels of land (a Fourteen (14) unit Parcel, and a Two (2) unit Parcel), which makes the ...

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Home facts
Listing
Status
Active Under Contract
Listed 20 days ago
Property type Vacant Land
Property
Year Built 1962
Style
Community
Lot Size 12,006 sq ft
MLS # OC24059985
Price
List price $3,295,000
Price/sq ft $
Home details
Interior Features & Layout
Interior Features
Entry Location: Front
Rooms Info
Entry Level: 1
Appliances
Laundry Features: Common Area

Property, Lot, Community & Exterior Features
Multi-Unit Info
Number Of Units Total: 16
Parking Info
Garage Spaces: 1.0
Garage: true
Parking Spaces: 1.0
Building Info
Building Area Units: SquareFeet
Levels: Two
Total Sq. Ft.: 7430.0
MLS Property Type: Residential Income
Number of Stories: 2
Year Built Source: Public Records
Lot Info
Lot Size Source: Public Records
Elevation Units: Feet
Zoning Type: HAR3YY
Lot Details: Garden
Lot Size Area: 12006.0
Acres: 0.2756
Lot Size Units: Square Feet
Community Info
Number Of Buildings: 1
Community Features: Sidewalks
Property Features
Common Walls: 2+ Common Walls

Utilities & Other Information
Utility Info
Number Of Separate Electric Meters: 17
Number Of Separate Gas Meters: 17
Number Of Separate Water Meters: 1
Water & Sewer Info
Water Source: Public
Sewer: Public Sewer

Listing Details, Costs & Financing Information
Financial Info
Water Sewer Expense: 6497.0
Gross Income: 295604.0
Fuel Expense: 7076.0
Trash Expense: 4074.0
Insurance Expense: 7430.0
Gross Scheduled Income: 302891.0
Operating Expense: 118121.0
Terms
Cash
Cash to New Loan
1031 Exchange
Lease Info
Net Operating Income: 177483.0
Monthly Rent: 25241.0
Tax/Assessment Info
2.000
2.000
APN: 4041018039
Listing Details
Status: Active Under Contract
Originating System Name: CRMLS
Other
Electric Expense: 12794.0

School Neighborhood & Directions
Location
Zip Code: 90250
Area: 699 - Not Defined
Zip Code +4: 3658
Directions: 4750 Broadway
Country: US
Neighborhood
29
Listings
9
Days listed
$573.48
Price per sqft
102.23%
Sold over list %
Property history
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