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Key Details
Sold Price $2,230,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22118195
Sold Date 08/12/22
HOA Y/N No
Year Built 1987
Lot Size 7,265 Sqft
Property Description
4335 Rosecrans Ave has a very sought after unit concept where each unit has a large living room, kitchen, bedroom, bathroom, a loft, and private balcony; MOST TENANTS USE THE LOFT AS A SECOND SLEEPING AREA. The subject property is the perfect opportunity for a local investor and/or 1031 exchange buyer. Currently professionally managed, this opportunity has great in place income from both strong rents and RUBs. Built in 1987, the estimated rental space is 5,626 sq ft and each tenant has 2 gated parking spots. Hawthorne has been a great South Bay rental market with close proximity to LAX, SoFi Stadium, SpaceX, great dining options like Los Angeles Ale Works, Urth Café, etc...
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 15
Pool None
Community Features Biking, Suburban, Sidewalks, Urban
Total Parking Spaces 15
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Energy Description 350.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.