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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,495 sqft
Price per Sqft $245
MLS Listing ID 22205591
Sold Date 12/07/22
Bedrooms 11
HOA Y/N No
Year Built 1961
Lot Size 5,959 Sqft
Property Description
5 Huge units in Hawthorne, home of Spacex corporate office. There is 44% rent upside at Pro-forma. The units are bright and well laid out with an excellent mix consisting of (2) 3BR/ 1.75 BA units, (2) 2BR/1.75 BA units, and (1) 1BR/1BA unit. One of the 3BR/1. 75 BA units will be delivered vacant. There is parking for 7 cars which includes 2 tandem spaces. The building has separate meters for electric and gas and has been professionally managed for years. This is the perfect "value-add" play for an investor to generate increased real cash flow in the short term.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Zoning HAR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type Bonus Room, Bath, Dining Room, Living Room
Fireplace Yes
Appliance Disposal
Exterior
Garage Attached Carport
Carport Spaces 5
Parking Type Attached Carport
Attached Garage Yes
Total Parking Spaces 5
Building
Faces West
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4041003060
Special Listing Condition Standard
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Bought with Keith Moret • Keller Williams Beach Cities
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