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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,995,000

Est. payment - /mo

6,751 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB25035540

HOA Y/N No

Year Built 1987

Lot Size 6,751 Sqft

Property Sub-Type Mixed Use

Property Description

Nestled in a residential pocket of Hawthorne, this large 7-unit apartment property presents an exceptional investment for a seasoned owner or exchange buyer. Offering a strong unit mix, the building features80s construction, (6) 2-bedroom/1-bath units and (1) spacious 3-bedroom/2-bath townhome-style unit. The property boasts 15 total parking spaces, including 1 garage and 12 carport spaces, along with shared laundry facilities. With a 3.94% CAP rate and 14.46 GRM, the building generates strong current income, while a 47% rental upside offers significant long-term potential with a 7.04% market CAP and 9.83 market GRM. Strategically located across the street from SpaceX, the property benefits from a prime location with easy access to major employers, retail, and dining.

Location

State CA

County Los Angeles

Area 110 - East Hawthorne

Zoning HAR3YY

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Carport Spaces 12

Garage Description 1.0

Pool None

Community Features Biking

Total Parking Spaces 13

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4049003053

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Read Less Info

Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 3107801899

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12501 Kornblum AVE Hawthorne, CA 90250