Property
Beds
12
Full Baths
None
1/2 Baths
None
Year Built
1961
Sq.Footage
6,357
Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | Unit Mix of (3) 2-Bedroom/2-Bathroom Units, (2) 2-Bedroom/1-Bathroom Units & (2) 1-Bedroom/1-Bathroom Units | Upgraded Electrical Subpanels in Each Unit (2023) & Newer Main Electrical Panels | Main Sewer Line Replaced | 5.38% Current Cap Rate & 12.34 Current GRM | 7.74% Pro-Forma Cap Rate & 9.50 Pro-Forma GRM | Property Passed SB 721 Balcony Inspection & Building Tented for Termite within Past Few Years | Approximately 1.5 Miles Northrup Grumman & Intuit Dome and 2 Miles from SoFi Stadium | No Local Rent Control - Defaults to AB 1482 | 6,357-SF Apartment on a 7,179-SF Lot | Partial Copper Plumbing, New Hot Water Heater & Gas Shut-Off Valves | On-Site Laundry Facility - Generates Additional Annual Income | Total of 7 Parking Spaces | Strong Neighboring Employment: Raytheon, Los Angeles Times, SpaceX, Tesla Design Center, Hollywood Park Tomorrow, Boeing & LAX Airport
Features & Amenities
Interior
-
Total Bedrooms
12
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Covered
-
Patio and Porch Features
Enclosed
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1648
-
Property Type
Residential Income
Price
-
Sales Price
$2,000,000
-
Sq. Footage
6, 357
-
Price/SqFt
$314
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Nikfarjam , Shield CRE, Inc.
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