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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,599,000

Est. payment - /mo

12 Beds

6 Baths

4,920 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,920 sqft

Price per Sqft $528

MLS Listing ID 26835959

Bedrooms 12

HOA Y/N No

Year Built 1959

Lot Size 0.448 Acres

Property Description

Located in the transitional Hawthorne, that has been going through development and gentrification over the last 5-10 years. This property benefits from a strategic location with proximity to major highways, public transportation, schools, and shopping centers. Investor can increase rents on 3 out of the 6 units to increase the return on investment or an investor can sell each unit individually for a higher return on investment. Hawthorne has a stable rental market with a strong demand for housing making this property a solid investment choice and further stabilized via regular tenancy leases. Hawthorne benefits from a diverse local economy with opportunities in retail, healthcare, education, and manufacturing, ensuring a steady pool of potential tenants. The property has historically maintained low vacancy rates due to its attractive location and well-maintained units. With .44 of an acre of land, there is potential of development for a higher density. Please check with the City of Hawthorne and or your desired professionals.

Location

State CA

County Los Angeles

Area 110 - East Hawthorne

Zoning HAR3*

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Inclusions PER LEASES AND ESTOPPEL CERTIFICATES

Fireplace No

Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Washer

Laundry In Kitchen

Exterior

Parking Features Assigned, Covered

Garage Spaces 6.0

Garage Description 6.0

Community Features Gated

View Y/N No

View None

Roof Type Composition,Shingle

Porch None

Total Parking Spaces 6

Building

Lot Description Value In Land

Entry Level One

Foundation Slab

Sewer Other

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4052005063

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Financing Cash,Private

Special Listing Condition Standard

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Listed by Fred Nabati Trimax Realty, Inc. #01276914

NEARBY SCHOOL & BUSINESS

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13632 -36 Cerise AVE Hawthorne, CA 90250