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The Warburton Team Brokered By EXp

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

$1,850,000

Est. payment - /mo

8,224 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26117270

HOA Y/N No

Year Built 1957

Lot Size 8,224 Sqft

Property Sub-Type Apartment

Property Description

Excellent opportunity to acquire a 7-unit residential investment property in Hawthorne featuring a desirable unit mix of six (6) one-bedroom units and one (1) spacious four-bedroom unit located at the rear of the property. The property has benefited from various upgrades and improvements over the years while still offering potential for a new owner to further enhance and add value. Most recently, Unit D was remodeled with new flooring, fresh paint, new cabinetry with stone countertops, and new windows.

The property generates approximately $12,555 per month in gross rental income when fully occupied and includes an on-site laundry room with owner-owned laundry equipment, providing an additional income stream and tenant amenity. Parking is a valuable feature, with a total of 12 on-site spaces consisting of six covered carport spaces and six uncovered tandem spaces for residents.

Conveniently located near major transportation corridors, employment centers, shopping, dining, and other local amenities, this property presents an attractive opportunity for investors seeking current income with future upside potential. Investors may also wish to explore the possibility of future ADU development or other value-add opportunities, subject to their own investigation and verification.

Location

State CA

County Los Angeles

Area 108 - North Hawthorne

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Parking Features Attached Carport, Covered, Carport, Driveway Level, Driveway, Tandem

Carport Spaces 6

Pool None

Community Features Curbs, Suburban, Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4044003009

Energy Description 110.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Joseph Geonetta R.E.M.S. Inc 310-567-0043, DRE #01949303

NEARBY SCHOOL & BUSINESS

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11426 Gale Hawthorne, CA 90250