
Seller's Agent in 2024
John Katnik
BRC Advisors- BH
(310) 956-2291
5 in this area
69 Total Sales
We are proud to present this 5-unit apartment in the South Bay city of Hawthorne! Consisting of 5 massive units just east of Hawthorne Blvd and south of Imperial Hwy, this property offers a unique opportunity to acquire the perfect property for a first-time investor or seasoned professional! The property has been in the same family for over 50 years, making this a rare value-add investment with true upside. The offering features a total of 5 apartment units consisting of 4,791 total building square feet on a 6,388 square foot lot. The unit mix comprises of three large 1-bedroom/1-bathroom (about 750-825 sq ft each), one 2-bedroom/1.5-bathroom unit (864 sq ft) and one 3-bedroom/2-bathroom owner's unit (1,336 sq ft) with private washer/dryer and fireplace! Two upstairs units enjoy private balconies!In the back of the property, there are 5 single carport spaces along with ample street parking as the area consists of mainly single-family homes and smaller multifamily properties. Electricity and gas are individually metered for each unit keeping utility costs relatively low. There is a common area laundry room on-site for tenants to enjoy. Hawthorne does not have local rent control, making this property subject to AB-1482 allowing healthy rent increases for the future owner. The property is in a central location close to SpaceX, Tesla, SoFi Stadium and the Intuit Dome. The location also provides easy access to the 105 and 405 freeways. Do not miss your opportunity to own in this highly desirable South Bay city!
Last Agent to Sell the Property
BRC Advisors- BH License #02002695 Listed on: 09/24/2024
Last Buyer's Agent
Joshua Cohen
Keller Williams South Bay License #01346713
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
11/19/2024 11/19/24 | Sold | $1,350,000 | -1.8% | $282 / Sq Ft |
09/30/2024 09/30/24 | Pending | -- | -- | -- |
09/24/2024 09/24/24 | For Sale | $1,375,000 | -- | $287 / Sq Ft |
Seller's Agent in 2024
John Katnik
BRC Advisors- BH
(310) 956-2291
5 in this area
69 Total Sales
J
Buyer's Agent in 2024
Joshua Cohen
Keller Williams South Bay
Source: The MLS
MLS Number: 24-444365
APN: 4047-014-009