Hawthorne, CA 90250,13930 Hawthorne WAY
Hawthorne, CA 90250,13930 Hawthorne WAY
Hawthorne, CA 90250,13930 Hawthorne WAY
7
$1,929,000
$1,950,000
1.1%
Est.Price: ?

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6,113 Sqft Lot

13930 Hawthorne WAY Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 09/20/2024

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Key Details

Sold Price $1,929,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRCV24172294

Sold Date 09/20/24

Originating Board California Regional MLS

Year Built 1986

Lot Size 6,113 Sqft

Property Description

We are pleased to exclusively offer for sale this "turn-key" 7 unit investment property located in the city of Hawthorne. The subject property, being offered for sale by the original builder, epitomizes pride of ownership and craftsmanship. Constructed in 1986 and well-maintained over time, the building features 6,448 square feet of rental space on a 6,113 square foot lot, showcasing a mix of one 2-Bedroom/1.5-Bath unit and six 1-Bedroom/1-Bath units. Throughout its history, the property has seen numerous interior updates enhancing its appeal and functionality. Tenants benefit from a variety of amenities including gated private entry, covered onsite parking, a fully equipped laundry facility, and the convenience of dishwashers and stoves provided by the owner. Most notably, there exists a significant 20% upside in rental income, providing a lucrative opportunity for investors to increase revenue and capitalize on the property's full potential in a high-demand area. (Five of the seven units are eligible for their annual rent increase, which a new buyer can implement immediately.) Strategically located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, this property is ideally situated to attract and retain high-quality tenants who appreciate the blend o

Location

State CA

County Los Angeles

Area 109 - Ramona/Burleigh

Interior

Laundry Other, Community Facility

Exterior

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 4043013010

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Kristopher German • RE/MAX 2000 REALTY
Bought with Samir Rai

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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