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4464 W 142nd ST Hawthorne, CA 90250
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Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRCV24169345
Sold Date 11/01/24
Originating Board California Regional MLS
Year Built 1961
Lot Size 5,825 Sqft
Property Description
We are pleased to offer for sale this 4 unit (Fourplex) investment opportunity in prime Hawthorne. This multi-family residential property offers an outstanding investment opportunity, boasting oversized units and a prime location. The property encompasses a total of 4,322 rental square feet situated on a 5,825 square foot lot and includes a diverse unit mix: one 3-Bedroom/1.75-Bath "Owner's Unit" featuring private laundry hookups, another 3-Bedroom/1-Bath unit, and two 2-Bedroom/1-Bath units. Each unit is separately metered for electricity and gas, ensuring ease of management and cost efficiency. Located in close proximity to key attractions such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property combines convenience with high tenant demand. Additionally, onsite carport parking adds to the appeal for residents, enhancing the property's desirability. Highlighting its potential, there is a significant 40% upside in rental income as all units are poised for an annual rent increase.
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Interior
Laundry 30, Other, 38
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 4043032004
Special Listing Condition Not Applicable
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Bought with Kristopher German