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Pat Swanson
Pat Swanson
949-724-5564
Sixteen (16) Non-Rent Controlled Units in Hawthorne; less than one (1) Mile to Space X and the Tesla Design Center. Offered at only $205,938 / Unit, the property boasts a 5.39% Actual CAP, and 7.70% Pro-Forma CAP Return. This recession proof complex has a Unit Mix of: One (1) 2 Bedroom/1Bath, Five (5) 1 Bedroom/1Bath and Ten (10) Studios, which rarely become vacant. Furthermore, the real estate sits on Two Parcels of land (a Fourteen (14) unit Parcel, and a Two (2) unit Parcel), which makes the need for a dedicated on-site manager optional ~ buyer to verify. The property has ample parking with Six (6) Open Stalls, Twelve (12) Carports and One (1) Garage, allowing for ADU Opportunities as well. The City of Hawthorne has become highly sought after due to its centralized location with Playa Del Ray directly to the West, and Culver City bordering to the North. Note: Although the property is NOT subject to any City Rent Control requirements, the building still falls under California AB1482.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1962
Building Area Total: 7,430
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2756
Lot Size Source: Public Records
Lot Size Square Feet: 12006
Original List Price: 3,295,000
Listing Contract Date: 2024-03-26
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4041018039
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: 699 - Not Defined
Postal Code Plus 4: 3658
Directions: 4750 Broadway
Zoning: HAR3YY
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Mixed Use
Property Age: 62
Common Walls: 2+ Common Walls
Structure Type: Mixed Use
Year Built Source: Public Records
Entry Level: 1
Entry Location: Front
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
13406 Lemoli Avenue, Heathrow, CA,90250 | $750,000 | 2 | 1 | 1,588 | 5551 Sqft |
4954 W 118th Street, Heathrow, CA,90250 | $755,000 | 3 | 1 | 1,326 | 5014 Sqft |
13311 Kornblum Avenue, Heathrow, CA,90250 | $4,500,000 | 31 | -- | 16,080 | 20758 Sqft |
3639 W 147th Street, Heathrow, CA,90250 | $929,000 | 3 | 1 | 1,063 | 5201 Sqft |
4372 W 130th Street, Heathrow, CA,90250 | $2,249,000 | -- | -- | 5,899 | 8703 Sqft |
4731 W El Segundo Boule.., Heathrow, CA,90250 | $995,000 | 3 | 2 | 966 | 4473 Sqft |
4203 W 141st Street, Heathrow, CA,90250 | $1,250,000 | 4 | 2 | 2,448 | 8697 Sqft |
12920 Central Avenue #401, Heathrow, CA,90250 | $815,000 | 1 | 1 | 1,160 | 17057 Sqft |
12105 York Avenue, Heathrow, CA,90250 | $2,500,000 | -- | -- | 8,328 | 9854 Sqft |
5101 W 133rd Street, Heathrow, CA,90250 | $1,399,000 | 5 | 4 | 2,323 | 6106 Sqft |
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ByOwner last updated this listing 05/20/2024 @ 01:02
MLS: OC24059985
LISTED BY: Pat Swanson, Pat Swanson
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.