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Key Details
Sold Price $2,615,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,752 sqft
Price per Sqft $268
MLS Listing ID 25505443
Sold Date 05/29/25
Bedrooms 21
HOA Y/N No
Year Built 1968
Lot Size 8,777 Sqft
Property Description
Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | Approximately 1 Mile from Northrup Grumman, Raytheon & El Segundo | Outstanding Unit Mix of (One) 3-Bedroom/1.75-Bathroom Unit, (Eight) 2-Bedroom/1.75-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units | 5.02% Current Cap Rate & 13.22 Current GRM | 8.44% Pro-Forma Cap Rate & 9.02 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | 9,752-SF Apartment on an 8,782-SF Lot | Upgraded Electrical Subpanels | 15 Parking Spaces |. On-Site Laundry Facility - Generates Additional Annual Income | Strong Neighboring Employment: SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Zoning HAR3YY
Interior
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Covered
Total Parking Spaces 15
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4041010046
Special Listing Condition Standard
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Bought with Donald Massimo • Keystone Realty