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$ 2,326,000
Est. payment | /mo
4,920 SqFt
$ 2,326,000
Est. payment | /mo
4,920 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,920 sqft
Price per Sqft $472
MLS Listing ID CL26835959
HOA Y/N No
Year Built 1959
Lot Size 0.448 Acres
Acres 0.4483
Property Sub-Type Other
Property Description
Located in the transitional Hawthorne, that has been going through development and gentrification over the last 5-10 years. This property benefits from a strategic location with proximity to major highways, public transportation, schools, and shopping centers. Investor can increase rents on 3 out of the 6 units to increase the return on investment or an investor can sell each unit individually for a higher return on investment. Hawthorne has a stable rental market with a strong demand for housing making this property a solid investment choice and further stabilized via regular tenancy leases. Hawthorne benefits from a diverse local economy with opportunities in retail, healthcare, education, and manufacturing, ensuring a steady pool of potential tenants. The property has historically maintained low vacancy rates due to its attractive location and well-maintained units. With .44 of an acre of land, there is potential of development for a higher density. Please check with the City of Hawthorne and or your desired professionals.
Location
State CA
County Los Angeles
Zoning HAR3*
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Laundry In Kitchen, Washer
Exterior
View Y/N false
View None
Building
Water Other, Public
New Construction No
Others
Tax ID 4052005063
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Listed by Fred Nabati • Trimax Realty, Inc.
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