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.
|
DAYS ON MARKET
|
54
|
LAST UPDATED
|
9/20/2024
|
|
YEAR BUILT
|
1959
|
COMMUNITY
|
East Hawthorne
|
|
GARAGE SPACES
|
6.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
None |
| APPLIANCES |
Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator, Washer |
| AREA |
East Hawthorne |
| GARAGE |
Assigned, Covered, Yes |
| HEAT |
Wall Furnace |
| LOT |
0.45 acre(s) |
| LOT DESCRIPTION |
Value In Land |
| PARKING |
Assigned,Covered |
| SEWER |
Other |
| STORIES |
1 |
| STYLE |
Bungalow |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
HAR3* |
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Listed with Trimax Realty, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/24 12:14 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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