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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.
Last Updated | 9/18/2024 | Year Built | 1961 |
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Community | Ramona/Burleigh | County | Los Angeles |
Additional Details
AREA | Ramona/Burleigh |
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LOT | 5825 sq ft |
LOT DESCRIPTION | 2-5 Units/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | HAR3YY |
Location
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