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We are proud to exclusively offer for sale a meticulously maintained 9 unit multi-family property for sale in the city of Hawthorne, now offered for sale by the original builder. Constructed in 1986, this pride of ownership asset features a collection of nine LARGE units, each nearly 1,000 square feet in size, all configured as 1-bedroom/1-bathroom layouts. This provides a rare opportunity for an investor to acquire a well-established property directly from the hands that built it.The complex spans a total of 8,742 rental square feet on an 8,940 square foot lot. Residents benefit from secured gated entry and ample covered parking, with some units boasting two assigned spaces. Each apartment is equipped with modern conveniences such as an intercom entry system, an onsite laundry facility, and dishwashers and stoves provided by the owner, ensuring a comfortable and convenient living experience.Located in close proximity to key attractions and destinations such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property is ideally situated to attract and retain tenants seeking the lifestyle and convenience that the vibrant Hawthorne area offers. With nearly 20% upside in rental income, this investment is perfect for investors looking to own a well-cared-for property that is poised for revenue growth and appreciation.
Last Updated | 10/8/2024 | Year Built | 1986 |
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Community | Ramona/Burleigh | Garage Spaces | 2.0 |
County | Los Angeles |
Additional Details
AREA | Ramona/Burleigh |
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GARAGE | Yes |
LOT | 8940 sq ft |
LOT DESCRIPTION | 6-10 Units/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | HAR3* |
Location
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