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Discover this spacious 7,292 SF 6-unit apartment building located in the heart of Hawthorne. Featuring a strong unit mix of (2) 3-bed/2-bath units and (4) 2-bed/1-bath units, this property offers a compelling investment opportunity. One front 3-bed/2-bath unit is currently vacant, presenting immediate value-add potential or an excellent opportunity for an owner-user. With a 4.80% CAP rate and 23% rental upside, the property is priced competitively at $325,000 per unit and $267.42 per square foot. Additional amenities include (6) carport spaces and shared laundry facilities. Ideally situated just off Hawthorne Blvd, the building is two blocks from Hawthorne Middle School, near Leuzinger High School, and offers convenient access to nearby retail and restaurants along Hawthorne and Inglewood Blvd.
Property Type(s):
Residential Income
| Last Updated | 2/4/2025 | Year Built | 1962 |
|---|---|---|---|
| Community | Ramona/Burleigh | County | Los Angeles |
Additional Details
| AREA | Ramona/Burleigh |
|---|---|
| GARAGE | Carport, Detached Carport |
| LOT | 8713 sq ft |
| LOT DESCRIPTION | 6-10 Units/Acre |
| LOT DIMENSIONS | 8713 |
| PARKING | Carport,Detached Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | HAR3YY |
Location
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Listed with Lyon Stahl Investment Real Est
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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