Courtesy: John Mociak - Avenue Realty Group; Email: jmociak@avenuerg.com;
Major price revision, 5 unit apartment building in Hawthorne! Surging rental pocket commanding top rents. In Proximity To SpaceX, Major Local/National Employers, Common Space and Los Angeles Ale Works, & Several New and Exciting Commercial Development Projects. The property layout is (1) 2 bed/1 bath front attached house, (3) 1 bed/1 bath units, and (1) 2 bed/1 bath unit. 4 of 5 units have been nicely rehabbed. Newer roof and master water heater. Copper plumbing throughout. Upgraded electrical panels, new exterior lighting and seismic shut-off valves. Dedicated carport parking for each unit & laundry room. Strong day 1 cash flow with additional rental upside: 5.20% Cap Rate, 5.91% Proforma. Well located just east of Prairie between Jack Northrop Avenue & West El Segundo Boulevard. Access to the 105 and 405 Freeways.
CRSB24038244
Business Opportunities, Other
Los Angeles
1948
0.16
Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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