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.
7,292 Sq Ft
0.2 Private Acres Exterior Space
Investment
Built in 1962
MLS/Listing ID PW25025534
2 Stories
6 Units
Parking - Detached Carport
Parking - Carport
Listing Courtesy of LYON STAHL INVESTMENT REAL EST, WOODY STAHL - 310-425-9838
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE