Hawthorne, CA 90250,4464 W 142nd Street

$1,325,000

$1,325,000

Est.Price: ?

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Est. payment /mo

10 Beds

5 Baths

5,825 Sqft Lot


SOLD DATE : 11/01/2024

Key Details

Sold Price $1,325,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24169345

Sold Date 11/01/24

Bedrooms 10

HOA Y/N No

Lot Size 5,825 Sqft

Property Description

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 propertys desirability. Highlighting its potential, there is a significant 40% upside in rental income as all units are poised for an annual rent increase.
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 propertys desirability. Highlighting its potential, there is a significant 40% upside in rental income as all units are poised for an annual rent increase.

Location

State CA

County Los Angeles

Area Hawthorne (90250)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $91

Acceptable Financing Cash

Space Rent $1,850

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Kristopher German • RE/MAX 2000 REALTY
Bought with Kristopher German • RE/MAX 2000 REALTY
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

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