$1,500,000
$1,595,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
7 Baths
5,543 Sqft Lot
SOLD DATE : 11/26/2024
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24199372
Sold Date 11/26/24
Bedrooms 7
HOA Y/N No
Lot Size 5,543 Sqft
Property Description
Discover a prime investment opportunity with this well-maintained 4-unit residential property built in 1987! This property offers a desirable unit mix with 3 spacious 2-bedroom, 2-bathroom units and 1 efficient 1-bedroom, 1-bathroom unit. Each 2-bedroom unit has 2 assigned carport spaces, and the 1-bedroom unit has an attached 2-car garage, providing ample parking for all tenants (8 total secured parking spaces). The property currently generates a steady rental income of $8,800 per month with all 4 units eligible for a rent increase (property is subject to AB 1482, and no local rent control). There is also a community laundry room for additional income. Don't miss out on this exceptional investment opportunity!
Discover a prime investment opportunity with this well-maintained 4-unit residential property built in 1987! This property offers a desirable unit mix with 3 spacious 2-bedroom, 2-bathroom units and 1 efficient 1-bedroom, 1-bathroom unit. Each 2-bedroom unit has 2 assigned carport spaces, and the 1-bedroom unit has an attached 2-car garage, providing ample parking for all tenants (8 total secured parking spaces). The property currently generates a steady rental income of $8,800 per month with all 4 units eligible for a rent increase (property is subject to AB 1482, and no local rent control). There is also a community laundry room for additional income. Don't miss out on this exceptional investment opportunity!
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 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $2,300
Listing Terms Cash, Conventional
Financing Cash
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Bought with Victoria Babilonia • Re/Max Estate Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States