Property
Listing Agent: Jonathan Nikfarjam (DRE #01856803) · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Donald Massimo · Keystone Realty · MLS #25505443 · Source: CRMLS
Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | Approximately 1 Mile from Northrup Grumman, Raytheon & El Segundo | Outstanding Unit Mix of (One) 3-Bedroom/1.75-Bathroom Unit, (Eight) 2-Bedroom/1.75-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units | 5.02% Current Cap Rate & 13.22 Current GRM | 8.44% Pro-Forma Cap Rate & 9.02 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | 9,752-SF Apartment on an 8,782-SF Lot | Upgraded Electrical Subpanels | 15 Parking Spaces |. On-Site Laundry Facility - Generates Additional Annual Income | Strong Neighboring Employment: SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport
Listing description from the May 2025 sale, as reported to CRMLS.