13927 Chadron Avenue, Hawthorne, CA 90250

About this property

Impeccable, NEW product in a submarket that's on the come, minutes to LAX, SpaceX, Tesla Design Center, Northrop Grumman, Raytheon & the new LA Times HQ on Imperial Hwy. An opportunity to buy and 'cashflow' at a 5% cap rate clip, day one. All utilities on the tenants' dime, being condos. All units are HUGE 3 Bed/3.5 Bath units with den/office/nursery, also. Your 5% cap cashflow will only get more robust over the years due to the absence of rent control, here! New construction in the state is NOT SUBJECT TO RENT CONTROL, for the first15 years. Arguably perfect product, great location, great cashflow AND the additional hedge of knowing townhome sales, YTD, have exceeded $900,000 in Hawthorne/Gardena, in some cases - if you want to sell them off individually. (*one unit designated 'low income').The deal is arguably worth $6MM, deliverable under$5,000,000.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$4,800,000

Sold February 2023 · listed $4,999,000, on market November 2022 · MLS #22215283 · Source: CRMLS

Listing Agent: Brice Head · Listing Office: CBRE, Inc. · Contact: 310-363-4900 · Bought with: Albert Pacleb · LA Commercial, Inc.

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