Property
Listing Agent: Jonathan Nikfarjam (DRE #01856803) · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Jonathan Nikfarjam · Shield CRE, Inc. · MLS #23236145 · Source: CRMLS
Highly Desirable Hawthorne Location - West of Prairie Avenue | Significant Value-Add Potential - Approximately 88% in Rental Upside | 8.33% Pro-Forma Cap Rate & 8.98 Pro-Forma GRM | Large 6,650-Square Foot Building on an 8,702-Square Foot Lot | Outstanding Unit Mix of (One) Large 3-Bedroom/2-Bathroom Upgraded Unit, (Two) 3-Bedroom/1.5-Bathroom Units & (Three) 2-Bedroom/1-Bathroom Units | Front Large 3-Bedroom/2-Bathroom Upgraded Unit Contains Private Front Yard, Large Living Room & Washer/Dryer Hook-Ups | Back 3-Bedroom/1.5-Bathroom Unit Contains Private Balcony | Approximately 1 Mile from SpaceX & Tesla Design Center and 3 Miles from SoFi Stadium & Upcoming Intuit Dome (NBA Clippers Arena) | Copper Plumbing, On-Site Laundry Facility & 6 Carport Parking Spaces with Storage | No Local Rent Control - Defaults to AB 1482 | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
Listing description from the May 2023 sale, as reported to CRMLS.