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4730 W 118th Street, Hawthorne, CA 90250

Property · 2 recorded sales since 2016

4730 W 118th Street, Hawthorne, CA 90250 Sold September 2017 CRMLS
$1,260,000Sold September 2017

Listing Agent: Bina Bengali (DRE #00944892) · Listing Office: C-21 Astro · Contact: 562-924-3381 · Bought with: Bina Bengali · C-21 Astro · MLS #RS17068948 · Source: CRMLS

6,291 sqft
Lot Size
1963
Year Built
Property
Type
2
Stories
0
Garage

About this property

Great investment opportunity in residential area of Hawthorne offers 5 units. One 3 br/2 ba; four 2br/1 ba; 6 assigned parking spaces and onsite laundry. Gated parking & storage cabinets in the carport. No rent control. easy to rent. No vacancy. 
 Two 2 bedroom units have been completely remodeled and have yearly lease at 1525 & 1550. Other units have some upgrades as well and are month to month. Newly landscape Faux turf grass. Nice clean well managed asset with cash flow and upside potential.
 *** 3br rent will be $2050 from May 2017 making actual Gross schedule income will be $92940. 
 Hawthorne is approx 3 miles from the new football stadium for Los Angels Rams & Chargers to open in 2019 which will bring jobs and construction in the area & boost the economy. Hawthorne is also a home for some major companies such as Space X, Tesla Motor design center,Northrop. Mattel..etc. Property close to FWYs and LAX, Municipal airport.

Listing description from the September 2017 sale, as reported to CRMLS.

Sale history

$1,260,000
Sold September 2017 · listed $1,250,000, on market April 2017 · MLS #RS17068948 · Source: CRMLS
Listing Agent: Bina Bengali · Listing Office: C-21 Astro · Contact: 562-924-3381 · Bought with: Bina Bengali · C-21 Astro
$1,000,000
Sold June 2016 · listed $999,999, on market March 2016 · MLS #DW16060314 · Source: CRMLS
Listing Agent: Ali Hijazi · Listing Office: Century 21 A Better Service · Contact: 562-806-1000 · Bought with: Bina Bengali · C-21 Astro
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