Property · 2 recorded sales since 2016
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
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.