4029 W 136th Street, Hawthorne, CA 90250

  • $1,375,000
  • $344
4029 W 136th Street, Hawthorne, CA 90250
  • Residential Income
  • Property Type
  • 5.00
  • Garages
  • 1955
  • Year Built
For Sale
4029 W 136th Street, Hawthorne, CA 90250
  • $1,375,000
  • $344

Overview

Property ID: SGR-33773355
  • Residential Income
  • Property Type
  • 5.00
  • Garages
  • 1955
  • Year Built

Description

We are pleased to exclusively offer for sale this 5 unit multi-family investment property in prime Hawthorne. The asset includes a charming cottage-style 3-Bedroom/1-Bath unit alongside four 2-bedroom/1-bath units, collectively offering 4,002 square feet of rental space situated on an 8,700 square foot lot. Each unit has been meticulously maintained, and several units have been re-piped with copper plumbing, including the front cottage.

Tenants benefit greatly from convenient onsite amenities including garage parking and a laundry facility, which enhance the desirability of the property. Strategically located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, the property offers unparalleled access to major local attractions and transportation, making it highly appealing to potential renters.

Significantly, there is a huge 27% upside potential in rental income, making this property an attractive option for investors seeking a stable asset with growth potential. (A buyer can take advantage of the fact that all units are scheduled for their annual rental increase.) Furthermore, this investment comes with an attractive private-seller financing option: 25% down payment, 6.5% interest-only payments, and a 7-year term.

  • Address 4029 W 136th Street
  • City Hawthorne
  • State/county CA
  • Zip/Postal Code 90250
  • Area 109 - Ramona/Burleigh
  • Country United States

Details

Updated on September 10, 2024 at 12:15 am
  • Property ID: SGR-33773355
  • Price: $1,375,000
  • Land Area: 8700.00 m²
  • Garages: 5.00
  • Year Built: 1955
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 4002.00
  • MLS#: CV24169317
  • Office Name: RE/MAX 2000 REALTY
  • Agent Name: Kristopher German
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01800021
  • IDX Contact Info: 909-645-0443

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 5.00
  • Water Source: Public

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