Pending
4029 W 136th Street
Hawthorne CA, 90250
$1,375,000
$343.58 per sqft
Pending
4,002 sqft
Condo
Built in 1955
Listed by Kristopher German with RE/MAX 2000 REALTY 909-645-0443
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.
CV24169317
MLSⓇ ID
August 15, 2024
Listed
September 9, 2024
Updated
Map
4029 W 136th Street
Hawthorne CA, 90250
Interior Features
Total Stories
2
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.2 Acres
Lot Features
2-5 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
109 - Ramona/Burleigh
Days on Market
22
Garage
Yes
Garage Spaces
5
Parking Total
5
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
HAR3YY
Listing History
Date | Event | Price |
---|---|---|
9/9/2024 | Pending | — |
Listing Contact: 626-956-0188
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 9/9/2024 at 6:29 PM UTC