Sold
Closed
13839 Jefferson Avenue
Hawthorne CA, 90250
$880,000
$401.83 per sqft
Sold
Closed
2,190 sqft
Condos
Built in 1941
Listed by Kristopher German with RE/MAX 2000 REALTY 909-645-0443
We are excited to present a unique opportunity to purchase two detached, cottage-style units in prime Hawthorne. Each unit is situated on its own lot, with both lots adjacent to each other. Each home features 3 Bedrooms & 1 1/4 Bathrooms, together offering a total of 2,190 square feet of rental space. The homes are situated on two separate lots (2 APNs), which together encompass 8,652 square feet of land.
Each cottage benefits from thoughtful upgrades such as wood laminate flooring, and newer plumbing, enhancing both aesthetics and functionality. Tenants enjoy the convenience of private garage parking and individual laundry hookups, adding significant appeal and comfort.
Financially, the property is set up for success, with tenants responsible for electricity & gas, which optimizes cost-efficiency for the owner. Located in close proximity to key destinations such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property benefits from its strategic positioning that offers continuous tenant demand.
Most notably, there exists a significant 30% upside in rental income (a buyer can take advantage of the fact that all units are scheduled for their annual rental increase), providing a lucrative opportunity for investors to increase revenue and capitalize on the property's full potential in a high-demand area. This investment is ideal for those looking to expand their portfolio with a well-maintained and strategically located property.
CV24169396
MLSⓇ ID
August 15, 2024
Listed
December 5, 2024
Updated
Map
13839 Jefferson Avenue
Hawthorne CA, 90250
Interior Features
Total Stories
1
Laundry Description
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, 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
33
Garage
Yes
Garage Spaces
2
Parking Total
6
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
HAR1YY
Listing History
Date | Event | Price |
---|---|---|
10/11/2024 | Sold | $880,000 |
9/30/2024 | Pending | — |
Listing Contact: 626-956-0188
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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 12/5/2024 at 8:32 AM UTC