Active

13839 Jefferson Avenue

Hawthorne CA, 90250

$925,000


$422.37 per sqft

Active

2,190 sqft

Condo

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, newer windows, and newer copper 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 all utilities, including water, 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

September 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

19


Garage

Yes


Garage Spaces

2


Parking Total

6


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

HAR1YY

Listing Contact: 626-956-0188 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/5/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/5/2024 at 5:42 PM UTC

 

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