13930 Hawthorne WAY Sold Save Request In-Person Tour Request Virtual Tour
Hawthorne,CA 90250
Key Details
Sold Price $1,929,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRCV24172294
Year Built 1986
Lot Size 6,113 Sqft
Property Description
We are pleased to exclusively offer for sale this "turn-key" 7 unit investment property located in the city of Hawthorne. The subject property, being offered for sale by the original builder, epitomizes pride of ownership and craftsmanship. Constructed in 1986 and well-maintained over time, the building features 6,448 square feet of rental space on a 6,113 square foot lot, showcasing a mix of one 2-Bedroom/1.5-Bath unit and six 1-Bedroom/1-Bath units. Throughout its history, the property has seen numerous interior updates enhancing its appeal and functionality. Tenants benefit from a variety of amenities including gated private entry, covered onsite parking, a fully equipped laundry facility, and the convenience of dishwashers and stoves provided by the owner. Most notably, there exists a significant 20% upside in rental income, providing a lucrative opportunity for investors to increase revenue and capitalize on the property's full potential in a high-demand area. (Five of the seven units are eligible for their annual rent increase, which a new buyer can implement immediately.) Strategically located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, this property is ideally situated to attract and retain high-quality tenants who appreciate the blend o
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Interior
Laundry Other,Community Facility
Exterior
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable