Hawthorne, CA 90250,4730 W 118th ST
Listed by Bina Bengali • C-21 Astro
Bought with Bina Bengali
$1,260,000
$1,250,000
0.8%
Est.Price: ?

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1 BD
1.5 BA
6,291 Sqft Lot

4730 W 118th ST Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 09/14/2017

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Key Details

Sold Price $1,260,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRRS17068948

Sold Date 09/14/17

Bedrooms 1

Full Baths 1

Half Baths 1

Year Built 1963

Lot Size 6,291 Sqft

Source California Regional MLS

Property Description

Great investment opportunity in residential area of Hawthorne offers 5 units. One 3 br/2 ba; four 2br/1 ba; 6 assigned parking spaces and onsite laundry. Gated parking & storage cabinets in the carport. No rent control. easy to rent. No vacancy. Two 2 bedroom units have been completely remodeled and have yearly lease at 1525 & 1550. Other units have some upgrades as well and are month to month. Newly landscape Faux turf grass. Nice clean well managed asset with cash flow and upside potential. *** 3br rent will be $2050 from May 2017 making actual Gross schedule income will be $92940. Hawthorne is approx 3 miles from the new football stadium for Los Angels Rams & Chargers to open in 2019 which will bring jobs and construction in the area & boost the economy. Hawthorne is also a home for some major companies such as Space X, Tesla Motor design center,Northrop. Mattel..etc. Property close to FWYs and LAX, Municipal airport.

Location

State CA

County Los Angeles

Area 108 - North Hawthorne

Interior

Laundry Community Facility, Washer/Dryer - Owned

Exterior

Garage Spaces 5.0

Pool None

Building

Foundation Raised

Sewer TBD

Water District - Public

Others

Special Listing Condition Not Applicable

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Madhu Sarkar

Madhu Sarkar

DRE# 01702931 | License ID: 01702931

+1(650) 504-7768

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