Hawthorne, CA 90250,4832 W 116th ST
Listed by Brian Estes • Re/Max Commercial & Investment
Bought with Stephanie Younger
$1,015,000
$1,050,000
3.3%
Est.Price: ?

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5,600 Sqft Lot

4832 W 116th ST Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 10/19/2017

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Key Details

Sold Price $1,015,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRSB17125460

Sold Date 10/19/17

Year Built 1988

Lot Size 5,600 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Back on the market! The subject property consists of an ideal unit mix of 1-3BR/2BA and 3-2BR/1BA. All of the units are individually metered for utilities and also have individual water heaters (brand new). The property is newer construction (built in 1988) and is located in one of the most sought after locations in Hawthorne (west of Inglewood Ave). There is ample parking including 2 - 2 car garages in the rear of the property in addition to 4 spaces in the parking garage. The property is fully gated and secured. Without having to raise rents a new owner can step in and enjoy great cash flow immediately.....based on current rents and at the list price it is just over a 5%CAP.....impossible to find for this type of property.

Location

State CA

County Los Angeles

Area 108 - North Hawthorne

Multi-Unit Info

Total Units 4

Buildings 1

Interior

Laundry None

Exterior

Garage Spaces 6.0

Pool None

Building

Lot Description Paved

Story One Story

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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