Bought with Stephanie Younger
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4832 W 116th ST Hawthorne, CA 90250
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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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