$1,250,000
$1,600,000
21.9%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
6 Baths
5,956 SqFt
SOLD DATE : 11/21/2024
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,956 sqft
Price per Sqft $209
MLS Listing ID 24446621
Sold Date 11/21/24
Bedrooms 14
HOA Y/N No
Year Built 1963
Lot Size 0.448 Acres
Property Description
Six Single-Story Units on Large 19,507-SF Lot | Outstanding Opportunity to Add 2 ADUs (Accessory Dwelling Units) or Redevelop the Property to a 13-Unit Apartment | Significant Value-Add Potential - Approximately 76% in Rental Upside | 8.96% Pro-Forma Cap Rate & 8.43 Pro-Forma GRM | Located Approximately 1 Mile from SpaceX & Tesla Design Center and 3 Miles from SoFi Stadium & Upcoming Intuit Dome (NBA Clippers Arena) | Outstanding Unit Mix of (One) 3-Bedroom/1-Bathroom Unit & (Five ) 2-Bedroom/1-Bathroom Units | Each Unit Contains Washer/Dryer Hook-Ups & One Garage | Tenants Pay All Gas and Electricity Expenses | No Local Rent Control - Defaults to AB 1482 | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HAR4*
Interior
Fireplace No
Appliance Washer
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Total Parking Spaces 6
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4052029048
Special Listing Condition Standard
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Bought with Jonathan Nikfarjam • Shield CRE, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "