MarketPier

4833 W 118th Street - Hawthorne, CA 90250

$895,000
Listing Description

We are pleased to present 4833 W 118th St in Hawthorne, CA. This 3,500 square foot triplex was built in 1965, and has a unit mix consisting of (3) 2 Bedroom/1.5 Bath large townhome style units. The property has been meticulously maintained, renovated, & managed since the original owner purchased over 30 years ago. There is laundry, storage, carports, & a two car garage all on site giving the new owner potential for multiple streams for additional income. Tennant’s are aware of sale and prepared for new ownership. This triplex is located in the quaint northwest corridor of Hawthorne 10 minutes from SpaceX, LAX, Raytheon, Boeing, El Segundo, Dockweiler Beach, the 105 & 405 Freeways, The Forum, The new NFL Stadium & many other local shopping, dining, & retail attractions. This ideal location makes this the perfect investment for any investor looking to maximize cash flow in a rapidly appreciating NON-RENT CONTROL market. Hawthorne was recently ranked by Forbes as one of the best cities to buy Rental Property in California for 2019.

Listing Information
MLS Number
SB19112712
APN/Parcel ID
4141013023
Type
Multifamily
Sub Type
Multifamily
Building Size
3,538 sqft
Lot Size
5,599 sqft
Price / SQFT
$253
No Units
3
Price / Unit
$298,333
Gross Income
$38,121
Gross Scheduled Income
$39,300
Expenses
$16,455
Total Expenses
$16,455
Net Income
$21,666
Listing Date
5/15/2019
Days Active
3
Last Updated
5/19/2019
Listing Provided By
Austin Longwell
Lyon Stahl Investment Real Estate, Inc.
BRE# 0236524

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