Here is a great opportunity to own a 7895 sqft 7 unit apartment building in a prime West of Prairie location in Hawthorne. Fully rented with 2 three bedroom units and 5 two bedroom units and 7 covered off street parking spaces. The property has been professionally managed for years and is due for the next rent increase under AB 1472. At just $241/sqft and a low 14.9 GRM there is lots of potential for future cash flow with the rent increases and/or making building improvements too. Income and expense info taken from the 2022 year end management report.
Sold for $1,870,000 on 06/27/23
Listing Provided by:
Ronald Werner DRE #00705989 310-546-7611,
Vista Sotheby’s International Realty
Bought with: Vista Sotheby’s International Realty
$1,870,000
4035 W 134th St, Hawthorne, CA 90250
16beds
14baths
7,895sqft
Multi Family
Built in 1962
-- sqft lot
$2,070,300 Zestimate®
$237/sqft
$3,328 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 27, 2023 at 12:19pm
Listing Provided by:
Ronald Werner DRE #00705989 310-546-7611,
Vista Sotheby’s International Realty
Bought with:
Ronald Werner, DRE #00705989
Vista Sotheby’s International Realty
Source: CRMLS,MLS#: SB23082846
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 14
Heating
- Electric
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 7,895
- Total interior livable area: 7,895 sqft
Property
Parking
- Total spaces: 7
- Parking features: Carport
- Garage spaces: 7
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: o
- Pool features: None
Lot
- Size: 8,701 sqft
- Features: Level, Rectangular Lot
Details
- Parcel number: 4045027024
- Zoning: HAR3YY
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Raised
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Hawthorne
Other
Other facts
- Listing terms: Cash,Cash to New Loan
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Estimated market value
$2,070,300