Hawthorne, CA 90250,4029 W 136th ST
Hawthorne, CA 90250,4029 W 136th ST
Hawthorne, CA 90250,4029 W 136th ST
8
$1,405,000
$1,375,000
2.2%
Est.Price: ?

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8,700 Sqft Lot

4029 W 136th ST Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 09/27/2024

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Key Details

Sold Price $1,405,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRCV24169317

Sold Date 09/27/24

Originating Board California Regional MLS

Year Built 1955

Lot Size 8,700 Sqft

Property Description

We are pleased to exclusively offer for sale this 5 unit multi-family investment property in prime Hawthorne. The asset includes a charming cottage-style 3-Bedroom/1-Bath unit alongside four 2-bedroom/1-bath units, collectively offering 4,002 square feet of rental space situated on an 8,700 square foot lot. Each unit has been meticulously maintained, and several units have been re-piped with copper plumbing, including the front cottage. Tenants benefit greatly from convenient onsite amenities including garage parking and a laundry facility, which enhance the desirability of the property. Strategically located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, the property offers unparalleled access to major local attractions and transportation, making it highly appealing to potential renters. Significantly, there is a huge 27% upside potential in rental income, making this property an attractive option for investors seeking a stable asset with growth potential. (A buyer can take advantage of the fact that all units are scheduled for their annual rental increase.) Furthermore, this investment comes with an attractive private-seller financing option: 25% down payment, 6.5% interest-only payments, and a 7-year term.

Location

State CA

County Los Angeles

Area 109 - Ramona/Burleigh

Interior

Laundry Other

Exterior

Garage Spaces 5.0

Pool None

Building

Water District - Public

Others

Tax ID 4045029023

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Kristopher German • RE/MAX 2000 REALTY
Bought with Kristopher German

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Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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