$2,500,000
Trust Sale. NO Court Confirmation required. For sale AFTER 65 years! Exceptional opportunity to acquire a 2 parcels with 19-unit mobile home park + Billboard in the heart of Hawthorne! Consists of two parcels: APN 4052-022-001 with approx. 11,123 SF and APN 4052-022-002 with approx.19,962 SF, both zoned HAM1, combined total of approx. 31,085 SF. The property offers solid in-place income along with substantial upside potential through rent increases or future redevelopment. The unit mix includes 1 billboard rental, 8 Mobile Home Renters, 10 Mobile Home Owners, and one vacant PAD with no mobile home. Situated just off the signalized intersection of Rosecrans Ave and Crenshaw Blvd, the property benefits from excellent visibility, accessibility, and proximity to key transit corridors, employment centers, and retail. Sold AS IS and WHERE IS with all faults, and without warranty, express or implied and with current tenant(s) and pad owners in place. Trustee is an independent fiduciary not related to the family. Buyer to conduct their own investigations.
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Listed by Vineendra Jain with Ingenious Asset Group, Inc. (310) 331-8552
Property Type
Manufactured In Park
Status
Active
MLS Number
26641559
Year Built
1948
Lot Size
0.71 acres