$2,326,000
Located in the transitional Hawthorne, that has been going through development and gentrification over the last 5-10 years. This property benefits from a strategic location with proximity to major highways, public transportation, schools, and shopping centers. Investor can increase rents on 3 out of the 6 units to increase the return on investment or an investor can sell each unit individually for a higher return on investment. Hawthorne has a stable rental market with a strong demand for housing making this property a solid investment choice and further stabilized via regular tenancy leases. Hawthorne benefits from a diverse local economy with opportunities in retail, healthcare, education, and manufacturing, ensuring a steady pool of potential tenants. The property has historically maintained low vacancy rates due to its attractive location and well-maintained units. With .44 of an acre of land, there is potential of development for a higher density. Please check with the City of Hawthorne and or your desired professionals.
Listed by Fred Nabati with Trimax Realty, Inc. (310) 954-0808
Property Type
Residential Income
Status
Active
MLS Number
26835959
Year Built
1959
Lot Size
0.45 acres
Click to interact with map
11936 Grevillea Ave, Hawthorne
Listed by Jonathan Nikfarjam with Shield CRE, Inc.
11646 Birch Ave, Hawthorne
Listed by Steffan Braunlich with Berkadia
11850 Hawthorne Blvd, Hawthorne
Listed by Evelyn Baez Gonzalez with Lyon Stahl Investment Real Estate, Inc.
4834 W 118th Pl, Hawthorne
Listed by Mariko Artis with ADW Management USA, Inc.
4209 W 139th, Hawthorne
Listed by Brian Estes with Re/Max Commercial & Investment
11966 Oxford Ave, Hawthorne
Listed by Rick Applebaum with Morgan Skenderian
4215 W 130th, Hawthorne
Listed by Jomayra Jaime with JRealty
3702 W 126th, Hawthorne
Listed by Steven Thorn with Shoreview Partners Real Estate
