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Key Details
Sold Price $795,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14029232
Sold Date 04/29/14
HOA Y/N No
Year Built 1962
Lot Size 7,187 Sqft
Property Description
9 units in solid rental location in non-rent controlled incorporated South Bay city of Hawthorne.
Low price per unit at $88K per door. Immediate upside in rents with no rent control. Sub-9 x gross at market rents.
The units are master metered for water, gas and electricity. Property is zoned for mixed use but is utilized exclusively for residential with nine studio apartment units. One studio may be non-conforming.
Conventional financing available with 32% down - contact listing agent for more info.
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Interior
Fireplace No
Exterior
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Sewer Available
Total Parking Spaces 8
Private Pool No
Building
Lot Description Level, No Landscaping, Near Public Transit, Paved
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 4045022003
Acceptable Financing Contract
Listing Terms Contract
Financing Conventional
Special Listing Condition Standard
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Bought with Vicente Malto • Berkshire Hathaway H.S.C.P.
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