Property Detail

Description

Highly Desirable Hawthorne Location - West of Prairie Avenue & South of 120th Street | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom + Den Owner's Unit & (Four) 2-Bedroom/1-Bathroom Units | All Units are Renovated - 2-Bedroom Units were Recently Renovated and 3-Bedroom Unit was Renovated in 2018 | Spacious 3-Bedroom Includes with a Fireplace, HVAC & Washer/Dryer Hook-Ups | 6.49% Current Cap Rate & 11.24 Current GRM | 7.04% Pro-Forma Cap Rate & 10.56 Pro-Forma GRM | Recently Painted Building with Tremendous Curb Appeal & New Landscaping | Main Sewer Line Replaced in 2014 | Approximately 1 Mile from SpaceX & Tesla Design Center and 2.5 Miles from SoFi Stadium & Intuit Dome | No Local Rent Control - Defaults to AB 1482 | 5,211-SF Apartment on a 6,561-SF Lot | Copper Plumbing, On-Site Laundry Facility & Total of 10 Parking Spaces (Tandem) | Strong Neighboring Employment: Northrup Grumman, Raytheon, Los Angeles Times, SpaceX, Tesla Design Center, Hollywood Park Tomorrow, Boeing & LAX Airport