4750 W Broadway
Hawthorne, CA 90250

  • – beds
  • – baths
  • – sqft
  • 12,006 sqft lot
  • 1962 build
  • on site

Sixteen (16) Non-Rent Controlled Units in Hawthorne; less than one (1) Mile to Space X and the Tesla Design Center. Offered at only $205,938 / Unit, the property boasts a 5.39% Actual CAP, and 7.70% Pro-Forma CAP Return. This recession proof complex has a Unit Mix of: One (1) 2 Bedroom/1Bath, Five (5) 1 Bedroom/1Bath and Ten (10) Studios, which rarely become vacant. Furthermore, the real estate sits on Two Parcels of land (a Fourteen (14) unit Parcel, and a Two (2) unit Parcel), which makes the need for a dedicated on-site manager optional ~ buyer to verify. The property has ample parking with Six (6) Open Stalls, Twelve (12) Carports and One (1) Garage, allowing for ADU Opportunities as well. The City of Hawthorne has become highly sought after due to its centralized location with Playa Del Ray directly to the West, and Culver City bordering to the North. Note: Although the property is NOT subject to any City Rent Control requirements, the building still falls under California AB1482.

California Regional MLS logo Listed By CRMLS_CA / Pat Swanson / Pat Swanson / 213-864-2862

Last checked: Checking… • Last updated Apr 2, 2024 •

MLS# OC24059985 —

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Sale history

Date Event Source Price % Change
4/2/24
Sold Subject To Contingencies CRMLS_CA $3,295,000
3/26/24
Listed / Active CRMLS_CA $3,295,000
10/9/23
Listed / Active CRMLS_CA

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Pat Swanson

Pat Swanson

213-864-2862

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This multifamily located in North Hawthorne, Hawthorne, CA 90250 is currently for sale for $3,295,000. 4750 W Broadway is a – square foot multifamily with – beds and – baths that has been on Estately for 32 days. 4750 W Broadway is in the North Hawthorne neighborhood of Hawthorne and has a WalkScore® of 72, making it very walkable. This multifamily is in the attendance area of Eucalyptus Elementary School, Hawthorne High School, Hawthorne Math And Science Academy, Hawthorne Middle School, and Lawndale High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Pat Swanson. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

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