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.
Listed By CRMLS_CA / Pat Swanson / Pat Swanson / 213-864-2862
Last checked:
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Last updated Apr 2, 2024
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MLS# OC24059985 —
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Bike Score®
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Transit Score®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/2/24
Apr 2, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $3,295,000 | |
3/26/24
Mar 26, 2024
|
Listed / Active | CRMLS_CA | $3,295,000 | |
10/9/23
Oct 9, 2023
|
Listed / Active | CRMLS_CA |