Pending

4464 W 142nd ST

HAWTHORNE CA, 90250

$1,325,000


$306.57 per sqft

Pending

10 Beds

5 Baths

4,322 sqft

Multi-family

Built in 1961

We are pleased to offer for sale this 4 unit (Fourplex) investment opportunity in prime Hawthorne. This multi-family residential property offers an outstanding investment opportunity, boasting oversized units and a prime location. The property encompasses a total of 4,322 rental square feet situated on a 5,825 square foot lot and includes a diverse unit mix: one 3-Bedroom/1.75-Bath "Owner's Unit" featuring private laundry hookups, another 3-Bedroom/1-Bath unit, and two 2-Bedroom/1-Bath units. Each unit is separately metered for electricity and gas, ensuring ease of management and cost efficiency. Located in close proximity to key attractions such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property combines convenience with high tenant demand. Additionally, onsite carport parking adds to the appeal for residents, enhancing the property s desirability. Highlighting its potential, there is a significant 40% upside in rental income as all units are poised for an annual rent increase. Furthermore, this investment comes with an attractive private-seller financing option: 25% down payment, 6.5% interest-only payments, and a 7-year term, making it an even more attractive acquisition for investors seeking to capitalize on a well-maintained asset with substantial growth potential.

CV24169345MR

MLS ID

August 15, 2024

Listed

September 13, 2024

Updated

Map

4464 W 142nd ST
HAWTHORNE CA, 90250

Interior Features

Total Stories

2


Bedrooms

10


Total Bathrooms

5


Laundry Description

Gas Or Electric Dryer Hookup, Inside, Washer Hookup


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Ramona/Burleigh


Days on Market

5


Garage

No


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

HAR3YY

Listing History

Date

Event

Price

9/3/2024

Pending

Listed by Kristopher German with RE/MAX 2000 REALTY
Listing Contact: 626-427-0786 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Elizabeth Alligood & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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