$2,600,000
$2,450,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
15 Baths
10,692 SqFt
SOLD DATE : 01/09/2017
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,692 sqft
Price per Sqft $243
MLS Listing ID 16184706
Sold Date 01/09/17
Bedrooms 16
HOA Y/N No
Year Built 1985
Lot Size 0.299 Acres
Property Description
A rare opportunity to purchase 15 units in the City of Hawthorne. The sellers have owned the property for many years and have not pushed the rents to market, providing immediate upside. The building boasts solid 80s construction with 14 large 1-Bedroom / 1-Bathroom units and 1 large 2-Bedroom / 1-Bathroom Townhouse unit. There is ample parking for the tenants. Excellent south bay location - in close proximity to LAX, the new Inglewood NFL stadium, and beach cities. At only a 10.4 GRM at market rents, the Yukon apartments is an outstanding value added investment which will provide a savvy operator the opportunity to significantly increase their cash flow and value through superior management.
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HAR3*
Interior
Interior Features Ceiling Fan(s)
Fireplace No
Exterior
Parking Features Covered
View Y/N No
Total Parking Spaces 21
Building
Story 3
New Construction No
Others
Senior Community No
Tax ID 4051015014
Special Listing Condition Standard
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Bought with Jae Kang • Bee Investment, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
24251 Town Center Dr Suite 201, Valencia, California, 91355, United States