Apartments For Sale • 5,971 SF
| Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | 1.5 Miles Northrup Grumman & Intuit Dome and 2 Miles from SoFi Stadium |
| Six of the Units Have Been Renovated | Each Unit Contains Updated Electrical Subpanels (2021) |
| 5.67% Current Cap Rate & 11.33 Current GRM | 6.92% Pro-Forma Cap Rate & 9.84 Pro-Forma GRM |
| Newer Roof (2021) with 30-Year Warranty & Newer Hot Water Heater (2022) | No Local Rent Control – Defaults to AB 1482 |
| 5,971-SF Apartment on a 7,733-SF Lot | On-Site Laundry Facility |
| Strong Neighboring Employment: Raytheon, Los Angeles Times, SpaceX, Tesla Design Center, Hollywood Park Tomorrow, Boeing & LAX Airport |
| Cap Rate: | 5.67 % |
| Total Expenses: | $62,693 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Mr. Harris Plumbing & Handyman Services |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| Hawthorne Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 6 min | 15 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 10 min | - | 4.9 mi |
| Long Beach (Daugherty Field) | 23 min | - | 16.3 mi |
| Bob Hope | 41 min | - | 29.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 7 |
| Type: | Covered |
| Included in Rent: | Yes |