Hawthorne is one of the last non-rent control cities in Los Angeles County and was voted by forbes as one of the best places to buy rental properties in 2019. Strong rents and renovated units. The building's gross monthly income is $9,000/month.Three units feature new countertops, stainless steel appliances, new cabinets and vinyl flooring. There is new electrical panel, new paint, and new landscaping.Located in a terrific North Hawthorne market, the building lies on the end of a cul-de-sac street surrounded by single family homes and smaller apartments. Built in 1964, the asset consists of two two-bedroom /one and a half-bathroom townhome units and two four-bedroom / two-bathroom townhome units. There is a common area washer/dryer (owned), six covered parking spaces and all units are individually metered for electricity.
Listing courtesy of Elliot Hassan from Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.