4317 W 120TH STREET, HAWTHORNE CA 90250
- 4,463 sq.ft.
- 6,162 sq.ft. lot
Property Description
Highly Desirable Hawthorne Location - West of Prairie Avenue | Approximately 1.5 Miles from Northrup Grumman & Intuit Dome and 2 Miles from SoFi Stadium | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Townhouse Unit, (Two) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units | Four of the Units Have Been Renovated | 6.50% Current Cap Rate & 11.29 Current GRM | 6.53% Pro-Forma Cap Rate & 11.25 Pro-Forma GRM | Spacious 3-Bedroom Townhouse Owner's Unit with Washer/Dryer Hook-Ups | Recently Painted Building with Tremendous Curb Appeal & Newer Windows | Tenants Pay for Trash Expense Resulting in Very Low Operating Costs | No Local Rent Control - Defaults to AB 1482 | 4,463-SF Apartment on a 6,162-SF Lot | On-Site Laundry Facility - Generates Additional Annual Income | Five Parking Spaces | Strong Neighboring Employment: Raytheon, Los Angeles Times, SpaceX, Tesla Design Center, Hollywood Park Tomorrow, Boeing & LAX Airport
Listing Courtesy of Jonathan Nikfarjam, Shield CRE, Inc.
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