Condominium buy in Hawthorne California

Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | 1987 Construction | Significant Value-Add Potential - Approximately 51% in Rental Upside | 6.42% Pro-Forma Cap Rate & 11.60 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Approximately 1.5 Miles to SpaceX and El Segundo & 2 Miles to SoFi Stadium | Outstanding Unit Mix of (Two) 3-Bed/2-Bath Townhouse Units and (Eight) 1-Bed/1-Bath Plus Loft Units | Large 9,981-Square Foot Lot | Eighteen Covered Parking Spaces & an On-Site Laundry Facility | 3.62% Current CAP Rate & 17.52 Current GRM | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies MLS® ID: 22199165 Listed: 9/12/22 Updated: 9/29/22 Interior Features Total Bedrooms: 14 Total Bathrooms: 12 Laundry Description: Common Area, Laundry Room Exterior/Building Features Lot Size: 9,981 ft2 lot Other Property Details Area Name: 108 - North Hawthorne Garage: Yes Garage Spaces: 4 Parking: Covered, Garage Parking Total: 18.0 View: N County: Los Angeles Pool: No Total Stories: 2 Zoning: HAR3YY Property History Date Event Price Value 9/27/22 Price Change $3,200,000 -7% Listed by Jonathan Nikfarjam, Shield CRE, Inc., Based on information from California Regional Multiple Listing Service, Inc. as of 9/29/22. 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.