First time on the market in 28 years! A 2 unit multifamily property with a bonus non conforming unit, located in the northwest area of Hawthorne. The property features long term tenants residing in a 2 bedroom/1 bathroom front unit and a 3 bedroom/1 bathroom back unit. The back unit… Read More was originally configured with two smaller bathrooms, which ownership upgraded to one large bathroom many years ago. Also included are 3 detached garages in the rear that were converted over 10 years ago into a non conforming 2 bedroom/1 bathroom unit, complete with a full kitchen, in unit laundry, and its own private covered patio. The property offers five surface parking spaces, three along the side driveway and two marked spaces in front. Please note that the marketed square footage reflects the two legal units only and does not include the additional non conforming unit, buyer and agents to confirm all property details.
The surrounding area benefits from a broad and diverse employment base that drives reliable, consistent rental demand. From LAX and the stadiums in Inglewood to the hospitals, retail corridors, and the countless service, trade, and light industrial employers that define the South Bay workforce, and with Downtown LA just a short freeway commute away, this pocket of Hawthorne attracts hardworking, stable tenants who need quality housing close to the major job markets. That consistent demand is what makes this an attractive long term hold for investors at any level.
This is an excellent opportunity for an investor seeking stable, reliable income while capitalizing on the upside potential of legalizing the rear unit, or for an owner occupant looking to move into one or more units while offsetting carrying costs with rental income from the others. Read Less
Property listed by Younglewin Advisors, Inc., Daniel Gomez 310-259-7556
Listing Snapshot
Days Online
27
Last Updated
Property Type
Duplex
Lot Size
0.13 Acres
Year Built
1942
MLS Number
PW26114909
Additional Details
Building
Built in 1942, 1 building, 1 storey, Levels: One, Entry level: 1, Entry location: Street
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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