Pending

4464 W 142nd Street

Hawthorne CA, 90250

$1,325,000


$306.57 per sqft

Pending

4,322 sqft

Condo

Built in 1961

Listed by Kristopher German with RE/MAX 2000 REALTY 909-645-0443

We are pleased to offer for sale this 4 unit (Fourplex) investment opportunity in prime Hawthorne. This multi-family residential property offers an outstanding investment opportunity, boasting oversized units and a prime location. The property encompasses a total of 4,322 rental square feet situated on a 5,825 square foot lot and includes a diverse unit mix: one 3-Bedroom/1.75-Bath "Owner's Unit" featuring private laundry hookups, another 3-Bedroom/1-Bath unit, and two 2-Bedroom/1-Bath units. Each unit is separately metered for electricity and gas, ensuring ease of management and cost efficiency.

Located in close proximity to key attractions such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property combines convenience with high tenant demand. Additionally, onsite carport parking adds to the appeal for residents, enhancing the property's desirability.

Highlighting its potential, there is a significant 40% upside in rental income as all units are poised for an annual rent increase.

CV24169345

MLS ID

August 15, 2024

Listed

October 22, 2024

Updated

Map

4464 W 142nd Street
Hawthorne CA, 90250

Interior Features

Total Stories

2


Laundry Description

Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

2-5 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

109 - Ramona/Burleigh


Days on Market

6


Garage

No


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

HAR3YY

Listing History

Date

Event

Price

9/24/2024

Pending

9/19/2024

Active

9/3/2024

Pending

Listing Contact: 626-956-0188 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/22/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/22/2024 at 4:53 PM UTC

 

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