4833 W 118th Street

    Hawthorne, CA 90250
    • $960,000
    • STATUS: Closed
    • ON SITE: 41 days
    • ID#: SB19112712
    Sold - 06/12/2019
    $960,000
    SOLD - 06/12/2019
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,538
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    We are pleased to present 4833 W 118th St in Hawthorne, CA. This 3,500 square foot triplex was built in 1965, and has a unit mix consisting of (3) 2 Bedroom/1.5 Bath large townhome style units. The property has been meticulously maintained, renovated, & managed since the original owner purchased over 30 years ago. There is laundry, storage, carports, & a two car garage all on site giving the new owner potential for multiple streams for additional income. Tennant+GGs are aware of sale and prepared for new ownership.This triplex is located in the quaint northwest corridor of Hawthorne 10 minutes from SpaceX, LAX, Raytheon, Boeing, El Segundo, Dockweiler Beach, the 105 & 405 Freeways, The Forum, The new NFL Stadium & many other local shopping, dining, & retail attractions. This ideal location makes this the perfect investment for any investor looking to maximize cash flow in a rapidly appreciating NON-RENT CONTROL market. Hawthorne was recently ranked by Forbes as one of the best cities to buy Rental Property in California for 2019.

    Sold by John Stiegler II of Lyon Stahl Investment Real Estate, Inc..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-26T00:36:36.897. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/94790407

    4833 W 118th Street Hawthorne, CA 90250

    • Price: $895,000
    • Status: Closed
    • Updated: 228 min ago
    • ID#: SB19112712
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,538
    SQFT
    $271
    $/SQFT
    1965
    Built
    Neighborhood:
    108 - North Hawthorne
    County:
    Los Angeles
    Area:
    108 - North Hawthorne
    Property Description
    We are pleased to present 4833 W 118th St in Hawthorne, CA. This 3,500 square foot triplex was built in 1965, and has a unit mix consisting of (3) 2 Bedroom/1.5 Bath large townhome style units. The property has been meticulously maintained, renovated, & managed since the original owner purchased over 30 years ago. There is laundry, storage, carports, & a two car garage all on site giving the new owner potential for multiple streams for additional income. Tennant+GGs are aware of sale and prepared for new ownership.This triplex is located in the quaint northwest corridor of Hawthorne 10 minutes from SpaceX, LAX, Raytheon, Boeing, El Segundo, Dockweiler Beach, the 105 & 405 Freeways, The Forum, The new NFL Stadium & many other local shopping, dining, & retail attractions. This ideal location makes this the perfect investment for any investor looking to maximize cash flow in a rapidly appreciating NON-RENT CONTROL market. Hawthorne was recently ranked by Forbes as one of the best cities to buy Rental Property in California for 2019.
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 2.00 Lot Features 0-1 Unit/AcreYard Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1179 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Common AreaDryer IncludedWasher Included Levels Two Room Type All Bedrooms Up

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 500.00 Elevation Units Feet Exclusions Tennant's Belongings Fuel Expense 0.00 Gross Income 900.00 Gross Operating Income 38121.00 Gross Scheduled Income 39300.00 Insurance Expense 1238.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 900.00 Laundry YN Yes Maintenance Expense 1179.00 Maintenance Percent 3.00 Net Operating Income 21666.00 New Construction YN No New Taxes Expense 11188.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 16455.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 3200.00 Total Expenses 16455.00 Trash Expense 450.00 Vacancy Allowance 1179 Vacancy Allowance Rate 3.00 Water Sewer Expense 1000.00 Water Source Public Year Built Source Public Records Zoning Har3yy

    Listing provided courtesy of Austin Longwell of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-26T00:36:36.897. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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