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Key Details
Sold Price $1,435,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21126629
Sold Date 02/04/22
Bedrooms 6
HOA Y/N No
Lot Size 7,840 Sqft
Property Description
We are pleased to present 11519 Cedar Street, a 5-unit multi-family community located in the the great rental market of Hawthorne, CA. Located in the heart of the South Bay, the Property is just minutes from LAX, the new So? Stadium and entertainment complex, and the Pacific Ocean. The property was built in 1958 and is comprised of approximately 4,530 rentable square feet on a 7,658 square foot lot. The building has an outstanding unit mix, comprising of one 1 bedroom 1 bathroom unit, three 2 bedroom1 bathroom units, and one oversized 3 bedroom 2 bathroom owners unit. The property is separately metered for gas and electricity, features ample secured parking, and the tenants benefit from the propertys central location. In addition, the property has also been earthquake retrofitted. This is an outstanding opportunity to acquire a desirable multi-family asset with substantial upside in the city of Hawthorne and would be a great addition to any investors portfolio.
We are pleased to present 11519 Cedar Street, a 5-unit multi-family community located in the the great rental market of Hawthorne, CA. Located in the heart of the South Bay, the Property is just minutes from LAX, the new So? Stadium and entertainment complex, and the Pacific Ocean. The property was built in 1958 and is comprised of approximately 4,530 rentable square feet on a 7,658 square foot lot. The building has an outstanding unit mix, comprising of one 1 bedroom 1 bathroom unit, three 2 bedroom1 bathroom units, and one oversized 3 bedroom 2 bathroom owners unit. The property is separately metered for gas and electricity, features ample secured parking, and the tenants benefit from the propertys central location. In addition, the property has also been earthquake retrofitted. This is an outstanding opportunity to acquire a desirable multi-family asset with substantial upside in the city of Hawthorne and would be a great addition to any investors portfolio.
Location
State CA
County Los Angeles
Area Hawthorne (90250)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Others
Acceptable Financing Exchange
Space Rent $1,345
Listing Terms Exchange
Financing Cash
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON LISTED AGENT • San Diego