Listed by Brice Head, CBRE, Inc.,

13927 Chadron Avenue

Hawthorne, CA, 90250

$4,999,000

$327 per ft²
$4,999,000
$327 per ft²
Active
Active
 - For Sale
baths
24 Baths
carpenters-square
15,284 ft²
property_type
Multi-family
calendar
Built 1958
Impeccable, NEW product in a submarket that's on the come, minutes to LAX, SpaceX, Tesla Design Center, Northrop Grumman, Raytheon & the new LA Times HQ on Imperial Hwy. An opportunity to buy and 'cashflow' at a 5% cap rate clip, day one. All utilities on the tenants' dime, being condos. All units are HUGE 3 Bed/3.5 Bath units with den/office/nursery, also. Your 5% cap cashflow will only get more robust over the years due to the absence of rent control, here! New construction in the state is NOT SUBJECT TO RENT CONTROL, for the first15 years. Arguably perfect product, great location, great cashflow AND the additional hedge of knowing townhome sales, YTD, have exceeded $900,000 in Hawthorne/Gardena, in some cases - if you want to sell them off individually. (*one unit designated 'low income').The deal is arguably worth $6MM, deliverable under$5,000,000.
MLS® ID:
22215283
Listed:
11/2/22
Updated:
12/1/22

Interior Features

Kitchen Appliances
Dishwasher, Microwave
Total Bedrooms
0
Total Bathrooms
24
Heating
Electric

Exterior/Building Features

Lot Size
0.34 acres lot

Other Property Details

Area Name
110 - East Hawthorne
Garage
Yes
Parking
Garage
Parking Total
18.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
HawR3

Courtesy of CBRE, Inc., Brice Head,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 12/1/22. 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.

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Data last updated 7:01 AM UTC, 12/1/22

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