$1,435,000
$1,450,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
4,530 SqFt
SOLD DATE : 02/04/2022
Key Details
Sold Price $1,435,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,530 sqft
Price per Sqft $316
MLS Listing ID PW21126629
Sold Date 02/04/22
HOA Y/N No
Year Built 1958
Lot Size 7,840 Sqft
Acres 0.18
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 owner’s unit.
The property is separately metered for gas and electricity, features ample secured parking, and the tenants benefit from the property’s 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 108 - North Hawthorne
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer, Septic Type Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 4047003029
Energy Description 1062.5
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jonathan Weir • Marcus & Millichap
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "