REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,049,000
Est. payment /mo
Active
4853 W 116th St Hawthorne, CA 90250
5 Beds
2 Baths
5,601 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26114909
Bedrooms 5
Lot Size 5,601 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
First time on the market in 28 years! A 2 unit multifamily property with a bonus non conforming unit, located in the northwest area of Hawthorne. The property features long term tenants residing in a 2 bedroom/1 bathroom front unit and a 3 bedroom/1 bathroom back unit. The back unit was originally configured with two smaller bathrooms, which ownership upgraded to one large bathroom many years ago. Also included are 3 detached garages in the rear that were converted over 10 years ago into a non conforming 2 bedroom/1 bathroom unit, complete with a full kitchen, in unit laundry, and its own private covered patio. The property offers five surface parking spaces, three along the side driveway and two marked spaces in front. Please note that the marketed square footage reflects the two legal units only and does not include the additional non conforming unit, buyer and agents to confirm all property details. The surrounding area benefits from a broad and diverse employment base that drives reliable, consistent rental demand. From LAX and the stadiums in Inglewood to the hospitals, retail corridors, and the countless service, trade, and light industrial employers that define the South Bay workforce, and with Downtown LA just a short freeway commute away, this pocket of Hawthorne attracts hardworking, stable tenants who need quality housing close to the major job markets. That consistent demand is what makes this an attractive long term hold for investors at any level. This is an excellent opportunity for an investor seeking stable, reliable income while capitalizing on the upside
Location
State CA
County Los Angeles
Zoning Assessor
Direction Inglewood Ave & W 116th St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4141018029
Acceptable Financing Land Contract
Listing Terms Land Contract
Listed by Daniel Gomez, DRE#02081392 Younglewin Advisors, Inc.