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    4450 W 117th Street

    Hawthorne, CA 90250
    • $1,595,000
    • STATUS: Active Under Contract
    • ON SITE: 120 days
    • ID#: SB21071961
    Under Contract
    UPDATED: 97 min ago
    $1,595,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,395
      SQFT
    • $296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Reily Investments is proud to present this income generating, 5-unit complex located in North Hawthorne, just minutes away from Northrop Grumman and SpaceX. This building consists of (1) 3 Beds, 2 Bath and (4) 2 Beds, 1 Bath units and a total of 5 carport spaces. Its currently generating a total of $94,464 in yearly rental income with an additional laundry income of $3,000. The units are in great condition and has a potential upside in rents. The front unit has laundry hook-up and the upstairs unit has a balcony. Please do not disturb tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T12:25:46.82. 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 or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/115821486
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    4450 W 117th Street Hawthorne, CA 90250

    • Price: $1,595,000
    • Status: Active Under Contract
    • Updated: 97 min ago
    • ID#: SB21071961
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    5,395
    SQFT
    $296
    $/SQFT
    1963
    Built
    Neighborhood:
    108 - North Hawthorne
    County:
    Los Angeles
    Area:
    108 - North Hawthorne
    Property Description
    Reily Investments is proud to present this income generating, 5-unit complex located in North Hawthorne, just minutes away from Northrop Grumman and SpaceX. This building consists of (1) 3 Beds, 2 Bath and (4) 2 Beds, 1 Bath units and a total of 5 carport spaces. Its currently generating a total of $94,464 in yearly rental income with an additional laundry income of $3,000. The units are in great condition and has a potential upside in rents. The front unit has laundry hook-up and the upstairs unit has a balcony. Please do not disturb tenants.
    Exterior Features

    Carport Spaces 5 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Parking Features Attached Carport Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Maintained Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas OvenGas RangeGas Water Heater Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Flooring CarpetLaminate Heating Wall Furnace Heating YN Yes Interior Features Block WallsMultiple Staircases

    Property Features

    Additional Parcels YN No Cap Rate 4.21 Common Interest None Community Features CurbsStreet Lights Electric Electricity - On Property Exclusions Washer & Dryer in Unit #1 Belong To The Tenants. Garage YN No Gross Income 97464 Gross Scheduled Income 97464 Insurance Expense 1724 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 67153 New Construction YN No New Taxes Expense 19938 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 30311 Other Expense 1834 Property Sub Type Apartment Rent Control YN Yes Security Features Closed Circuit Camera(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 7872 Trash Expense 2537 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 5 Water Sewer Expense 3228 Water Source Public Zoning Har3yy

    Listing provided courtesy of Rick Pranada of Reily Investments, Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T12:25:46.82. 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 or Twiss Realty. Licensed in the State of California, USA.
     
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