Updated copper plumbingWell-balanced unit mixUpgraded electrical panelsOn-site laundry facility
This 7-unit multifamily property located in Hawthorne presents a compelling value-add investment opportunity in a supply-constrained South Bay rental market. Built in 1962 and encompassing 6,314 square feet of rentable space on an 8,741 square foot lot, the asset features a well-balanced unit mix of (2) one-bedroom/one-bath units, (4) twobedroom/one-bath units, and (1) three-bedroom/two-bath unit.
The property benefits from 7 covered carport parking spaces and an on-site laundry facility that generates additional income. Significant infrastructure improvements have already been completed, including updated copper plumbing, newer sewer line, and upgraded electrical panels, reducing near-term capital exposure and providing a strong foundation for future renovation efforts.
With approximately 44% rental upside, the asset offers investors the ability to enhance cash flow through interior upgrades and strategic lease repositioning. This is an attractive opportunity to acquire a well-located multifamily asset with existing operational stability and substantial upside potential through value-add execution.
69 days
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67
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Zillow last checked:
Listing updated:
Listed by:
Rick ApplebaumDRE #01273871rma@morganskenderian.com,
Morgan Skenderian,
Jay SkenderianDRE #01220368,
Morgan Skenderian
Source: CRMLS,MLS#: PW26118308Originating MLS: California Regional MLS
Facts & features
Interior
Appliances
Laundry: Common Area
Features
Common walls with other units/homes: No Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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