This 4-unit income property is walking distance to local retail and adjacent to a nice residential neighborhood in NW Hawthorne. The property has a large 7,967 sq. ft. lot, has been well maintained and is not subject to rent control. This 4-unit building has a great unit mix consisting of: 3bd/2ba (commercial), 3bd/1ba plus backyard, 2bd/1ba (individual house w/ backyard) and a single (individual house w/ a personal backyard). This property provides a unique value-add opportunity for a savvy investor. The 3 bedroom, 2 bath commercial unit is currently vacant and has been approved by the city of Hawthorne for a conversion to a residential unit. The cost to convert the unit to residential has been estimated to cost approximately $35,000. Once this very large commercial unit has been converted, a new owner can rent the unit to generate a substantial monthly cash flow or live in the unit. This rare investment opportunity will not last long!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
