Just Listed – 6 Units in Hawthorne
Nico Rosmarin of Lyon | Stahl just listed 4279 W Broadway, a 6-unit property in Hawthorne!
This property is listed for $1,450,000
This 3,348 SF building is situated on a 7,251 SF lot. The property is comprised of one (1) two-bedroom/one-bathroom unit and five (5) one-bedroom/one-bathroom units. 4279 Broadway has had many of the major systems and roof replaced within the last three years, offering a new investor a value-add opportunity at a fraction of the cost. 4279 Broadway is ideally located near both the 405 Freeway and 105 Freeways, offering convenient access to the Westside of Los Angeles, Downtown Los Angeles, Downtown Long Beach and Los Angeles International Airport. The location gives tenants the ease of transport to the major economic hubs throughout Greater Los Angeles. Additionally, 4279 Broadway is located just south of the new Hollywood Park Redevelopment, slated to be the world’s most expensive sports stadium. In addition to the stadium, the development will bring 3,000 new housing units, a luxury hotel and approximately 620,000 SF of new retail. 4279 Broadway offers an astute investor the opportunity to acquire a value-add property in the strong rental market of Hawthorne. By implementing a value-add renovation program and raising rents to market levels, 4279 Broadway presents an investor with a truly lucrative investment opportunity.