14004-14006 Chadron Ave, Hawthorne, CA 90250

14004-14006 Chadron Ave, Hawthorne, CA 90250

Hawthorne, CA
$1,113,000

Property Description

14004-14006 Chadron Ave is a 5-unit apartment building located in the desirable East pocket of Hawthorne, just a short distance to the Hawthorne Municipal Airport and LAX. Built in 1951, the property consists of (5) bungalow style units, totaling 4,566 RSF on a large 13,127 SF lot. 14004-14006 Chadron Ave has an ideal mix of all 2-bed/1-bath units, each with ample parking in the driveway or the (4) single-car garages located onsite. Given the property’s ideal location, strong unit mix, and significant upside rent potential, 14004-14006 Chadron Ave is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.

Property Features

  • Sale Price: $1,113,000
  • Area Size: 4,566 SF
  • Land Area: 13,127 SF
  • Year Built: 1951
  • Listing Date: 8/12/2020
  • Closing Date: 11/19/2020
  • Units: 5
  • Current GRM: 20.49
  • Current Cap Rate: 2.31%
  • Price Per Unit: $250,000
  • Market GRM: 11.57
  • Market Cap Rate: 5.88%
  • Current NOI: $28,816

Lyon Stahl Investment Real Estate

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