3702 W 126th St, Hawthorne, CA 90250

3702 W 126th St, Hawthorne, CA 90250

Hawthorne, CA
$1,585,000

Property Description

INVESTMENT HIGHLIGHTS

  • Oversize 4plex located in one of the nicest pockets of Hawthorne!
  • High yielding unit mix of (1) 3Bed+2.5Bath townhouse & (3) 2Bed+2Bath units
  • 10 Parking spots total – 8 garage spaces
  • Priced at only $396k/unit and $330/SF
  • Built in 1989; electrical, plumbing, and roof are all in good condition – A brand new roof was installed in 2018
  • Washer/Dryer hookups in units and shared laundry on site

 

EXECUTIVE SUMMARY

Trophy 4 Plex located in one of the most desirable pockets of the South Bay. This massive, 4,800 SF, 4 unit building comes with an incredibly desirable unit mix. Potential owner’s unit is a 3Bed+2.5Bath Townhouse and there are also (3) 2Bed+2Bath units. One unit could be delivered empty at the close of escrow. This is the perfect opportunity for any owner/user looking to live in one unit and let their neighbors pay their mortgage or any investor looking for prime asset with a high yielding unit mix. Electrical, plumbing and roof are all in good condition due to the building being built in 1989. A brand new roof was installed in 2018. The property has 8 garage parking spots (10 total) on-site as well as an on-site laundry room. Some units also have washer/dryer hookups. Once rented for market, 3702 W 126th St will operate at a 7.74% and 10.08 GRM. This is a perfect opportunity for any investor or owner to grab an incredible asset in a great neighborhood. The subject property is located in a nice quiet pocket of Hawthorne, which features great schools such as Hawthorne Math & Science Academy, Kornblum School, Bud Carson and Leuzinger. Additionally, the property is just minutes from major employers and new developments such as Hawthorne Plaza Mall, Ring Headquarters, Boeing, SpaceX, Hollywood Park and SoFi Stadium.

Property Features

  • Sale Price: $1,585,000
  • Area Size: 4,800 Sq. Ft.
  • Land Area: 6,701 Sq. Ft.
  • Year Built: 1989
  • Listing Date: 4/4/2023
  • Units: 4
  • Current GRM: 17.58
  • Current Cap Rate: 3.63%
  • Price Per Unit: $396,250
  • Market GRM: 10.08
  • Market Cap Rate: 7.74%
  • Current NOI: $57,597

Lyon Stahl Investment Real Estate

Keep In Touch