4214 W Broadway, Hawthorne, CA 90250

4214 W Broadway, Hawthorne, CA 90250

Hawthorne, CA

Property Description

Lyon Stahl is pleased to present 4214 W Broadway in Hawthorne. This unique triplex consists of (1) 3-Bedroom 1-Bathroom unit and (2) 2-Bedroom 1-Bathroom units with a Total Living Area of 2,468 Sqft. The building is powered by solar energy and features new solar panels and electrical panels, installed in 2017. The majority of the plumbing has been upgraded to copper and the main sewer line recently replaced. With the original hardwood flooring, each unit has been updated within the last 5 years, is well-kept and has an in-unit washer and dryer.

Situated on a large 9,001 Sqft. Corner lot, this property features an open communal garden with roses, a bird bath and various types of beautiful trees including a Fig, Bay, Loquat Fruit, and Nopales Paddle Cactus tree. With great current income and significant upside, this is the perfect property for an owner-user and investor alike.

<strong>Investment Highlights:
</strong>• Unit Mix: (1) 3-Bed/1-Bath &amp; (2) 2-Bed/1-Bath Units<strong>
</strong>• 2,468 Sqft building on a Large 9,001 Sqft Corner Lot<strong>
</strong>• Current 5.02% CAP &amp; 13.89 GRM
• Market 6.08% CAP &amp; 12.05 GRM
• Brand New Solar and Electrical Panels installed 2017
• Hard-wood flooring | Copper Plumbing
• Each unit updated within last 5 years
• Beautiful communal backyard garden

Property Features

  • Sale Price: $930,000
  • Area Size: 2,468 SF
  • Land Area: 9,001 SF
  • Year Built: 1956
  • Closing Date: 6/28/19
  • Units: 3
  • Current GRM: 13.89
  • Current Cap Rate: 5.02%
  • Price Per Unit: $291,667
  • Market Cap Rate: 6.08%

Lyon Stahl Investment Real Estate

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