4335 W Rosecrans Ave, Hawthorne, CA 90250

4335 W Rosecrans Ave, Hawthorne, CA 90250

Hawthorne, CA

Property Description

4335 Rosecrans Ave is the perfect opportunity for a local investor and/or 1031 exchange buyer looking to buy a turn-key property in a prime pocket of Hawthorne. The subject property currently operates with minimal expenses because it operates on the RUBs program. 4335 Rosecrans offers a very sought after unit concept where each unit has a large living room, kitchen, bedroom, bathroom, a loft, and private balcony. Built in 1987, the estimated rental space is 5,626 sq ft and each tenant has 2 gated parking spots. Hawthorne has been a great South Bay rental market with close proximity to LAX, SoFi Stadium, SpaceX, great dining options like Los Angeles Ale Works, Urth Café, etc. ..

Property Features

  • Sale Price: $2,221,500
  • Area Size: 5,626 SF
  • Year Built: 1987
  • Listing Date: 6/8/2022
  • Closing Date: 8/15/2022
  • Units: 7
  • Current GRM: 14.46
  • Current Cap Rate: 4.47%
  • Market GRM: 13.61
  • Market Cap Rate: 4.88%