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4317 W 120th St
Hawthorne, CA 90250
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Highly Desirable Hawthorne Location - West of Prairie Avenue | Approximately 1.5 Miles from Northrup Grumman & Intuit Dome & 2 Miles from SoFi Stadium
- Four of the Units Have Been Renovated | 6.50% Current Cap Rate & 11.29 Current GRM | 6.53% Pro-Forma Cap Rate & 11.25 Pro-Forma GRM
- Recently Painted Building with Tremendous Curb Appeal & Newer Windows | Tenants Pay for Trash Expense Resulting in Very Low Operating Costs
- Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Townhouse Unit, (Two) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units
- Spacious 3-Bedroom Townhouse Owner’s Unit with Washer/Dryer Hook-Ups | No Local Rent Control – Defaults to AB 1482
- On-Site Laundry Facility | Five Parking Spaces | Strong Neighboring Employment
Property Facts
| No. Units | 5 | Building Size | 4,463 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | HAR3* - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,463 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | HAR3* - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer Hookup
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Double Pane Windows
- Freezer
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $3,150 | - |
| 2+1 | 2 | $2,400 | - |
| 1+1 | 2 | $2,095 | - |
Property Taxes
| Parcel Number | 4047-029-020 | Improvements Assessment | $1,140,000 |
| Land Assessment | $460,000 | Total Assessment | $1,600,000 |
Property Taxes
Parcel Number
4047-029-020
Land Assessment
$460,000
Improvements Assessment
$1,140,000
Total Assessment
$1,600,000
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