Hawthorne, CA 90250 4367 W 142nd Street
$1,999,999
17 more
Presented By: Kashif Chadury with Seven Star Properties; 818-430-5149
Beds • 15
Full/Half Baths • 7 / 2
SQFT • 6,491
Garage • 8
Year Built • 1964
Home Details
We are pleased to present a rare find and an exclusive opportunity to acquire a multi-family building comprised of 6 renovated mix units ideally located in the heart of Hawthorne, CA. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for vacations, business trips and urban young professionals making it a unique opportunity for short-and long-term rentals alike. This trophy property provides investors with the rare opportunity at 6% CAP to acquire an asset with tremendous presence, character, and scale in the city's most dynamic location. Investors seeking a product and location that is irreplaceable, with value-add potential, will strongly consider this once in a lifetime investment. Mix unit size making this lucrative to all prospects and easy to rent with high yield return.
Presented By: Kashif Chadury with Seven Star Properties; 818-430-5149
Interior Features for 4367 W 142nd Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 4367 W 142nd Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.15
Carport Y/NNo
CityHawthorne
Community FeaturesSidewalks
CountyLos Angeles
DirectionsOff of Hawthorne Blvd
Electric Expense3961.0
Electric On Property Y/NNo
Entry LocationFirst floor
Fuel Expense3208.0
Garage Spaces8.0
Garage Y/NYes
Gross Income180239.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense12000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, Submit
Lot Size Square Feet8695.0
Lot Size UnitsSquareFeet
MLS Area109 - Ramona/Burleigh
MobileHomeRemainsYNNo
Net Operating Income122963.0
New ConstructionNo
Number Of Units Total6
Operating Expense70143.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot50
Trash Expense7164.0
Water Sewer Expense4772.0
Year Built1964
Year Built SourceAssessor
ZoningHAR3YY
Exterior for 4367 W 142nd Street
Building Area Total6491.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.1996
Lot Size Area8695.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Justin Hughey
Price
$1,999,999
MLS#SR25042422
List Date
02/26/2025
Property Type
Multi-Family
Phone
(562) 818-1655
