This is a great opportunity to own a fully remodeled and turn-key 6-unit property with 2 vacancies in the City of Hawthorne. This property cash flows to an amazing 5.2% cap rate with considerable upside (the studio rents at $800/month) without local rent control in a great location. All units are fully remodeled with stainless appliances. Tenants also pay for their own trash, electrical, and gas which will save the buyer on operating expenses. The garage is also vacant and can be rented out for additional income or possibly converted into an ADU further enhancing the numbers. The property is centrally located in the city of Hawthorne within minutes of SpaceX, LAX, Tesla Design Center, Northrop Grumman, Raytheon, InTuit Dome (Clippers), the new LA Times HQ on Imperial Hwy as well as the South Bay, making it easy to access shopping, dining, great schools, and public transportation. This property has the best of all worlds for an investor as it is fully remodeled and turn-key, but at the same time, has considerable upside without rent control in a great location.
Courtesy of , Julio Ruiz - CA DRE#
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