13839 Jefferson Avenue, Hawthorne, California 90250
  • $925,000

Overview

Property ID: CV24169396
  • Apartment, Residential Income
  • Property Type
  • 2.0
  • Garages
  • 2190 Sqft
  • Area Size
  • 1941
  • Year Built

Description

We are excited to present a unique opportunity to purchase two detached, cottage-style units in prime Hawthorne. Each unit is situated on its own lot, with both lots adjacent to each other. Each home features 3 Bedrooms & 1 1/4 Bathrooms, together offering a total of 2, 190 square feet of rental space. The homes are situated on two separate lots (2 APNs), which together encompass 8, 652 square feet of land. Each cottage benefits from thoughtful upgrades such as wood laminate flooring, and newer plumbing, enhancing both aesthetics and functionality. Tenants enjoy the convenience of private garage parking and individual laundry hookups, adding significant appeal and comfort. Financially, the property is set up for success, with tenants responsible for electricity & gas, which optimizes cost-efficiency for the owner. Located in close proximity to key destinations such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property benefits from its strategic positioning that offers continuous tenant demand. Most notably, there exists a significant 30% upside in rental income (a buyer can take advantage of the fact that all units are scheduled for their annual rental increase), providing a lucrative opportunity for investors to increase revenue and capitalize on the property’s full potential in a high-demand area. This investment is ideal for those looking to expand their portfolio with a well-maintained and strategically located property.

  • Address: 13839 Jefferson Avenue
  • City: Hawthorne
  • State/county: CA
  • Zip/Postal Code: 90250
  • Country: US

Details

Updated on October 11, 2024 at 11:06 pm
  • Property ID CV24169396
  • Price $925,000
  • Property Size 2190 Sqft
  • Land Area 0.1986 Acres
  • Garages 2.0
  • Year Built 1941
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs, Gutter(s), Sidewalks

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