$2,250,000
$2,400,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
9,753 Sqft Lot
SOLD DATE : 08/23/2024
Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24106338
Sold Date 08/23/24
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1965
Annual Tax Amount $19,463
Lot Size 9,753 Sqft
Lot Dimensions Assessor
Property Description
Rare opportunity to own this incredible 4-plex! This recently-renovated property boasts fabulous cashflow today AND leaves future opportunity to increase rents and convert the existing free-standing 3-car garage into another unit! From the fresh exterior paint (2024), to central heat and air (2023), to renovations throughout (2022), this property is perfect for a turnkey investor. All units include washer dryer hookups inside, plus amenities like ceiling fans, recessed lighting, oversized closets, and large bathrooms throughout. The unit mix includes an enormous owner's unit with over 2,200sf, plus TWO 3bed/2bath units, plus ONE 1bed/1 bath unit as well. With 5 garage spaces and ample parking space, every inch of this nearly 10,000sf property is producing income for the next owner. Take advantage of this rare opportunity to own a cash cow in one Hawthorne's best areas!
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Zoning HAR1YY
Rooms
Other Rooms Second Garage
Interior
Interior Features Ceiling Fan(s), Granite Counters
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type Gas, Living Room
Fireplace Yes
Appliance Free-Standing Range, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Laundry Room
Exterior
Garage Assigned, Concrete, Door-Multi, Door-Single, Garage Faces Front, Garage, Off Street, Garage Faces Side
Garage Spaces 5.0
Garage Description 5.0
Fence Average Condition, Block, Masonry
Pool None
Community Features Biking, Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Neighborhood
Roof Type Asphalt
Accessibility None
Parking Type Assigned, Concrete, Door-Multi, Door-Single, Garage Faces Front, Garage, Off Street, Garage Faces Side
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre, Drip Irrigation/Bubblers, Gentle Sloping, Sprinklers In Front, Sprinkler System, Walkstreet
Faces South
Story 2
Entry Level Two
Foundation Combination, Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Additional Building Second Garage
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 4042025005
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Standard, No Smoking
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with John (Fitz) Dietz • Vista Sotheby’s International Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA