Off-market DUPLEX Hawthorne, CA 90250

Los Angeles County, Hawthorne, CA, 90250 view full address
For Sale
Listed at: December 16th, 2024
Price
$775,000
ARV
$1,100,000
Gross Margin
$325,000
Sq. Footage
1697
Type
Multifamily
Parking
Detached Garage
Year build
1950
Lot size
8324.00 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
2
If someone buys for this price, no more offers will be accepted
Summary

STARTING PRICE: $775,000

GREAT FOR SB9 

EXIT THIS AT: $1,100,000

SUBMIT HIGHEST AND BEST. ALL OFFERS WILL BE CONSIDERED

Delivered vacant

  • Invest in the future of your portfolio with this unique property offering two separate homes on one lot.

  • Front House:

  • 3 bedrooms, 1.5 bathrooms 

  • Spacious layout and private yard

  • Back House:

  • 2 bedrooms, 1.5 bathrooms

  • Cozy and efficient, with its own private yard

  • Financial Highlights:

  • Front House Rental Income: $2,600/month

  • Back House Rental Income: $2,100/month

  • Total Monthly Rental Income: $4,700

  • Flexible Month-to-Month Leases

  • ZONING: HAR4*

  • Don't miss this opportunity to own a property with incredible earning potential!

  • $8,500 emd 

  • 12/30 COE 

  • SIGN UP FOR OUR ONE TIME SHOWING FRIDAY AT 1PM. MUST BE SIGNED IN CALL TEXT: JOHAN 714-519-6226

  • FAIR CONDITION. MORE INFO COMING SOON. IF YOU CAN BEAT US TO THE PHOTOS AND PERFORM BEFORE ANYONE ELSE WILL REMAIN MORE EXCLUSIVE AND INCLINED TO WORK WITH YOU.

  • Gas and Electric are together;water is not

 

COMPARABLES:

  1. LAST SOLD ON JAN 5, 2024 FOR $975,000 15022 Doty Ave, Hawthorne, CA 90250

  2. LAST SOLD ON JAN 30, 2024 FOR $940,00014906 Florwood Ave, Hawthorne, CA 90250

  3. SOLD ON SEP 21, 2024 14518 Fonthill Ave, Hawthorne, CA 90250 $920,000

Key Benefits: 

  1. Zoned: HAR4-

  2. SB9 play: provides expedited approval processes, offering significant potential for property appreciation and equity growth. This property features an 8,000 square foot lot, maximizing development opportunities under the new legislation. 

  3. Has good paying tenants at market value that are month to month.

CALL TEXT 714-519-6226

Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Johan

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Disposition manager