Hawthorne, CA 90250
4383 West 137th Street is a 7 unit multi-family property located in the sought after South Bay city of Hawthorne.There is no rent control in Hawthorne allowing a new owner to take advantage of the significant upside that exists in the current rents. The attractive unit mix consists of 3-1BR/1BA, 3-2BR/1BA and 1-3BR/2BA. With realistic rent increases a new owner can realize over 15% upside. The subject property was originally built in 1962. Total building square footage is 6,625 sq ft and the units sit on a large 8,702 sq ft lot. The plumbing is copper and overall the asset has been very well maintained by current ownership with no known deferred maintenance.The units are individually metered for gas and electricity and there is one water heater. Additionally select units have patios for tenants to enjoy.
Brian Estes with Re/Max Commercial & Investment
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