$1,895,000
About this home
This 7-unit multifamily property located in Hawthorne presents a compelling value-add investment opportunity in a supply-constrained South Bay rental market. Built in 1962 and encompassing 6,314 square feet of rentable space on an 8,741 square foot lot, the asset features a well-balanced unit mix of (2) one-bedroom/one-bath units, (4) twobedroom/one-bath units, and (1) three-bedroom/two-bath unit. The property benefits from 7 covered carport parking spaces and an on-site laundry facility that generates additional income. Significant infrastructure improvements have already been completed, including updated copper plumbing, newer sewer line, and upgraded electrical panels, reducing near-term capital exposure and providing a strong foundation for future renovation efforts. With approximately 44% rental upside, the asset offers investors the ability to enhance cash flow through interior upgrades and strategic lease repositioning. This is an attractive opportunity to acquire a well-located multifamily asset with existing operational stability and substantial upside potential through value-add execution.
Facts & features
- Laundry
- Common Area
- Lot size
- 0.201 acres (8,741 sq ft)
- Pool
- None
- Year built
- 1962
- Parking spaces
- 7
- Area
- 107 - Holly Glen/Del Aire
- County
- Los Angeles
- Community features
- Biking, Curbs, Park, Sidewalks
- Status
- Active
- Property type
- Apartment
- Days on market
- 0
- Listed
- 2026-06-01
- Terms
- Cash To New Loan
- Parcel #
- 4047023004
- MLS #
- PW26118308
