$1,500,000 Price Analysis   ♡   Hawthorne, CA 90250 0 bed None bath 5,484 SqFt ($273/SqFt) 6,957SqFt lot. Built 1963 Listed 2024-07-13 | Ⓧ USDA Ineligible due to price & location near Hawthorne |
We are pleased to present Menlo Avenue Apartments located in the city of Hawthorne.
The 5, 484 SF five unit property constructed in 1963 is comprised of one x one bedroom/one bath, two x two bedroom/one and three-quarter bath and two x four bedroom/ one and three-quarter bath apartments. The four-bedroom units were orginally three-bedrooms and walls were added to create additional bedroom. Further, these specific units have laundry hookups and fireplaces.
Recent capital improvements include complete renovation of units B and E in 2023. The central water hea ter along with the majority of the sewer line were replaced in 2022, totaling in excess of $100, 000 in recent capital expenditures. The property has 6 parking spaces, on-site leased laundry and a community roof deck in the rear above the carport. The property is subject to AB 1482 and there is no local rent control in Hawthorne. Please do not walk on property, tenants are not aware of sale.
Presented by Robert Leveen at
Robert Leveen.
Property MLS #24-414955 from TheMLSCLAW
Laundry Features: Room
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6957
Parking Total: 6
Calculated Total Monthly Association Fees: 0
Number of Units: 5
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1800, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 2400, 3 BedsTotal: 2, 3 BathsTotal: 2, 3 SquareFeet: 2400, 4 BedsTotal: 4, 4 BathsTotal: 2, 4 SquareFeet: 3400, 5 BedsTotal: 4, 5 BathsTotal: 2, 5 SquareFeet: 3400
County: Los Angeles
Cap Rate: 5.02
Directions: Menlo just south of Imperial
Source Property Type: Residential Income
Area: North Hawthorne
Source Neighborhood: North Hawthorne
Parcel Number: 4047-005-021
Postal Code Plus 4: 2537
Zoning: HAR3YY
Source System Name: C2C
$1,500,000
TheMLSCLAW
Listing removed 2012-05-29
$599,000
CRMLS
Relisted 2012-02-14
$599,000
CRMLS
Listing removed 2012-01-15
$599,000
CRMLS
Listed 2012-01-02
$599,000
CRMLS
Year Built: 1963
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 61
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.