Amazing potential in this triplex in a great area of Hawthorne! Front unit is a detached, split-level, 3 Bed/2.5 bath home with private front yard, about 1580 SF. Behind it is a one-level duplex with both units being 2 bed 1.5 bath, 971 SF. 5 car garage is in the back. ** Please note, the property is a FIXER and will require all cash, or cash to private financing.
DEVELOPERS! This is also for sale as land, since the city says up to FOUR units can be built on site! City says at least one ADU can be built while still keeping the triplex, and NO garages are required since this property is so close to so much mass transit. Therefore, the entire 5 car garage can be converted into living space or maybe 2 ADUs (Buyer to verify with city).
– Each unit has built in laundry.
– The entire property will be delivered vacant at the close of escrow.
– Tenants pay for separately metered electric & gas. Individual water heaters; owners pay for water.
– Top location, close access to LAX, 405 & 105 freeways, giving easy commute access.
– Close to Westside, South Bay and Eastside communities. close proximity to SoFi stadium, Kia Forum, SpaceX, shopping and transportation.
– Low density street.
– Seller has all the inspection reports (general, sewer, termite) available to any buyer.
– Quick drive to major entertainment and dining centers in Manhattan, Hermosa, and Redondo Beach
– All units will be delivered VACANT at close of escrow, allowing market rents, currently approximately $8900 for all 3 units!
– NOTE: all the financial information is based on the property being fully remodeled and part of the 5 car garage becomes an ADU; so 4 units total. GSI will be at least $9,950 per month including the new ADU. Full proformas are available for both options: (1) a remodeled triplex and 5 car garage, without an ADU, and (2) Remodeled triplex and a 3 car garage and an ADU.
