Sold
13927 Chadron Ave
Hawthorne CA, 90250
$4,800,000
$314.05 per sqft
Sold
24 Baths
15,284 sqft
Multi-family
Built in 1958
Impeccable, NEW product in a submarket that's on the come, minutes to LAX, SpaceX, Tesla Design Center, Northrop Grumman, Raytheon & the new LA Times HQ on Imperial Hwy. An opportunity to buy and 'cashflow' at a 5% cap rate clip, day one. All utilities on the tenants' dime, being condos. All units are HUGE 3 Bed/3.5 Bath units with den/office/nursery, also. Your 5% cap cashflow will only get more robust over the years due to the absence of rent control, here! New construction in the state is NOT SUBJECT TO RENT CONTROL, for the first15 years. Arguably perfect product, great location, great cashflow AND the additional hedge of knowing townhome sales, YTD, have exceeded $900,000 in Hawthorne/Gardena, in some cases - if you want to sell them off individually. (*one unit designated 'low income').The deal is arguably worth $6MM, deliverable under$5,000,000.
22-215283
MLSⓇ ID
November 3, 2022
Listed
November 22, 2024
Updated
Map
13927 Chadron Ave
Hawthorne CA, 90250
Interior Features
Total Stories
2
Total Bathrooms
24
Appliances
Dishwasher, Microwave, Range/Oven
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.34 Acres
Other Property Details
Area Name
East Hawthorne
Days on Market
90
Garage
Yes
Parking
Garage
Parking Total
18
View
No
County
Los Angeles
Pool
No
Zoning
HawR3
Listed by Brice Head with CBRE, Inc.
Listing Contact: 310-344-8218
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Data last updated 11/22/2024
