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    4386 W 138th Street

    Hawthorne, CA 90250
    • $1,599,000
    • STATUS: Active Under Contract
    • ON SITE: 11 days
    • MLS #: SB21005168
    Under Contract
    UPDATED: 171 min ago
    $1,599,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,898
      SQFT
    • $326
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:

    School Ratings & Info

    Description

    First time on the market since 1975! This professionally managed 8 unit apartment building has been well-maintained by the same owner for nearly 43 years! 100% occupied. Great location, centrally located in the South Bay with easy access to the beach cities and just 2.8 miles away from the new SoFi Stadium! Close to restaurants, shopping, schools, parks, and more. CAP Rate is a projection based off of current/actual rents, new taxes and the expenses provided by the owner. Buyer to do their own due diligence. PLEASE DO NOT DISTURB THE TENANTS.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-23T00:27:18.87. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113186942
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    4386 W 138th Street Hawthorne, CA 90250

    • Price: $1,599,000
    • Status: Active Under Contract
    • Updated: 171 min ago
    • MLS #: SB21005168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    4,898
    SQFT
    $326
    $/SQFT
    1989
    Built
    Neighborhood:
    109 - Ramona/Burleigh
    County:
    Los Angeles
    Area:
    109 - Ramona/Burleigh
    Property Description
    First time on the market since 1975! This professionally managed 8 unit apartment building has been well-maintained by the same owner for nearly 43 years! 100% occupied. Great location, centrally located in the South Bay with easy access to the beach cities and just 2.8 miles away from the new SoFi Stadium! Close to restaurants, shopping, schools, parks, and more. CAP Rate is a projection based off of current/actual rents, new taxes and the expenses provided by the owner. Buyer to do their own due diligence. PLEASE DO NOT DISTURB THE TENANTS.
    Exterior Features

    Carport Spaces 8.00 Garage Spaces 0.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Wall Furnace Heating YN Yes Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.57 Community Features SidewalksSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 112500.00 Gross Multiplier 14.21 Gross Operating Income 111375.00 Gross Scheduled Income 112500.00 Insurance Expense 0.00 Land Lease YN No Laundry YN No Net Operating Income 73125.00 New Construction YN No New Taxes Expense 17988.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 38250.00 Operating Expense Percent 34.00 Professional Management Expense 0.00 Property Sub Type Commercial/Residential Rent Control YN No Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTrash Collection Total Actual Rent 112500.00 Total Expenses 38250.00 Trash Expense 0.00 Vacancy Allowance Rate 1.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Seller Zoning Har3yy

    Listing provided courtesy of Taya Dicarlo of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-23T00:27:18.87. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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