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14100 Inglewood Ave

Hawthorne, CA 90250
  • $1,300,000
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • ID#: 22-210643
Under Contract
$1,300,000
  • 7
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,474
    SQFT
  • $374
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

Located on Inglewood Avenue, West of Hawthorne Boulevard | Less Than 3.5 Miles from the Beach & the Manhattan Beach Pier | Tremendous Value-Add Opportunity | Approximately 77% in Rental Upside - 7.24% Pro-Forma Cap Rate & 10.01 Pro-Forma GRM | (One) 2-Bedroom/1-Bathroom Unit, (Five) 1-Bedroom/1-Bathrooms Units, & (One) Office | Office Provides Desirable Owner-User Opportunity or Opportunity to Use Office as Property Management Office | Billboard Generates $3,100 in Annual Additional Income, Current Lease Runs Until 2025 | Six Garages + 4 Surface Parking Spaces | Garages Generate $7,200 in Annual Additional Income | No Local Rent Control - Defaults to AB 1482 | All Units Qualify for Immediate 10% Rent Increase | Each Unit Contains Individual Hot Water Heaters | Large 9,531-Square Foot Corner Lot | Zoned HACMYY Presents Significant Redevelopment Potential | 1 Mile from El Segundo and Manhattan Beach, 2.5 Miles from SpaceX Headquarters, & 3.5 Miles from SoFi Stadium | Strong Neighboring Employment: Space X, Tesla, Intuit Dome (NBA Clippers Arena), LAX Airport, & Aerospace Defense Companies

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-04T23:42:40.083. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.realestatetoolbox.com/homes/134119143
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14100 Inglewood Ave Hawthorne, CA 90250

  • Price: $1,300,000
  • Status: Active Under Contract
  • On Site: 45 Days
  • ID#: 22-210643
7
Beds
0
Baths
0
½ Baths
0.22
Acres
3,474
SQFT
$374
$/SQFT
1955
Built
Neighborhood:
Ramona/Burleigh
County:
Los Angeles
Area:
Ramona/Burleigh
Property Description
Located on Inglewood Avenue, West of Hawthorne Boulevard | Less Than 3.5 Miles from the Beach & the Manhattan Beach Pier | Tremendous Value-Add Opportunity | Approximately 77% in Rental Upside - 7.24% Pro-Forma Cap Rate & 10.01 Pro-Forma GRM | (One) 2-Bedroom/1-Bathroom Unit, (Five) 1-Bedroom/1-Bathrooms Units, & (One) Office | Office Provides Desirable Owner-User Opportunity or Opportunity to Use Office as Property Management Office | Billboard Generates $3,100 in Annual Additional Income, Current Lease Runs Until 2025 | Six Garages + 4 Surface Parking Spaces | Garages Generate $7,200 in Annual Additional Income | No Local Rent Control - Defaults to AB 1482 | All Units Qualify for Immediate 10% Rent Increase | Each Unit Contains Individual Hot Water Heaters | Large 9,531-Square Foot Corner Lot | Zoned HACMYY Presents Significant Redevelopment Potential | 1 Mile from El Segundo and Manhattan Beach, 2.5 Miles from SpaceX Headquarters, & 3.5 Miles from SoFi Stadium | Strong Neighboring Employment: Space X, Tesla, Intuit Dome (NBA Clippers Arena), LAX Airport, & Aerospace Defense Companies
Exterior Features

Cross Streets Inglewood Avenue & 141st Street Lot Size Area 9531 Other Structures Other Parking Garage Garage Paved YN Yes Total Parking 10

Interior Features

Baths Total 7.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 184433 Gross Income 83788 Gross Operating Income 80436 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 46917.00 Number Of Buildings 3 Number Of Units 7 Sale Type Standard Source Living Area Estimated Source Lot Size Area Estimated Tax Total 16250.00 Total Annual Expense 33519 Type Of Units 1 & 2BDOFF Water Heaters YN Yes Year Built Source Estimated Zoning Hacmyy

Listing provided courtesy of Jonathan Nikfarjam DRE#01856803 of Shield Cre, Inc.: 310-593-9869.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-04T23:42:40.083. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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