The subject property is a non-rent controlled 16-unit multi-family property in Hawthorne, CA. Built in 1963, the property consists of three one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit and 12 two-bedroom/one-and-a-half-bathroom townhouse style units with large balconies.. The building is separately metered for gas and electric and has covered parking. The Owner also bills back tenants for water the RUBS Program. The property has an on-site laundry facility and is nicely landscaped. The building has an interior courtyard and is well maintained, altogether yielding a good potential for upside in rent. Hawthorne is six square miles and is bounded by the cities of Inglewood, Redondo Beach, Lawndale, Gardena, Manhattan Beach and El Segundo. As of the 2010 Census, Hawthorne had a population of 84,293 people, 28,536 households, and 19,775 families. Its major employers include Northrop Grumman, SpaceX, OSI Manufacturing and Tesla Motors.
Lechavarria@onthegorealestate.com
