$880,000
$925,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
13839 Jefferson Avenue Hawthorne, CA 90250
6 Beds
4 Baths
Key Details
Sold Price $880,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24169396
Sold Date 10/11/24
Bedrooms 6
Property Description
We are excited to present a unique opportunity to purchase two detached, cottage-style units in prime Hawthorne. Each unit is situated on its own lot, with both lots adjacent to each other. Each home features 3 Bedrooms & 1 1/4 Bathrooms, together offering a total of 2,190 square feet of rental space. The homes are situated on two separate lots (2 APNs), which together encompass 8,652 square feet of land. Each cottage benefits from thoughtful upgrades such as wood laminate flooring, and newer plumbing, enhancing both aesthetics and functionality. Tenants enjoy the convenience of private garage parking and individual laundry hookups, adding significant appeal and comfort. Financially, the property is set up for success, with tenants responsible for electricity & gas, which optimizes cost-efficiency for the owner. Located in close proximity to key destinations such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property benefits from its strategic positioning that offers continuous tenant demand. Most notably, there exists a significant 30% upside in rental income (a buyer can take advantage of the fact that all units are scheduled for their annual rental increase), providing a lucrative opportunity for investors to increase revenue and capitalize on the propertys full potential in a high-demand area. This investment is ideal for those looking to expand their portfolio with a well-maintained and strategically located property.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of I-405, South of I-105; Near the Intersection of 139th St & Jefferson Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
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Bought with BONNIE TSAI Pinnacle Real Estate Group
