2218 W Imperial

Hawthorne, CA 90250

$1,152,200

Sold Price
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1957

calendar_month Built

Property Description

2218 W Imperial Hwy is a fully vacant and renovation ready 4plex located in Hawthorne. Property will need full interior remodel and roof. No need to deal with in-place tenants! Once units are renovated, the property will operate at a 6.10% CAP and 11.49 GRM with the opportunity to add additional income from the potential ADU conversions. The property is comprised of (1) 2Bed+1Bath and (3) 1Bed+1Bath units averaging about 723 square feet each. There are 4 garage parking spaces with alleyway access as well as a laundry room on-site for tenants. 2218 W Imperial Hwy is just minutes away from major employers and new developments such as SpaceX, Boeing, Hollywood Park, SoFi Stadium, Intuit Dome, etc. The city of Hawthorne features top local schools including Hawthorne Math & Science Academy, Kornblum School, Bud Carson and Leuzinger High School.

Listing Information

Close Price $1,152,200
Close Date Monday, June 3rd, 2024
Status Closed
MLS SB24050143
Type Residential Income
Subtype Quadruplex
Year Built 1957
Lot Size 6,591
Structure Size N/A
DOM 78
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Cameron Samimi DRE#02035763

Interior Features

Laundry Information
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Exterior Information

Maps

Listing information courtesy of: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 4th, 2024 at 7:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.