Hawthorne, CA 90250,4077 West 137th Street
Listed by Kristopher German • RE/MAX 2000 REALTY
$930,000
Est. payment /mo
Est.Price: ?

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2,086 SqFt
SOLD DATE : 12/03/2024

Key Details

Sold Price $930,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 2,086 sqft

Price per Sqft $445

MLS Listing ID CV-24169374

Year Built 1941

Lot Size 8,701 Sqft

Property Description

We are pleased to offer for sale these 2 Cottage Style units on one lot for sale in prime Hawthorne. The property includes a 2-bedroom/1-bath unit (to be delivered vacant at the close of escrow) and a larger 3-bedroom/2-bath unit, which cleverly was divided into a 2-bedroom/1-bath residence upstairs and a 1-bedroom/1-bath "in-law" quarters downstairs, maximizing its rental potential. Spanning 2,086 square feet of rental space on a generous 8,701 square foot lot, these homes are complemented by individual laundry hookups, adding to tenant convenience and appeal. The property boasts updated plumbing, ensuring reduced maintenance costs and increased reliability. Strategically located near Manhattan Beach, Sofi Stadium, and LAX Airport, this property not only offers great accessibility to major attractions but also stands to benefit from a significant 25% potential upside in rental income (A buyer can take advantage of the fact that all units are scheduled for their annual rental increase.). This presents an exceptional opportunity to capitalize on a well-maintained property with strong income growth potential.

Location

State CA

County Los Angeles

Zoning HAR1YY

Interior

Laundry Gas & Electric Dryer Hookup, Inside, Washer Hookup

Exterior

Parking Features Gated

Garage Spaces 2.0

Pool None

Community Features Curbs, Gutters, Sidewalks

Building

Lot Description Lot 6500-9999, 2-5 Units/Acre

Sewer Public Sewer

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Paul Ward

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Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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