Sold
13927 Chadron Avenue
Hawthorne CA, 90250
$4,800,000
$314.05 per sqft
Sold
24 Baths
15,284 sqft
Residential
Built in 1958
Listed by Brice Head with CBRE, Inc. 310-363-4900
Impeccable, NEW product in a submarket that's on the come, minutes to LAX, SpaceX, Tesla Design Center, Northrop Grumman, Raytheon & the new LA Times HQ on Imperial Hwy. An opportunity to buy and 'cashflow' at a 5% cap rate clip, day one. All utilities on the tenants' dime, being condos. All units are HUGE 3 Bed/3.5 Bath units with den/office/nursery, also. Your 5% cap cashflow will only get more robust over the years due to the absence of rent control, here! New construction in the state is NOT SUBJECT TO RENT CONTROL, for the first15 years. Arguably perfect product, great location, great cashflow AND the additional hedge of knowing townhome sales, YTD, have exceeded $900,000 in Hawthorne/Gardena, in some cases - if you want to sell them off individually. (*one unit designated 'low income').The deal is arguably worth $6MM, deliverable under$5,000,000.
22215283
MLSⓇ ID
November 3, 2022
Listed
March 23, 2024
Updated
Map
13927 Chadron Avenue
Hawthorne CA, 90250
Interior Features
Total Stories
2
Bathrooms
24 Baths
Appliances
Dishwasher, Microwave
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.34 Acres
Other Property Details
Area Name
110 - East Hawthorne
Days on Market
90
Garage
Yes
Parking
Garage
Parking Total
18
View
No
County
Los Angeles
Pool
No
Zoning
HawR3
Buyer Agency Compensation
2.5%
Listing Contact: 310-363-4900
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Data last updated on 3/23/2024 at 1:37 AM UTC