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14100 Inglewood Ave
Hawthorne, CA 90250

6 Apartment Units with Office & Billboard · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Located on Inglewood Avenue, West of Hawthorne Boulevard | Less Than 3.5 Miles from the Beach & the Manhattan Beach Pier
  • Office Provides Desirable Owner-User Opportunity or Opportunity to Use Office as Property Management Office
  • (One) 2-Bedroom/1-Bathroom Unit, (Five) 1-Bedroom/1-Bathrooms Units, & (One) Office | No Local Rent Control – Defaults to AB 1482
  • Approximately 77% in Rental Upside - 7.24% Pro-Forma Cap Rate & 10.01 Pro-Forma GRM | Each Unit Contains Individual Hot Water Heaters
  • Six Garages + 4 Surface Parking Spaces - Garages Generate $7,200 Annually | Billboard Generates $3,100 Annually, Current Lease Runs Until 2025
  • Large 9,531-Square Foot Corner Lot | Zoned HACMYY – Presents Significant Redevelopment Potential | All Units Qualify for Immediate 10% Rent Increase

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.22 AC
Building Size 3,474 SF
Average Occupancy 86%
No. Stories 1
Year Built 1955
Parking Ratio 2.88/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $925.00 -
1+1 5 $864.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4043-028-001
Land Assessment
$882,300
Improvements Assessment
$306,000
Total Assessment
$1,188,300

zoning

Zoning Code HACMYY
HACMYY
  • Listing ID: 26898454

  • Date on Market: 10/20/2022

  • Last Updated:

  • Address: 14100 Inglewood Ave, Hawthorne, CA 90250

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