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    4078 W El Segundo Boulevard

    Hawthorne, CA 90250
    • $1,500,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: PW21065571
    UPDATED: 2 min ago
    $1,500,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,560
      SQFT
    • $229
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    We are proud to present 4078 W. El Segundo Blvd!This incredible 1960's "mixed use value add Asset is comprised of 5 large residential units (2 2bd x 1bth & 3 1bd x 1bth ) and two large (1,080Sf) street level commercial spaces Average daily vehicle volume/count is at approximately 30,000. The building is situated on a large lot (7,201Sf) has onsite laundry, six onsite covered parking spaces and two additional non covered parking spaces (8 total). Current rents are 30 to 40% below market, a true value add opportunity! Centrally located in the city of Hawthorne, just a short distance from many exciting new high-profile economic development sites and business! SpaceX, Tesla, Amazons subsidiary, RINGs new headquarters/development site, new Hotels, Restaurants, Urth Cafe, The Boring Company's new underground transportation initiative, to name just a few!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/115666296
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    4078 W El Segundo Boulevard Hawthorne, CA 90250

    • Price: $1,500,000
    • Status: Active
    • Updated: 2 min ago
    • ID#: PW21065571
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,560
    SQFT
    $229
    $/SQFT
    1961
    Built
    Neighborhood:
    110 - East Hawthorne
    County:
    Los Angeles
    Area:
    110 - East Hawthorne
    Property Description
    We are proud to present 4078 W. El Segundo Blvd!This incredible 1960's "mixed use value add Asset is comprised of 5 large residential units (2 2bd x 1bth & 3 1bd x 1bth ) and two large (1,080Sf) street level commercial spaces Average daily vehicle volume/count is at approximately 30,000. The building is situated on a large lot (7,201Sf) has onsite laundry, six onsite covered parking spaces and two additional non covered parking spaces (8 total). Current rents are 30 to 40% below market, a true value add opportunity! Centrally located in the city of Hawthorne, just a short distance from many exciting new high-profile economic development sites and business! SpaceX, Tesla, Amazons subsidiary, RINGs new headquarters/development site, new Hotels, Restaurants, Urth Cafe, The Boring Company's new underground transportation initiative, to name just a few!
    Exterior Features

    Carport Spaces 6 Carport YN Yes Entry Level 1 Entry Location 1 Fencing BlockChain Link Foundation Details Slab Lot Features Rectangular LotStreet LevelWalkstreet Number Of Separate Electric Meters 7 Open Parking Spaces 2 Parking Features Attached CarportDetached Carport Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof CompositionFlat Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Electric Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.1 Common Interest Community Apartment Community Features CurbsGutter(S)ParkStreet LightsSuburbanSidewalks Fuel Expense 0 Garage YN No Gross Income 101544 Gross Scheduled Income 101544 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 61470 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Operating Expense 38043 Property Condition Repairs Cosmetic Property Sub Type Apartment Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas Not AvailableSewer ConnectedWater Connected Vacancy Allowance 2031 Vacancy Allowance Rate 2 Water Sewer Expense 0 Water Source Public Zoning Hacmyy

    Listing provided courtesy of Cameron Jacques of Kinnery's Brokerage House


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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