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 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:37 AM UTC

 

Powered byLuxury Presence