4029 W 142nd Street, Hawthorne, 90250

Residential Income For Sale

$1,650,000

Beds
Baths
6,401Sqft
.2Acres
2Garages
1964Built
35DOM
MLS® #: SB19021023
Closed, 35 Days on Market

Call for Offers: Due Monday 2/11/2019. CBRE is proud to present the 142nd Street Apartments. This six-unit property, constructed in 1964, has a diverse unit mix consisting of two, three-bedroom/two bath units, two, two-bedroom/two-bath units, one, two-bedroom/one-bath unit, and one, one-bedroom/one-bath unit. The front three-bedroom unit contains approximately 1,645 square feet, features a den, a fireplace in the main room, and forced-air heating. The remaining five units have gas wall heaters. All the units have washer and dryer hookups. (No common area laundry room) Parking consists of a two-car garage and six carport spaces for a total of eight parking spaces. Utilities are separately metered for gas and electric and water/sewer is master metered. The property features a hip/composition shake roof with rain gutters. The property was under long-term ownership and rents are approximately 10%+ under market level. No rent control in Hawthorne. Conveniently located nearby Space X, Amazon's Ring, LAX & Manhattan Beach. In summary, the high demand for rental housing, continuing economic growth in the South Bay, and high cost of home ownership all support strong investment fundamentals and future rent growth for the 142nd Street Apartments.

Price & Status History

Date Details
Status Changed from Pending to Closed
Status Changed from Closed to Pending
Status Changed from Pending to Closed
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract

Essential Information

MLS® #: SB19021023
Price: $1,650,000
Square Footage: 6,401
Acres: 0.20
Year Built: 1964
Type: Residential Income
Status: Closed

Community Information

Address: 4029 W 142nd Street
City: Hawthorne
County: Los Angeles
State: CA
Zip Code: 90250

Amenities

Parking Spaces: 8
# of Garages: 2

Interior

Appliances: Gas Oven, Gas Stove
Heating: Wall Heater
Stories: Two

Exterior

Lot Description: Landscaped, Lot-Level/Flat
Roof: Composition

Additional Information

Date Listed: January 28th, 2019
Days on Market: 35
Zoning: HAR3YY

Listing Details

Listing Agent: Michael Mckinney(00634672)
Listing Office: CBRE Inc.

Financials

$/SqFt: $258

Welcome to this 0 bedroom 0 bath Residential Income in the Ramona/Burleigh (109) section of Hawthorne located at 4029 W 142nd Street built in 1964. It is 0 square feet and the current asking price is $ 1,650,000.

Properties for Sale Similar to 4029 W 142nd Street, Hawthorne, CA

Based on information from California Regional Multiple Listing Service, Inc. as of September 21st, 2019 at 4:07am PDT. 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, 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.