4217 W 142ND Street

    Hawthorne, CA 90250
    • $1,275,000
    • STATUS: Active Under Contract
    • ON SITE: 60 days
    • ID#: 19491914
    Under Contract
    UPDATED: 31 min ago
    $1,275,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,388
      SQFT
    • $376
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    -Qualifies for Residential Financing -Non-Rent Controlled Asset -Located West of Prairie Avenue & 1.5 Miles from SpaceX Headquarters -Excellent Unit Mix of All Three-Bedrooms -Walking Distance to Retail Shops, Office Buildings, Grocery Stores, & Entertainment on Rosecrans Avenue & Hawthorne Boulevard -Minimal Common Area and Utility Expenses -Over $7,000 Per Month in Rental Income! -Current GRM of 15 and Current Cap Rate of 4.58% -Pro-Forma Cap Rate of 5.16% & Pro-Forma GRM of 13.80

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-22T12:41:02.24. 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 RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/97198556

    4217 W 142ND Street Hawthorne, CA 90250

    • Price: $1,275,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: 19491914
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,388
    SQFT
    $376
    $/SQFT
    1947
    Built
    Neighborhood:
    109 - Ramona/Burleigh
    County:
    Los Angeles
    Area:
    109 - Ramona/Burleigh
    Property Description
    -Qualifies for Residential Financing -Non-Rent Controlled Asset -Located West of Prairie Avenue & 1.5 Miles from SpaceX Headquarters -Excellent Unit Mix of All Three-Bedrooms -Walking Distance to Retail Shops, Office Buildings, Grocery Stores, & Entertainment on Rosecrans Avenue & Hawthorne Boulevard -Minimal Common Area and Utility Expenses -Over $7,000 Per Month in Rental Income! -Current GRM of 15 and Current Cap Rate of 4.58% -Pro-Forma Cap Rate of 5.16% & Pro-Forma GRM of 13.80
    Exterior Features

    Garage Spaces 3.00 Lot Size Source Estimated Lot Size Units Square Feet Parking Features Garage Parking Total 3.00 Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.58 Gross Multiplier 15.07 Gross Operating Income 84600.00 Improvements Amount 410000 Insurance Expense 1525.00 Land Value 500000 Laundry YN Yes Maintenance Expense 1200.00 Net Operating Income 58357.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Other Expense 750.00 Special Listing Conditions Standard Taxes Percent 1.25 Total Actual Rent 84600.00 Total Expenses 22013.00 Vacancy Allowance 4230 Vacancy Allowance Rate 5.00 Water Sewer Expense 2600.00 Zoning Har1yy

    Listing provided courtesy of Jonathan Nikfarjam of Shield Cre, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-22T12:41:02.24. 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 RE/MAX Masters. Licensed in the State of California, USA.
     
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723