12134 Grevillea Avenue
Hawthorne, CA 90250
4645 sqft | 7 beds | 0.22 acres | #25574045
Description
Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | Significant Value-Add Potential - Approximately 130% in Rental Upside | 8.25% Pro-Forma Cap Rate & 9.07 Pro-Forma GRM | Large 9,719-SF Lot | Outstanding Opportunity to Add ADUs (Accessory Dwelling Units) or Redevelop the Property in the Future | Approximately 1.5 Miles from Northrup Grumman & Intuit Dome and 2 Miles from SoFi Stadium | Unit Mix of (1) 2-Bedroom/1-Bathroom Unit & (5) 1-Bedroom/1-Bathroom Units | No Local Rent Control - Defaults to AB 1482 | Total of 6 Parking Spaces | Priced at $216,667 Per Unit & $280 Per SF | Strong Neighboring Employment: Raytheon, Los Angeles Times, SpaceX, Tesla Design Center, Hollywood Park Tomorrow, Boeing & LAX Airport
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$1,300,000
- MLS #25574045
- MLS #25574045
- Cost1300000
- Acres0.2231
- Square Feet4645
- Year Built1959
- Bedrooms7
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jonathan Nikfarjam (#CLW-C100141)
Listing Office: Shield CRE, Inc. (#CLW-X82383)
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