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    11962 Manor Drive

    Hawthorne, CA 90250
    • $1,495,000
    • STATUS: CONTINGENT
    • ON SITE: 53 days
    • ID#: 302565643
    Under Contract
    UPDATED: 30 min ago
    $1,495,000
    • 9
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    Check out this fully renovated and vacant quadruplex perfect for an investor or for an owner-user! This property provides a great investment opportunity with a potential 6% cap rate and 12.16 GRM. You could also live in one unit and rent out the other three units. This two-level building is beautifully remodeled with permits and is like new from top to bottom, including a brand new roof, windows, plumbing, HVAC, and electrical systems. There are two 3-bedroom units, one 2-bedroom unit, and a one-bedroom u Check out this fully renovated and vacant quadruplex perfect for an investor or for an owner-user! This property provides a great investment opportunity with a potential 6% cap rate and 12.16 GRM. You could also live in one unit and rent out the other three units. This two-level building is beautifully remodeled with permits and is like new from top to bottom, including a brand new roof, windows, plumbing, HVAC, and electrical systems. There are two 3-bedroom units, one 2-bedroom unit, and a one-bedroom unit. Each of the units are roomy and spacious with interior laundry, mini-split AC systems, and their own parking spot in the detached carport. The sunny and bright kitchens are elegantly remodeled with quartz counter tops, flat-panel cabinets, and sparkling stainless steel appliances. Dont miss the renovated bathrooms with modern finishes, floating vanities, ceiling fans, mirrored closet doors, recessed lighting, and lovely laminate floors. This is your opportunity to own an investment property that can obtain premium rents minutes away from the beach in the city of Hawthorne, which is also the home of Tesla. The price and terms for this building cant be beat!

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/107057560
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    11962 Manor Drive Hawthorne, CA 90250

    • Price: $1,495,000
    • Status: CONTINGENT
    • Updated: 30 min ago
    • ID#: 302565643
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1957
    Built
    Neighborhood:
    Hawthorne (90250)
    County:
    Los Angeles
    Area:
    Hawthorne (90250)
    Property Description
    Check out this fully renovated and vacant quadruplex perfect for an investor or for an owner-user! This property provides a great investment opportunity with a potential 6% cap rate and 12.16 GRM. You could also live in one unit and rent out the other three units. This two-level building is beautifully remodeled with permits and is like new from top to bottom, including a brand new roof, windows, plumbing, HVAC, and electrical systems. There are two 3-bedroom units, one 2-bedroom unit, and a one-bedroom u Check out this fully renovated and vacant quadruplex perfect for an investor or for an owner-user! This property provides a great investment opportunity with a potential 6% cap rate and 12.16 GRM. You could also live in one unit and rent out the other three units. This two-level building is beautifully remodeled with permits and is like new from top to bottom, including a brand new roof, windows, plumbing, HVAC, and electrical systems. There are two 3-bedroom units, one 2-bedroom unit, and a one-bedroom unit. Each of the units are roomy and spacious with interior laundry, mini-split AC systems, and their own parking spot in the detached carport. The sunny and bright kitchens are elegantly remodeled with quartz counter tops, flat-panel cabinets, and sparkling stainless steel appliances. Dont miss the renovated bathrooms with modern finishes, floating vanities, ceiling fans, mirrored closet doors, recessed lighting, and lovely laminate floors. This is your opportunity to own an investment property that can obtain premium rents minutes away from the beach in the city of Hawthorne, which is also the home of Tesla. The price and terms for this building cant be beat!
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks Topography Level

    Interior Features

    Cooling Wall/Window Heat Equipment Other/Remarks Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 6.03 Annual Expense Actual 29046 Buildings 1 Gross Rent Multiplier Actual 12.16 Gross Scheduled Income Actual 122940 Terms CashConventionalFhaVa Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 1895.0 Water Meter On Property Zoning Har3yy

    Listing provided courtesy of Keller Williams Realty. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Cay, Carly & Patrick | Keller Williams
    12780 High Bluff Drive
    San Diego CA, 92130