$1,200,000

2218 Imperial, Hawthorne 90250

5

Beds

4

Baths

6,591

Lot Size

4

# Of Units

Listing Agent
Cameron Samimi - Lyon Stahl Investment Real Estate, Inc.

2218 W Imperial Hwy is a fully vacant and renovation ready 4plex located in Hawthorne. Property will need full interior remodel and roof. No need to deal with in-place tenants! Once units are renovated, the property will operate at a 6.10% CAP and 11.49 GRM with the opportunity to add additional income from the potential ADU conversions. The property is comprised of (1) 2Bed+1Bath and (3) 1Bed+1Bath units averaging about 723 square feet each. There are 4 garage parking spaces with alleyway access as well as a laundry room on-site for tenants. 2218 W Imperial Hwy is just minutes away from major employers and new developments such as SpaceX, Boeing, Hollywood Park, SoFi Stadium, Intuit Dome, etc. The city of Hawthorne features top local schools including Hawthorne Math & Science Academy, Kornblum School, Bud Carson and Leuzinger High School.

Facts & Features

MLS® # SB24050143
Price $1,200,000
Bedrooms 5
Bathrooms 4.00
Lot Size 6,591
Year Built 1957
Type Residential Income
Sub-Type Quadruplex
Status Active Under Contract
# Of Units 4

Community Information

Address 2218 Imperial
Area 108 - North Hawthorne
City Hawthorne
County Los Angeles
Zip Code 90250

Amenities

Parking Spaces 4
# of Garages 4
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed March 12th, 2024
Days on Market 45
Zoning HAR3YY
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentCameron Samimi
OfficeLyon Stahl Investment Real Estate, Inc.

Listing Map

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