2218 W Imperial Hawthorne, CA ^$ 1,200,000

2218 W Imperial

^$ 1,200,000

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2218 W Imperial

Hawthorne, CA, 90250

^$ 1,200,000

Bedrooms5 Baths4.0 Sq 2,892

Monthly Estimate*

^$ 8,382

Listed by Lyon Stahl Investment Real Estate, Inc.

2218 W Imperial, Hawthorne, CA 90250 - Image 1

2218 W Imperial, Hawthorne, CA 90250 - Image 2

2218 W Imperial, Hawthorne, CA 90250 - Image 3

2218 W Imperial, Hawthorne, CA 90250 - Image 4

2218 W Imperial, Hawthorne, CA 90250 - Image 5

2218 W Imperial, Hawthorne, CA 90250 - Image 6

2218 W Imperial, Hawthorne, CA 90250 - Image 7

2218 W Imperial, Hawthorne, CA 90250 - Image 8

2218 W Imperial, Hawthorne, CA 90250 - Image 9

Multi-Family Home for sale in Hawthorne, CA

for $1,200,000 with 5 bedrooms and 4 full baths. This 2,892 square foot home was built in 1957 on a lot size of 0.1513.

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.

Multi-Family Active

Price

^$ 1,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1513

Year Built

1957

Town/City

Hawthorne

County/Region

Los Angeles

MLS | Web ID

SB24050143

Days on Market

Features

General

Sewer PublicSewer

Zoning HAR3YY

Garage Spaces 4.0

Pool Features None

Year Built 1957

Property SubType Quadruplex

Gross Income 104400.0

Community Features Urban

County Los Angeles

Net Operating Income 73248.0

Operating Expense 25932.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status ActiveUnderContract

Directions On Imperial Hwy and Van Ness Ave

City Hawthorne

Entry Location Front

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area 108 - North Hawthorne

Lot Size Square Feet 6591.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Imperial

Listing Terms Cash Conventional Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 48

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 695

Property Sub Type Additional Quadruplex

Expected Active Date 2024-03-13

Cap Rate 6.1

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 4.0

Lot Size Area 6591.0

Number of Buildings 1

Spa N

Building Area Total 2892.0

Lot Size Acres 0.1513

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2218

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 425-9838

Phone

Affordability Calculator

$8,382

Per Month

Monthly Principal & Interest: $8,382
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hawthorne, CA

Average List Price ^$1,810,169

Percent of Sale Price 51%

About Hawthorne, CA

89,736 Population

5% Since 2002

^$47,626 Median Income

34.44 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2024	$1,200,000		Listed Price

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2218 W Imperial, Hawthorne, CA, 90250 is a Multi-Family Home for sale at $1,200,000 with 2,892 sqft and a lot size of 0.1513. 2218 W Imperial has 5 bedrooms, 4.0 baths, and was built in 1957. The property's zip code is 90250 which is in Hawthorne, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2024. 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.

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2218 W Imperial

Multi-Family Home for sale in Hawthorne, CA

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