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    12228 Grevillea Ave

    Hawthorne, CA 90250
    • $2,150,000
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 21-775570
    UPDATED: 132 min ago
    $2,150,000
    • 12
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,585
      SQFT
    • $385
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    -Highly Desirable Hawthorne Location West of Hawthorne Boulevard -No Local Rent Control - Defaults to AB 1482 -Approximately 1.5 Miles to SpaceX & 2.5 Miles to SoFi Stadium -Each Unit Contains Individual Hot Water Heaters -Copper Plumbing & 7 Covered Parking Spaces -Located within a Few Blocks of Hawthorne Boulevard, Hawthorne Plaza, and Hawthorne City Hall, Library & Police Department -On-Site Laundry Facility - Generates Additional Annual Income -4.30% Cap Rate & 15.40 GRM -Approximately 22% in Rental Upside - 5.68% Pro-Forma Cap Rate & 12.57 Pro-Forma GRM -Strong Neighboring Employment: Space X, Tesla & Aerospace Defense Companies

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T23:42:31.15. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.searchdesertrealestate.com/homes/120736796
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    12228 Grevillea Ave Hawthorne, CA 90250

    • Price: $2,150,000
    • Status: Active
    • Updated: 132 min ago
    • MLS #: 21-775570
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    5,585
    SQFT
    $385
    $/SQFT
    1958
    Built
    Neighborhood:
    North Hawthorne
    County:
    Los Angeles
    Area:
    North Hawthorne
    Property Description
    -Highly Desirable Hawthorne Location West of Hawthorne Boulevard -No Local Rent Control - Defaults to AB 1482 -Approximately 1.5 Miles to SpaceX & 2.5 Miles to SoFi Stadium -Each Unit Contains Individual Hot Water Heaters -Copper Plumbing & 7 Covered Parking Spaces -Located within a Few Blocks of Hawthorne Boulevard, Hawthorne Plaza, and Hawthorne City Hall, Library & Police Department -On-Site Laundry Facility - Generates Additional Annual Income -4.30% Cap Rate & 15.40 GRM -Approximately 22% in Rental Upside - 5.68% Pro-Forma Cap Rate & 12.57 Pro-Forma GRM -Strong Neighboring Employment: Space X, Tesla & Aerospace Defense Companies
    Exterior Features

    Covered Parking 7 Cross Streets Grevillea Avenue & West Broadway Lot Size Area 7876 Other Structures Other Parking Garage Covered Parking Paved YN Yes Total Parking 7

    Interior Features

    Baths Total 7.00 Common Walls Attached Cooling Other Equipment Other Heating Other Laundry Community

    Property Features

    Assessed Total Value 348523 Gross Income 141060 Gross Operating Income 134007 Like Units1 5 Like Units2 2 Net Operating Income 92348.00 Number Of Buildings 1 Number Of Units 7 Sale Type Standard Source Living Area Estimated Source Lot Size Area Estimated Tax Total 26875.00 Total Annual Expense 41659 Type Of Units 2 Bdr1 Bdr Water Heaters YN Yes Year Built Source Estimated Zoning Har3yy

    Listing provided courtesy of Jonathan Nikfarjam DRE#01856803 of Shield Cre, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T23:42:31.15. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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