This 7-unit multifamily property located in Hawthorne presents a compelling value-add investment opportunity in a supply-constrained South Bay rental market. Built in 1962 and encompassing 6,314 square feet of rentable space on an 8,741 square foot lot, the asset features a well-balanced unit mix of (2) one-bedroom/one-bath units, (4) twobedroom/one-bath units, and (1) three-bedroom/two-bath unit.
The property benefits from 7 covered carport parking spaces and an on-site laundry facility that generates additional income. Significant infrastructure improvements have already been completed, including updated copper plumbing, newer sewer line, and upgraded electrical panels, reducing near-term capital exposure and providing a strong foundation for future renovation efforts.
With approximately 44% rental upside, the asset offers investors the ability to enhance cash flow through interior upgrades and strategic lease repositioning. This is an attractive opportunity to acquire a well-located multifamily asset with existing operational stability and substantial upside potential through value-add execution.
Additional Features
- Lot 6500-9999
- Parking spaces: 7.00
- Listing Status: Active
- Listing Agent: Rick Applebaum
(lic# 01273871)
of Pacific West
- Listing Office: Morgan Skenderian
(lic# 01220368)
- CO-Listing Agent: Jay Skenderian
(lic# 01220368)
of Pacific West
- CO-Listing Office: Morgan Skenderian
(lic# 01220368)
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Based on information from CRISNet MLS as of 10th August 2026 at 1:18pm. 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.