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.