4077 W 137Th Street

Description

We are pleased to offer for sale these 2 Cottage Style units on one lot for sale in prime Hawthorne. The property includes a 2-bedroom/1-bath unit (to be delivered vacant at the close of escrow) and a larger 3-bedroom/2-bath unit, which cleverly was divided into a 2-bedroom/1-bath residence upstairs and a 1-bedroom/1-bath "in-law" quarters downstairs, maximizing its rental potential. Spanning 2,086 square feet of rental space on a generous 8,701 square foot lot, these homes are complemented by individual laundry hookups, adding to tenant convenience and appeal. The property boasts updated plumbing, ensuring reduced maintenance costs and increased reliability. Strategically located near Manhattan Beach, Sofi Stadium, and LAX Airport, this property not only offers great accessibility to major attractions but also stands to benefit from a significant 25% potential upside in rental income (A buyer can take advantage of the fact that all units are scheduled for their annual rental increase.). This presents an exceptional opportunity to capitalize on a well-maintained property with strong income growth potential.

Listing information courtesy of: Kristopher German, RE/MAX 2000 REALTY 626-427-0786. *Based on information from the Association of REALTORS/Multiple Listing as of 11/29/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.