Courtesy of: Jonathan Nikfarjam 01856803 | Shield CRE, Inc.
Purchase Type: Sale
MLS ID: 21775570
Days On Market: 55
Year Build: 1958
Lot size: 0.18
Property Type: Residential Income
New Construction: No
Swimming Pool: No
Address: 12228 Grevillea Avenue
County: Los Angeles
Neighborhood: 108 - North Hawthorne
-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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