13117 Florwood Avenue

    Hawthorne, CA 90250
    • $690,000
    • STATUS: Active Under Contract
    • ON SITE: 72 days
    • ID#: SB18236785
    Under Contract
    UPDATED: 41 min ago
    $690,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,866
      SQFT
    • $370
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Seller to consider all offers! 13117-13119 Florwood Ave presents an excellent opportunity in Hawthorne as an investment, owner/user, or both. The improvements include two detached homes on one lot with double alley access running east/west from the street & north/south in the rear. Within the past three years the duplex has been modernized with a new roof, new exterior paint, new plumbing, circuit breakers, water heaters and wall heaters. The front 2 bedroom, 1 bath home, built in 1947, features two gated parking spaces and the interior has been improved and updated. The rear 3 bedroom, 1 bath home, built in 1957, features a 1-car garage and two to three additional open parking spaces. The interior has also been improved and updated. Some renovations include new kitchen cabinets, new granite counter-tops, and flooring throughout. Both homes feature in-unit laundry. The property is located close to the major employment centers of LAX and SpaceX.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T08:25:31.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/88027175

    13117 Florwood Avenue Hawthorne, CA 90250

    • Price: $690,000
    • Status: Active Under Contract
    • Updated: 41 min ago
    • ID#: SB18236785
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,866
    SQFT
    $370
    $/SQFT
    1947
    Built
    Neighborhood:
    110 - East Hawthorne
    County:
    Los Angeles
    Area:
    110 - East Hawthorne
    Property Description
    Seller to consider all offers! 13117-13119 Florwood Ave presents an excellent opportunity in Hawthorne as an investment, owner/user, or both. The improvements include two detached homes on one lot with double alley access running east/west from the street & north/south in the rear. Within the past three years the duplex has been modernized with a new roof, new exterior paint, new plumbing, circuit breakers, water heaters and wall heaters. The front 2 bedroom, 1 bath home, built in 1947, features two gated parking spaces and the interior has been improved and updated. The rear 3 bedroom, 1 bath home, built in 1957, features a 1-car garage and two to three additional open parking spaces. The interior has also been improved and updated. Some renovations include new kitchen cabinets, new granite counter-tops, and flooring throughout. Both homes feature in-unit laundry. The property is located close to the major employment centers of LAX and SpaceX.
    Exterior Features

    Garage Spaces 1.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway - ConcreteGarage - Single Door Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 754 Average2 Bed Area Units Square Feet Average3 Bed Area 1112 Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Inside Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.60 Community Features Suburban Country Us Electric Expense 852.00 Elevation Units Feet Fuel Expense 852.00 Gross Income 40740.00 Gross Multiplier 16.94 Gross Operating Income 38703.00 Gross Scheduled Income 40740.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 24823.00 New Construction YN No New Taxes Expense 8970.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 13880.00 Operating Expense Percent 34.07 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 13880.00 Trash Expense 853.00 Vacancy Allowance 2037 Vacancy Allowance Rate 5.00 Water Sewer Expense 853.00 Water Source Public Year Built Source Assessor Zoning Har3yy

    Listing provided courtesy of Derek Fowler of Re/Max Commercial & Investment.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T08:25:31.27. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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