ASSET 7-unit apartment located in Hawthorne, west of Hawthorne Boulevard. No local rent control – defaults to AB 1482. The property contains a unit mix of (3) 2-bedroom/2-bathroom units, (2) 2-bedroom/1-bathroom units and (2) 1-bedroom/1-bathroom units. Each unit contains upgraded electrical subpanels (2023). Situated on a 7,179-SF lot, the property is newly painted and features a new main sewer line, partial copper plumbing, new main electrical panels, new hot water heater and gas shut-off valves. There are a total of 7 parking spaces and an on-site laundry facility is able to generate additional annual income. The property has passed the SB721 balcony inspection and the building was tented for termite within the past few years. LOCATION The property is located west of Hawthorne Boulevard and approximately 1.5 miles from Intuit Dome and Northrup Grumman and 2 miles from SoFi Stadium. Also in short distances are many neighboring employment centers such as Raytheon, Los Angeles Times, SpaceX, Tesla Design Center, Hollywood Park Tomorrow, Boeing, and the LAX Airport. FINANCIALS This 6,357-SF apartment presents stable in-place rents as well as legitimate rental upside. The asset contains a current cap rate of 5.38% and current GRM of 12.34 and a pro-forma cap rate of 7.74% and pro-forma GRM of 9.50. *Buyer to verify and investigate independently. Buyer to conduct their own due diligence. Please do not disturb tenants.