ASSET 8-unit* apartment located in Hawthorne, west of Hawthorne Boulevard. No local rent control – defaults to AB 1482. The property contains a unit mix of (one) 3-bedroom/2-bathroom unit, (two) 2-bedroom/1-bathroom units and (five) 1-bedroom/1-bathroom units. Six of the units have been renovated. Situated on a 7,733 -SF lot, the property features upgraded electrical subpanels in all units, a newer roof (2021) with 30-year warranty on materials and a newer hot water heater (2022). Additionally, there are a total of 7 parking spaces and an on-site laundry facility is able to generate additional annual income. 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 Seller carry ?nancing is available at a rate of 5.0% interest only with 40% down payment (60% LTV) for a duration of 12-18 months. This 5,971-SF apartment presents stable in-place rents as well as legitimate rental upside. The asset contains a current cap rate of 5.75% and current GRM of 11.23 and a pro-forma cap rate of 6.70% and pro-forma GRM of 10.08. *Property is 7 legal units with 1 non-conforming unit. Please do not disturb tenants. Buyer to conduct their own due diligence and investigation.