We are proud to present for sale, Hawthorne Way Apartments, in a prime residential locale west of Hawthorne Boulevard in the vibrant city of Hawthorne, California (L.A. County). At 31 units, Hawthorne Way Apartments boast a going-in CAP rate of 5.51% with further rental upside subject to 5%+CPI annual increases (currently 8.0%). This meticulously maintained, and professionally managed multifamily investment opportunity would make an ideal acquisition for today’s discerning investors seeking quality, stability, and excellent cash flow. Recent property upgrades include: Renovations to all or most of the apartment units; new electrical panels, new painting and landscaping, and a newly asphalted and striped gated parking lot. The property’s gorgeous curb appeal, prime location, and tranquil living quarters provide for stable occupancy and strong rent collections. Given today’s market rents and demand for studio and one-bedroom apartments, additional rental upside is achievable among the 30 studios and 1 bedroom apartment that tenants proudly call home. The property’s location is superb as practically every local convenience is walking distance or just minutes away. Major employers, supermarkets, pharmacies, churches, schools, restaurants, retail centers, and Hawthorne’s civic center are all just blocks away. Furthermore, the 25-acre Hawthorne Mall development site is for sale which is anticipated to lead to expanding the city’s economic growth and vitality. For all your questions and needs, please contact the listing agents, Aaron Fierstein (310) 978-7707 and Bridget Behmke (310) 622-1912 to assist you. Thank you very much for your interest. We look forward to working with you. Please do not disturb the tenants or trespass onto the property.