MultiFamilyOWL has many investors calling in daily still looking for ShortSale opportunities only. Although there is less multifamily income property being listed in ShortSale status than years earlier, they still come up. Today MultiFamilyOWL is spotlighting a multifamily DUPLEX FOR SALE in Hawthorne California listed two days ago as a ShortSale by George Chovan Great American Realty Services. The Duplex For Sale is located on 132nd Street very near the Crenshaw/El Segundo Blvd. intersection and hit the MLS at $389,000. The Duplex features a front 3 bedroom 2 bathroom home and a rear 1 bedroom 1 bathroom apartment. Each unit has individual gas/electric utility meters. To view the financials and in depth description of this DUPLEX FOR SALE in Hawthorne California please click here! (All property details retrieved from CRMLS © 2014 CRMLS. Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed)
The neighboring city of Lawndale California also has many DUPLEX multifamily properties FOR SALE. MultiFamilyOWL has highlighted a few Duplexes for sale over the past weeks in Lawndale California. Please click this live link below to view these Duplex Properties:
Hawthorne Investment Properties for Multifamily Homes For Sale
Hawthorne is in the southwestern region of Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Hawthorne.
Hawthorne’s population was 85,681 as of 2012. The estimated median household income in 2011 was $42,723 (it was $31,887 in 2000). This is lower than the California median which was $57,287 in 2011.
Ideally located near the Los Angeles International Airport, connected by rail to the Port of Los Angeles and downtown Los Angeles, and surrounded by the San Diego (I-405), Harbor (I-110), and Glenn M. Anderson (I-105) Freeways, the City of Hawthorne could easily be termed the “Hub of the South Bay.” The City of Hawthorne Commercial Rehabilitation Program has transformed over a dozen business fronts within the past 4 years and continues to rehabilitate commercial business fronts along Hawthorne Boulevard and throughout the city. With excellent freeway visibility (I-105) via a four-way interchange at Crenshaw Boulevard and 120th Street, more than 900,000 square feet of renovated office and research and development facilities reside. Directly across the street from a 135,000 square foot Lowe’s Home Improvement store and garden center and Levitz, sits a new commercial strip. Anchoring the planned retail center are major vendors such as 24 Hour Fitness, a drive-through/sit down Starbucks and restaurants such as Wendy’s Chile Verde and Quizno’s amenities. AT&T has already located its largest telecommunications data center in the United States in a 290,000 square foot renovated building. These uses will provide retail amenities for the balance of The Exchange’s office and industrial population, as well as the surrounding community.
A key aspect to look for in your next multifamily investment property is a location in a city with growth. With approximately 16,400 residents, Hawaiian Gardens has a steady and stable population growth and the number of residents is estimated to increase by 6% in the next ten years. Located immediately off the 605 freeway, with over 200,000 AADT (Average Annual Daily Trips) trips per day in both directions, Hawaiian Gardens continues to be a popular way stop providing shopping, fine dining and accommodations. Hawaiian Gardens is geographically attractive to buyers and sellers of duplex, triplex, fourplex and multifamily investment properties. This attractiveness stems from those who are looking to benefit from the draw of existing commercial, hotel, and restaurant developments as well as the expanding casino and brand new bingo hall.
The city also enjoys being close to a variety of conveniences. The Los Angeles International Airport (LAX) is only 6 miles away. The closest hospital is the Centinela Hospital Medical Center only 3 miles away in Inglewood. There are many colleges near Hawthorne, the biggest being United Education Institute-Huntington Park Campus with 9,540 Full time enrolled students 9 miles away. El Camino Community College is only 3 miles away.
Hawthorne has many attractions, by virtue of its location, Hawthorne affords easy, quick access to all that Southern California offers; culture, sports, entertainment, mountains, and beaches. There are parks throughout the city with Picnic Tables, BBQ Grills, Tot Lot, Wading Pool, Basketball Courts, and Skateparks. The Betty Ainsworth Sports Center has basketball and racquetball leagues.
All of these features make Hawthorne a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and many renters. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.Also serving other Los Angeles County Cities.This information was gathered from www.cityofhawthorne.com, citydata.com, and wikipedia.Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Hawthorne.