7119 Kittyhawk AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90045
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25140394
HOA Y/N No
Year Built 1949
Lot Size 6,873 Sqft
Lot Dimensions Assessor
Property Sub-Type Mixed Use
Property Description
7119 Kittyhawk Ave is a well maintained 5-Unit situated in the residential neighborhood of Westchester. The property boasts (2) 2-bed/1-bath units and (3) 1-Bed/1-Bath Units with a detached 5-Car Garage on the premises that offers back alley access.
The building consists of 4,174 RSF of living space priced at $359/SF and only $299,800 per unit. There is potential for 31% rental upside with the current cap rate of 4.49% and a market cap rate of 6.72%.
The property is in a desirable position with close proximity to LAX, Howard Hughes Shopping Center, Playa Del Rey Beach, and the Loyola Marymount University Campus.
With its great location, sizeable living space, and potential upside, 7119 Kittyhawk Ave is an excellent investment opportunity for any Los Angeles CRE Investor or exchange buyer.
Location
State CA
County Los Angeles
Area C29 - Westchester
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Biking
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4103009019
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard