n/a Bed - n/a Bath - Hawthorne - Multi-Unit - Residential $409,000

Subject property is 4505 W. Imperial HWY in the Inglewood P.O. of Hawthorne, California. Fixer upper duplex on Imperial HWY in the city of Inglewood. Property needs lots of work but has remarkable potential for future commercial development. It is 2 units; however rent is collected from more tenants as owner divided to more units. There is also additional income from a billboard. Contract is up for the billboard, Market price is about $300/month and owner currently collects $150/month. Easement for this billboard can also be sold to a 3rd party for $20,000-$50,000. Los Angeles doesn' t allow new billboard to be put up, which mean this billboard is worth more. Owner financing available with decent down payment Also: property next door also for sale, 4511 Imperial Hwy. same owner buy 2 get a discounted price. Subject property is less than a mile from Los Angeles Airport (LAX), 405 freeway, and 105 freeway.