Presenting “Azure Heights”, an investment gem in the “Hub of the South Bay”. This 1986 built fully gated 15-unit multifamily property has undergone significant capital improvements within the last year, including a roof replacement, fire alarm panel replacement, and electrical main & sub panel replacements. The professionally managed property consists of one large townhouse-style 3bed 1.5 bath unit, fourteen 1bed 1 bath units, a common area laundry room, and 24 covered carport parking spaces. There is ample upside to income growth, especially within the high-demand Hawthorne rental market, making it an ideal fit for investors.
The income description goes here to explain
| List Price | $3,450,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1986 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 4041019045 |
| MLS # | SB26042957 |
| Property ID | 294286044 |
| Lot Sqft | 12,704 |
| Zoning | HAR3YY |
| Total Units | 15 |
| Days on Market | 145 |
| Original List Price | $3,800,000 |
| Date Updated | July 02, 2026 |
| Date Created | February 16, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $292,980 | $0 |
| Net Income (Yr) | $ 204,003 |
| Cap Rate | 5.91% |
Mariko Artis an agent of Takeshi Kida. Lic #02062257
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Robert Crawford
REAL ESTATE AGENT