Laurel Pointe Apartments

Location: Hawthorne, CA
Type: Multifamily
Price: $7,500,000

SMC has provided a $7,500,000 five-year fixed rate mortgage for the acquisition of Laurel Pointe Apartments, a 115 unit multifamily complex located in Hawthorne, CA. Built in 1973 and renovated in 2005, the Property consists of one three-story building situated on top of an underground parking garage. The Property is centrally located in the region, located only six miles from Los Angeles International Airport, two miles from SpaceX, five miles from the beach and three miles from the future site of the Los Angeles NFL stadium.