Sold
11529 York Avenue
Hawthorne CA, 90250
$1,350,000
$223.14 per sqft
Sold
11 Beds
10 Baths
6,050 sqft
Residential
Built in 1963
Listed by John Katnik with BRC Advisors- BH
We are pleased to present this 5 unit apartment community located in the heart of Hawthorne. The offering consists of great unit mix of 2 bedroom and 3 bedroom units. In total, the buildings sit on a 7,000 sq ft lot and feature 6 parking spaces and on-site laundry. Offered at $231/sq ft, this opportunity allows an astute investor to add value to the property as tenants turnover. The property has strong day 1 income operating at a 5.03 % Cap Rate & 12.83 GRM. There is rental upside potential to a 7.72% Pro-Forma Cap Rate & 9.33 Pro-Forma GRM. The property is in close proximity to SoFi and LAX making it extremely attractive for renters.
23251901
MLSⓇ ID
March 17, 2023
Listed
March 23, 2024
Updated
Map
11529 York Avenue
Hawthorne CA, 90250
Interior Features
Total Stories
2
Bedrooms
11 Beds
Bathrooms
10 Baths
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
108 - North Hawthorne
Days on Market
3
Garage
No
Parking
Carport
Parking Total
6
View
No
County
Los Angeles
Pool
No
Zoning
HAR3YY
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
5/18/2023 | Sold | $1,350,000 |
5/2/2023 | Price Change | $1,350,000 -4% |
5/2/2023 | Unknown | — |
Listing Contact:
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:21 AM UTC