Hawthorne, CA 90250,11529 York Ave
Hawthorne, CA 90250,11529 York Ave
Hawthorne, CA 90250,11529 York Ave
9
$1,350,000
$1,400,000
3.6%
Est.Price: ?

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11 BD
10 BA
6,050 SqFt

11529 York Ave Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 05/02/2023

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Key Details

Sold Price $1,350,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 6,050 sqft

Price per Sqft $223

MLS Listing ID 23-251901

Sold Date 05/02/23

Bedrooms 11

Year Built 1963

Lot Size 7,000 Sqft

Acres 0.1607

Property Description

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.

Location

State CA

County Los Angeles

Area North Hawthorne

Zoning HAR3YY

Rooms

Other Rooms None

Interior

Heating Other

Cooling None

Equipment None

Exterior

Parking Features Carport

Garage Spaces 6.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by BRC Advisors- BH
Bought with BRC Advisors- BH

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Herman Singh

Broker

+1(310) 625-6175

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