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Jim, Justin and Vickie, Sales Associate
SOLD
$1,350,000
Date 05/02/2023

11529 York Avenue
Hawthorne, CA 90250

Other
Residence
11
Beds
10
Baths
6,050
Sqft
0.1607
Lot Size
Listing Agent: John Katnik CalDRE: 02002695 - 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
Other, 2 Story
11
Los Angeles
10
1963
0.1607 Acres
2
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Transit Score

Listing Agent: John Katnik CalDRE: 02002695 - BRC Advisors- BH
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