We are proud to present this 5-unit apartment in the South Bay city of Hawthorne! Consisting of 5 massive units just east of Hawthorne Blvd and south of Imperial Hwy, this property offers a unique opportunity to acquire the perfect property for a first-time investor or seasoned professional! The property has been in the same family for over 50 years, making this a rare value-add investment with true upside. The offering features a total of 5 apartment units consisting of 4,791 total building square feet on a 6,388 square foot lot. The unit mix comprises of three large 1-bedroom/1-bathroom (about 750-825 sq ft each), one 2-bedroom/1.5-bathroom unit (864 sq ft) and one 3-bedroom/2-bathroom owner’s unit (1,336 sq ft) with private washer/dryer and fireplace! Two upstairs units enjoy private balconies!In the back of the property, there are 5 single carport spaces along with ample street parking as the area consists of mainly single-family homes and smaller multifamily properties. Electricity and gas are individually metered for each unit keeping utility costs relatively low. There is a common area laundry room on-site for tenants to enjoy. Hawthorne does not have local rent control, making this property subject to AB-1482 allowing healthy rent increases for the future owner. The property is in a central location close to SpaceX, Tesla, SoFi Stadium and the Intuit Dome. The location also provides easy access to the 105 and 405 freeways. Do not miss your opportunity to own in this highly desirable South Bay city!
Property Details
Price:
$1,375,000
MLS #:
24444365
Status:
Active Under Contract
Baths:
0
Address:
11708 Birch Avenue
Type:
Residential Income
Neighborhood:
108northhawthorne
City:
Hawthorne
Listed Date:
Sep 24, 2024
State:
CA
ZIP:
90250
Lot Size:
6,388 sqft / 0.15 acres (approx)
Year Built:
1962
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Schools
Interior
Cooling
None
Fireplace Features
Living Room
Heating
Wall Furnace
Exterior
Parking Features
Detached Carport
Parking Spots
5.00
Stories Total
2
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address11708 Birch Avenue Hawthorne CA
- Area108 – North Hawthorne
- CityHawthorne
- CountyLos Angeles
- Zip Code90250
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Courtesy of BRC Advisors- BH. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
11708 Birch Avenue
Hawthorne, CA
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