We are proud to present an investment opportunity to acquire a 10-unit property located at 11943 Grevillea Avenue in the city of Hawthorne, also dubbed the hub of the South Bay.
Located one block from Hawthorne Blvd., between W 120th and W 118th Streets, 11943 Grevillea Avenue is a three-story property built in 1984. Situated on a well-maintained 8,731 square foot lot, it offers 7,733 square feet of rentable space with a desirable unit mix: eight one-bedroom/one-bathroom and two two-bedroom/one-bathroom units. Residents benefit from exterior amenities such as gated entry, garages, tuck-under parking, a laundry facility, and individual porches, all set amidst low-maintenance mature landscaping. Unit interiors feature ceiling fans, carpet, tile, vertical blinds, wall air conditioning/heating, security screen doors, and fully-equipped bathrooms and kitchens with oven ranges.
Nestled within the dynamic South Bay region of Los Angeles County, the City of Hawthorne offers residents quick access to the best of Southern California living, from culture and entertainment to mountains and beaches. Hawthorne boasts a growing and resilient economy, bolstered by major employers in aerospace, technology, and manufacturing, attracting a strong and steady workforce. This robust economic base drives consistent demand for quality rental housing throughout the city, making 11943 Grevillea Avenue an excellent investment opportunity. Located centrally within Hawthorne, the property offers residents significant appeal due to its proximity to major transportation hubs like Los Angeles International Airport and convenient access to parks and nature centers. Renters will appreciate being within walking distance to everyday necessities such as Ralphs, CVS Pharmacy, 99¢ Only Store, El Torito, Little Caesars Pizza, and more. Furthermore, residents enjoy quick access to major attractions, including the beaches of Manhattan Beach just a five-mile drive away and SoFi Stadium only 3.5 miles away.
11943 Grevillea Avenue in Hawthorne is a stable income-producing asset in Los Angeles County, promising a strong return on investment. Whether you’re acquiring your first property, strategically growing your existing portfolio, or seeking a seamless transaction for a 1031 Exchange, this property offers exceptional stability and long-term value.