11643 Acacia Avenue

    Hawthorne, CA 90250
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 15 days
    • ID#: 19515736
    Under Contract
    UPDATED: 61 min ago
    $1,100,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,290
      SQFT
    • $334
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    11643 Acacia Ave is a 4-unit apartment building located in the York neighborhood of north Hawthorne. This property presents the opportunity to own a building with nearly 50% upside in rental income. The 3,290 square foot building sits on a 6,999 square foot lot, and all four units are comprised of two bedrooms and one bathroom, with washer/dryer hookups. Each unit has one dedicated private garage with storage. With a walkscore of 80* and conveniently located a block east of Hawthorne Blvd, tenants can stroll to local retailers and restaurants including Ralphs Groceries, CVS, El Torito Mexican Restaurant, among others. Less than one mile from the 405 and 105 Freeways, tenants also benefit from close proximity to all that Los Angeles Metro has to offer. This is an opportunity for an investor to own a property in a high demand rental market with tremendous growth potential.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T15:37:39.337. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/99472114

    11643 Acacia Avenue Hawthorne, CA 90250

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 61 min ago
    • ID#: 19515736
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,290
    SQFT
    $334
    $/SQFT
    1959
    Built
    Neighborhood:
    108 - North Hawthorne
    County:
    Los Angeles
    Area:
    108 - North Hawthorne
    Property Description
    11643 Acacia Ave is a 4-unit apartment building located in the York neighborhood of north Hawthorne. This property presents the opportunity to own a building with nearly 50% upside in rental income. The 3,290 square foot building sits on a 6,999 square foot lot, and all four units are comprised of two bedrooms and one bathroom, with washer/dryer hookups. Each unit has one dedicated private garage with storage. With a walkscore of 80* and conveniently located a block east of Hawthorne Blvd, tenants can stroll to local retailers and restaurants including Ralphs Groceries, CVS, El Torito Mexican Restaurant, among others. Less than one mile from the 405 and 105 Freeways, tenants also benefit from close proximity to all that Los Angeles Metro has to offer. This is an opportunity for an investor to own a property in a high demand rental market with tremendous growth potential.
    Exterior Features

    Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 19.16 Gross Operating Income 55686.00 Improvements Amount 346186 Land Value 299583 Laundry YN No Net Operating Income 31864.00 Special Listing Conditions Standard Total Expenses 23822.00 Zoning Har3yy

    Listing provided courtesy of Daniel Shieh of Lyon Stahl Investment Real Est


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T15:37:39.337. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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