14
Bedrooms
$1,950,000
FOR SALEHawthorne, CA
MLS# 26107675
Taylor Avakian
Listing Agent
Lyon Stahl Investment Real Estate, Inc.
DRE #: 02060040
(310) 425-9838Brokerage: Lyon Stahl Investment Real Estate, Inc.
Freddie Gershinson
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc.
DRE #: 02254744
Brokerage: Lyon Stahl Investment Real Estate, Inc.
14
Bedrooms
8
Bathrooms
5,244 sqft
Square Feet
1958
Year Built
0.2 acres
Lot Size
$372
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
N/A
Property Type
11853 Manor Dr | 7-Unit Multifamily, Hawthorne. 1958-built asset totaling 5,244 SF on an 8,762 SF lot in North Hawthorne, on the west side of Manor Dr just north of W 120th St, minutes from SpaceX's Hawthorne campus, LAX, and SoFi Stadium. The property features (5) 2BR/1BA units averaging 749 SF, (1) 1BR/1BA at 574 SF, and (1) 3BR/2BA at 900 SF, all upgraded with no known deferred maintenance. All seven units are occupied. In-place rents average $2,317, or 96.9% of the $2,392 market average, and a RUBS program recovers $13,527 annually against the master-metered utility load. Offered at $1,950,000 ($278,571/unit | $371.85/SF) with a 6.88% in-place cap rate, the real story is day-one yield: finished product, fully leased, with a 7.20% pro forma cap as rents reset to market at turnover under AB 1482.
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
Closed sales reported in 90250, nearest first, last 12 months. All recent sales in Hawthorne →
11853 Manor Drive
Contact Listing Agent