11413 Menlo Avenue, Hawthorne, CA 90250

About this property

This 5-unit apartment building is an opportunity for an investor to purchase a turnkey opportunity in the South Bay. Located west of Prairie Ave, in Northern Hawthorne, this property consists of (1) three-bed/two-bath and (4) two-bed/one-bath units. Property and units have been extensively upgraded and updated. This is an opportunity for an investor to own a property in a high demand rental market with tremendous growth potential. This turnkey opportunity has 21% rental upside potential. See Docs for additional information on upgrades and amenities made to the unit by the seller. There is attractive assumable financing available at 3.50% interest rate, contact agents for more information.

Listing description from the October 2022 sale, as reported to CRMLS.

Sale history

$1,770,000

Sold October 2022 · listed $1,800,000, on market September 2022 · MLS #22197675 · Source: CRMLS

Listing Agent: Nabil Awada · Listing Office: Matthews Real Estate Investment Services · Contact: 866-889-0550 · Bought with: David O'Keefe · Marcus & Millichap

$1,445,000

Sold April 2019 · listed $1,435,000, orig. $1,475,000, on market January 2019 · MLS #SB19006051 · Source: CRMLS

Listing Agent: Nico Rosmarin · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Ryan Rembert · Lyon Stahl Investment Real Estate, Inc.

$930,000

Sold October 2015 · listed $948,000, on market March 2015 · MLS #PW15055107 · Source: CRMLS

Listing Agent: Doug Rodermund · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: Judy Ragland · Keller Williams Realty

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