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Sold for $1,770,000 · Oct 2022

SOLD

Listed at $1,800,000

Sold

11413 Menlo Avenue, Hawthorne, CA 90250

Hawthorne, CA

MLS# 22197675

5,188 Sq Ft • Property11bd • 6ba
11 days on market

Listing Agent

Nabil Awada

Listing Agent

Matthews Real Estate Investment Services

DRE #: 02046840

Brokerage: Matthews Real Estate Investment Services

Property Details

11

Bedrooms

6

Bathrooms

5,188 sqft

Square Feet

1963

Year Built

6,953 sqft

Lot Size

$341

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

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 for 11413 Menlo Avenue

3 recorded sales

$1,770,000
Sold October 2022 · listed $1,800,000, on market September 2022, 11 days on market · 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, 55 days on market · 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, 166 days on market · MLS #PW15055107 · Source: CRMLS
Listing Agent: Doug Rodermund · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: Judy Ragland · Keller Williams Realty

How this sale compares

11413 Menlo Avenue sold for $1,770,000 in October 2022, 1.7% under its $1,800,000 list price, after 11 days on the market. That works out to $341 per square foot on 5,188 square feet. Across 155 closed sales in 90250 over the last 12 months, the median sold price is $960,000 and the median is $688 per square foot, 102% above this sale's $341.

$341
This sale, per sq ft
$688
90250 median per sq ft (12 mo)
$960,000
90250 median sold price (12 mo)
155
Closed sales in 90250 (12 mo)
11
Days on market
−1.7%
Sold vs. list price
QuarterClosed sales in 90250Median sold price
Q1 202612$805,000
Q2 202664$1,108,500
Q3 202660$902,005
Q4 202619$859,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Hawthorne · Homes for sale in 90250

Recent sales near 11413 Menlo Avenue

Closed sales reported in 90250, nearest first, last 12 months. All recent sales in Hawthorne →

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