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11519 Cedar Avenue, Hawthorne, CA 90250

Property · 2 recorded sales since 2015

11519 Cedar Avenue, Hawthorne, CA 90250 Sold February 2022 CRMLS
$1,435,000Sold February 2022

Listing Agent: Kevin King (DRE #01158184) · Listing Office: Marcus & Millichap · Contact: 562-257-1200 · Bought with: Jonathan Weir · Marcus & Millichap · MLS #PW21126629 · Source: CRMLS

7,841 sqft
Lot Size
1958
Year Built
Property
Type
0
Garage

About this property

We are pleased to present 11519 Cedar Street, a 5-unit multi-family community located in the the great rental market of Hawthorne, CA. Located in the heart of the South Bay, the Property is just minutes from LAX, the new So? Stadium and entertainment complex, and the Pacific Ocean. The property was built in 1958 and is comprised of approximately 4,530 rentable square feet on a 7,658 square foot lot. The building has an outstanding unit mix, comprising of one 1 bedroom 1 bathroom unit, three 2 bedroom1 bathroom units, and one oversized 3 bedroom 2 bathroom owner’s unit. The property is separately metered for gas and electricity, features ample secured parking, and the tenants benefit from the property’s central location. In addition, the property has also been earthquake retrofitted. This is an outstanding opportunity to acquire a desirable multi-family asset with substantial upside in the city of Hawthorne and would be a great addition to any investors portfolio.

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

Sale history

$1,435,000
Sold February 2022 · listed $1,450,000, orig. $1,525,000, on market June 2021 · MLS #PW21126629 · Source: CRMLS
Listing Agent: Kevin King · Listing Office: Marcus & Millichap · Contact: 562-257-1200 · Bought with: Jonathan Weir · Marcus & Millichap
$869,950
Sold June 2015 · orig. $915,000, on market December 2014 · MLS #SB14257087 · Source: CRMLS
Listing Agent: Donald Massimo · Listing Office: Keystone Realty · Contact: 310-970-1000 · Bought with: Keith Thompson · Berkshire Hathaway HomeService
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