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11841 Gale Avenue, Hawthorne, CA

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11841 Gale Avenue

Hawthorne, CA 90250-2868 - North Hawthorne MF Submarket

Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:1947
Stories:2 Building Size:2,613 SF Land Area:.13 AC (5,798 SF)
For Sale Price:$850,000 Price/Unit:$141,666.67 Cap Rate:4.80 % GRM:12.88

Parking:1.91 Parking Spaces / 1,000 SF

Sale Notes:
6 unit turnkey pride of ownership asset in highly desirable Northwest quadrant of non-rent controlled city of Hawthorne - West of Hawthorne Blvd. Units separately metered for gas and electricity. Building well maintained and professionally managed. Tenants enjoy onsite covered parking, laundry room, and quick access to public transportation and 405 and 110 freeways. Eucalyptus Park and Eucalyptus Elementary School only 2-3 blocks away. Perfect 1031 replacement property with limited inventory in South Bay. Operated as 6 units with four 1 bedroom 1 bath units and two studios. Tax assessor data reflects subject property as 5 units. Buyer to verify.

South Bay Gem in Best part of Hawthorne
Immediate Upside in Rents with No Rent Control
Units Separately Metered for Gas & Electricity
Onsite Covered Parking and Laundry Room
Pride of Ownership Asset - Well Maintained and Professionally Managed Perfect 1031 Replacement Property with Limited Inventory in South Bay

RE/MAX Commercial & Investment Realty
Daron Case
(310) 770-4936

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