11537 Birch Ave - Apartments FOR SALE


Hawthorne, CA 90250
$1,500,000 USD
310-780-1899
11537 Birch Ave, Hawthorne, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/27
null | 4.87% Cap Rate

11537 Birch Ave
Hawthorne, CA 90250


HIGHLIGHTS

  • 4 Unit Apartment Building in Hawthorne | 4,780 RSF on a 7,279 SF Lot
  • Unit Mix: (1) Detached 3-Bed/2-Bath Home, (1) 3-Bed/2-Bath, (1) Two-Story 1-Bed/1-Bath, (1) 1-Bed/1-Bath
  • Owner User Opportunity with a Two-Story 1-Bed/1-Bath Unit Currently Vacant
  • 4.87% CAP Rate | $375,000/Unit | $313.81/SF | 12.92 GRM
  • Pro Forma Market CAP of 5.42% Rental Upside | Market GRM of 11.79
  • Located just minutes from SoFi Stadium the centerpiece of the $5- billion Hollywood Park redevelopment and home to the Los Angeles Rams and Chargers

OVERVIEW

This 4-unit apartment building at 11537 Birch Ave presents a compelling investment opportunity in the growing Hawthorne rental market. Situated on a 7,279 SF lot with 4,780 rentable square feet, the property features a well-balanced unit mix, including (1) 3-Bed/2-Bath, (2) 1-Bed/1-Bath, and (1) detached 3-Bed/2-Bath home, creating an attractive option for both investors and owner-users. At current operations, the building produces a 4.87% CAP rate, priced at $375,000 per unit and $313.81 per square foot, with a 12.92 GRM. With market rents projected at $127,200 annually versus the current $116,090, investors can achieve a pro forma market CAP rate of 5.42% and a market GRM of 11.79. Unit D has been newly renovated from top to bottom. The unit features a brand-new modern kitchen with sleek cabinetry and quartz-style countertops. Complemented by new flooring throughout, reglazed bathrooms, and fresh interior paint. The result is a bright, contemporary living space that commands top-of-market rent and immediately impresses prospective tenants. With all the work already done, this turnkey unit provides an investor or owner-user with instant value and long-term durability. Additional features include (2) private two-car garages, providing immediate lease-up potential and flexibility for a new owner. Investors may also explore long-term upside through ADU development or potential SB9 lot split/additional units (buyer to verify). Centrally located in Hawthorne, the property benefits from proximity to major employment hubs and convenient freeway access, ensuring strong rental demand and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

4.87%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,275 SF

ZONING

HAR3YY

APN/PARCEL ID

4047-002-019

ASK ABOUT THIS PROPERTY

Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.