11966 Oxford Ave - Apartments FOR SALE


Hawthorne, CA 90250
$1,895,000 USD
949-500-5099
11966 Oxford Ave, Hawthorne, CA for Sale
$1,895,000 USD
Apartments - FOR SALE
1/8
null | 4.34% Cap Rate

11966 Oxford Ave
Hawthorne, CA 90250


HIGHLIGHTS

  • Strong Unit Mix Consisting of One, Two and Three Bedroom Units
  • New Electrical Panels
  • Updated Copper Plumbing and Newer Sewer Line
  • Projected 44% in Rental Upside; 8.5% Cash-On-Cash Return on Market Rents
  • High Demand Rental Location for Affordable Units

OVERVIEW

This 7-unit multifamily property located in Hawthorne presents a compelling value-add investment opportunity in a supply-constrained South Bay rental market. Built in 1962 and encompassing 6,314 square feet of rentable space on an 8,741 square foot lot, the asset features a well-balanced unit mix of (2) one-bedroom/one-bath units, (4) two bedroom/one-bath units, and (1) three-bedroom/two-bath unit. The property benefits from 7 covered carport parking spaces and an on-site laundry facility that generates additional income. Significant infrastructure improvements have already been completed, including updated copper plumbing, newer sewer line, and upgraded electrical panels, reducing near-term capital exposure and providing a strong foundation for future renovation efforts. With approximately 44% rental upside, the asset offers investors the ability to enhance cash flow through interior upgrades and strategic lease repositioning. This is an attractive opportunity to acquire a well-located multifamily asset with existing operational stability and substantial upside potential through value-add execution.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$171 USD /SF

# OF UNITS

7

PRICE/UNIT

$270,714

CAP RATE

4.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,741 SF

ZONING

HAR3YY

APN/PARCEL ID

4047-023-004

ASK ABOUT THIS PROPERTY

Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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