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Multifamily

11707 York Ave

11707 York Ave, Hawthorne, CA 90250

Listing Price: $1,795,000

Cap Rate
5.50%
Number of Units
5
GRM
10.40
Occupancy
100.0%
Price/Unit
$359,000
Price/Gross SF
$311.69
Gross SF
5,759

Investment Overview

Marcus & Millichap is pleased to present 11707 York Ave, a 5-unit investment property in Hawthorne, California. The property is located between W 116th and W 118th Streets just blocks from the 105 freeway. This area is a solid majority-renter market with low vacancy rates. 11707 York Ave consists of one 3 bedroom/2 bathroom, three 2 bedroom/1.5 bathroom, and one 2 bedroom/1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers covered parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Investment Highlights

  • Low Price per Square Foot
  • Great Income with Upside
  • LA County (Non-LA City Rent Control)
  • Large Units with Ample Parking

Exclusively Listed By

Financing By

Multifamily

11707 York Ave

Listing Price: $1,795,000

Cap Rate
5.50%
Number of Units
5
GRM
10.40
Occupancy
100.0%
Price/Unit
$359,000
Price/Gross SF
$311.69
Gross SF
5,759

Investment Highlights

  • Low Price per Square Foot
  • Great Income with Upside
  • LA County (Non-LA City Rent Control)
  • Large Units with Ample Parking

Investment Overview

Marcus & Millichap is pleased to present 11707 York Ave, a 5-unit investment property in Hawthorne, California. The property is located between W 116th and W 118th Streets just blocks from the 105 freeway. This area is a solid majority-renter market with low vacancy rates. 11707 York Ave consists of one 3 bedroom/2 bathroom, three 2 bedroom/1.5 bathroom, and one 2 bedroom/1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers covered parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Exclusively Listed By

Financing By

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