Multifamily

11950 Acacia Ave

11950 Acacia Ave, Hawthorne, CA 90250

Listing Price: $1,500,000

Cap Rate
4.53%
Number of Units
5
Price/Unit
$300,000
Price/Gross SF
$315.26
Gross SF
4,758

Investment Overview

Marcus & Millichap is pleased to present to market 11950 Acacia Avenue, a partially remodeled five-unit apartment building in Hawthorne, California. The building is a 1962 construction with a desirably diverse mix of one three-bedroom unit, two two-bedroom units, one one-bedroom unit, and one studio. The units are separately metered for gas and electricity, and the property also offers on-site laundry and six carport parking spaces with storage. 11950 Acacia Avenue is well-located in Hawthorne near the intersection of Hawthorne Boulevard and 120th Street, one block south of St. Joseph’s Catholic School, and a short five-minute walk from a grocery store (Ralphs), CVS, numerous dining options that include El Torito, Subway, Little Caesars and more. The property is proximate to the 105 and 405 Freeways, offering convenient access to nearby major employers such as LAX, SpaceX, and more.

Investment Highlights

  • Partially Remodeled Five-Unit Apartment Building With 21 Percent Rental Upside
  • Desirably Diverse Mix of Studio, One-, Two-, and Three-Bedroom Units
  • Property Offers Shared Laundry and Six Carport Parking Spaces With Storage
  • Conveniently Near Retail | Short Five-Minute Walk to a Ralphs, CVS, El Torito, and Numerous Other Dining and Retail Options

Exclusively Listed By

Listing Price: $1,500,000

Cap Rate
4.53%
Number of Units
5
Price/Unit
$300,000
Price/Gross SF
$315.26
Gross SF
4,758

Investment Highlights

  • Partially Remodeled Five-Unit Apartment Building With 21 Percent Rental Upside
  • Desirably Diverse Mix of Studio, One-, Two-, and Three-Bedroom Units
  • Property Offers Shared Laundry and Six Carport Parking Spaces With Storage
  • Conveniently Near Retail | Short Five-Minute Walk to a Ralphs, CVS, El Torito, and Numerous Other Dining and Retail Options

Investment Overview

Marcus & Millichap is pleased to present to market 11950 Acacia Avenue, a partially remodeled five-unit apartment building in Hawthorne, California. The building is a 1962 construction with a desirably diverse mix of one three-bedroom unit, two two-bedroom units, one one-bedroom unit, and one studio. The units are separately metered for gas and electricity, and the property also offers on-site laundry and six carport parking spaces with storage. 11950 Acacia Avenue is well-located in Hawthorne near the intersection of Hawthorne Boulevard and 120th Street, one block south of St. Joseph’s Catholic School, and a short five-minute walk from a grocery store (Ralphs), CVS, numerous dining options that include El Torito, Subway, Little Caesars and more. The property is proximate to the 105 and 405 Freeways, offering convenient access to nearby major employers such as LAX, SpaceX, and more.

Exclusively Listed By

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