11936 Grevillea Ave, Hawthorne, CA 90250
11936 Grevillea Ave, Hawthorne, CA 90250
11936 Grevillea Ave, Hawthorne, CA 90250
14
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$2,125,000
Est. payment /mo
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12 Beds
9 Baths
5,971 SqFt
New

11936 Grevillea Ave Hawthorne, CA 90250

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,971 sqft

Price per Sqft $355

MLS Listing ID 26848245

Bedrooms 12

Year Built 1962

Annual Tax Amount $26,562

Lot Size 7,733 Sqft

Acres 0.1776

Property Sub-Type Multi-Family

Property Description

Seller Carry Financing Available: 5.0% interest-only financing available with 40% down (60% LTV) for up to 18 months. Highly Desirable Hawthorne Location: Located west of Hawthorne Boulevard, approximately 1.5 miles from Northrop Grumman and Intuit Dome, and 2 miles from SoFi Stadium. Renovated Units & Recent Capital Improvements: Six units have been renovated, and all units feature updated electrical subpanels. Property has also undergone recent capital improvements, including a newer roof (2021) with a 30-year warranty and a newer hot water heater (2022). Attractive Unit Mix: Comprised of (1) 3-bedroom/2-bathroom unit, (2) 2-bedroom/1-bathroom units, and (5) 1-bedroom/1-bathroom units. Strong Cash Flow & Rental Upside: Offering a 5.75% current cap rate and 11.23 GRM with upside to a 6.70% pro-forma cap rate and 10.08 GRM. No Local Rent Control: Property defaults to AB 1482. Building Amenities: On-site laundry facility provides additional annual income, and the property includes a total of seven parking spaces. Surrounded by Major Employment Centers: Convenient access to Northrop Grumman, SpaceX, Raytheon, Boeing, Tesla Design Center, Hollywood Park, Los Angeles Times, and LAX Airport, supporting strong long-term rental demand.

Location

State CA

County Los Angeles

Area North Hawthorne

Zoning HAR3YY

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Laundry Laundry Area, Room

Exterior

Parking Features Carport, Covered Parking

Garage Spaces 7.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Shield CRE, Inc.

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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11936 Grevillea Ave