11966 Oxford Avenue
Hawthorne, CA 90250
- – beds
- – baths
- – sqft
- 8,741 sqft lot
- 1962 build
- – on site
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We are pleased to exclusively offer for sale this meticulously maintained 7 unit multi-family property in the city of Hawthorne. This investment property features a comprehensive array of layouts including one 3-Bedroom/2-Bath, four 2-Bedroom/1-Bath, and two 1-Bedroom/1-Bath units, spread across a well-utilized 8,741 square foot lot, with a total of 6,314 square feet of rental space. Each unit is separately metered for electricity and gas, enhancing cost efficiency and ease of management. Tenants benefit from the convenience of onsite car-port parking and a communal laundry facility. Significant updates have been made to the infrastructure, including updated copper plumbing and a new sewer line, ensuring reduced maintenance concerns for the new owner. Located in a community with strong rental demand, this property not only offers stable cash flow but also boasts a 40% potential upside in rental income, as all units are due for their annual rent increase that a new investor can implement immediately. Additionally, attractive Private Seller Financing is available with the following terms: 25% down payment, 6.5% interest-only payments, due and payable in 7 years. Located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, this property is ideally situated to attract and retain high-quality tenants who appreciate the blend of residential comfort and accessibility to major attractions and transportation hubs. Overall this is an outstanding investment opportunity for both seasoned and new investors seeking to maximize returns and long-term capital growth.
Last checked:
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Last updated Sep 19, 2024
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MLS# CV24173175 —
The Building
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Year Built:1962
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:6314.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:7
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Stories Total:2
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# of Separate Gas Meters:7
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# of Separate Water Meters:1
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# of Separate Electric Meters:7
Interior
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Levels:Two
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Entry Location:1
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Laundry:Community, Inside
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Laundry:1
Location
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Directions:East of I-405, South of I-105; Near the Intersection of W 120th St & Oxford Ave
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Latitude:33.92437800
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Longitude:-118.34575100
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:HAR3YY
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Lot Features:6-10 Units/Acre, Lot 6500-9999
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Lot Size Area:8741.0000
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Lot Size Acres:0.2007
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Lot Size SqFt:8741.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:A
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Tax Census Tract:6021.04
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Tax Tract:3044
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Tax Lot:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4047023004
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Curbs, Gutters, Sidewalks
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Pool:None
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Private Pool:No
Parking
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Parking Spaces:7.00
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Carport Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/19/24
Sep 19, 2024
|
Sold | CRMLS_CA | $1,887,000 | -0.4% |
|
9/9/24
Sep 9, 2024
|
Pending | CRMLS_CA | $1,895,000 | |
|
8/30/24
Aug 30, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,895,000 |
