11413 Menlo Avenue, Hawthorne, 90250

Residential Income For Sale

$1,435,000

Beds
Baths
5,188Sqft
.16Acres
10Garages
1963Built
55DOM
MLS® #: SB19006051
Closed, 55 Days on Market

Just reduced by $40,000! This 5,188 square foot structure was built in 1963 and is situated on a large 6,952 square foot parcel of land. The property boasts a terrific unit mix consisting of (1) 3-bed/2-bath and (4) 2-bed/1-bath spacious units. Four of the five units have been fully renovated with high-end finishes. By renovating the fifth unit and increasing the rents to market the property can operate at a Pro Forma CAP Rate of 5.89% and a Pro Forma GRM of 11.99. This turn-key asset is centrally-located near Space-X, the 105 & 405 Freeway and Hollywood Park Redevelopment making it a great investment opportunity in a rapidly appreciating market!

Price & Status History

Date Details
Status Changed from Pending to Closed
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract
Price Reduced from $1,475,000 to $1,435,000
Status Changed from Active Under Contract to Active
Show More (1)

Essential Information

MLS® #: SB19006051
Price: $1,435,000
Square Footage: 5,188
Acres: 0.16
Year Built: 1963
Type: Residential Income
Status: Closed

Community Information

Address: 11413 Menlo Avenue
City: Hawthorne
County: Los Angeles
State: CA
Zip Code: 90250

Amenities

Parking Spaces: 10
# of Garages: 10

Exterior

Lot Description: 2-5 Units/Acre

Additional Information

Date Listed: January 8th, 2019
Days on Market: 55
Zoning: HAR3YY

Listing Details

Listing Agent: Nico Rosmarin(02023847)
Listing Office: Lyon Stahl Investment Real Estate, Inc.

Financials

$/SqFt: $277

Welcome to this 0 bedroom 0 bath Residential Income in the North Hawthorne (108) section of Hawthorne located at 11413 Menlo Avenue built in 1963. It is 0 square feet and the current asking price is $ 1,435,000.

Properties for Sale Similar to 11413 Menlo Avenue, Hawthorne, CA

Based on information from California Regional Multiple Listing Service, Inc. as of October 21st, 2019 at 1:52am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.