Hawthorne, CA 90250 11708 Birch Avenue
$1,375,000
12 more
Presented By: John Katnik with BRC Advisors- BH;
Home Details
We are proud to present this 5-unit apartment in the South Bay city of Hawthorne! Consisting of 5 massive units just east of Hawthorne Blvd and south of Imperial Hwy, this property offers a unique opportunity to acquire the perfect property for a first-time investor or seasoned professional! The property has been in the same family for over 50 years, making this a rare value-add investment with true upside. The offering features a total of 5 apartment units consisting of 4,791 total building square feet on a 6,388 square foot lot. The unit mix comprises of three large 1-bedroom/1-bathroom (about 750-825 sq ft each), one 2-bedroom/1.5-bathroom unit (864 sq ft) and one 3-bedroom/2-bathroom owner's unit (1,336 sq ft) with private washer/dryer and fireplace! Two upstairs units enjoy private balconies!In the back of the property, there are 5 single carport spaces along with ample street parking as the area consists of mainly single-family homes and smaller multifamily properties. Electricity and gas are individually metered for each unit keeping utility costs relatively low. There is a common area laundry room on-site for tenants to enjoy. Hawthorne does not have local rent control, making this property subject to AB-1482 allowing healthy rent increases for the future owner. The property is in a central location close to SpaceX, Tesla, SoFi Stadium and the Intuit Dome. The location also provides easy access to the 105 and 405 freeways. Do not miss your opportunity to own in this highly desirable South Bay city!
Presented By: John Katnik with BRC Advisors- BH;
Interior Features for 11708 Birch Avenue
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths7
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
General for 11708 Birch Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.49
Carport Spaces5.0
Carport Y/NYes
CityHawthorne
CoolingNone
CountyLos Angeles
Days on Market6
DirectionsEast of Hawthorne Blvd and South of Imperial Hwy
Electric On Property Y/NNo
Facing DirectionWest
Full Baths
Garage Y/NNo
Gross Income104965.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6388.0
Lot Size UnitsSquareFeet
MLS Area108 - North Hawthorne
MobileHomeRemainsYNNo
Net Operating Income61679.0
New ConstructionNo
NumberOfUnitsTotal5
PossessionCloseOfEscrow
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tenant PaysElectricity, Gas
View Y/NNo
Waterfront Y/NNo
Year Built1962
Year Built SourceAssessor
ZoningHAR3YY
Exterior for 11708 Birch Avenue
Building Area Total4791.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1466
Lot Size Area6388.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDetachedCarport
SpaNo
Total Parking5.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480