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Listed by Rick Applebaum, DRE #01273871 • Morgan Skenderian
$ 1,895,000
Est. payment /mo
Active
11966 Oxford AVE Hawthorne, CA 90250
8,741 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26118308
Year Built 1962
Lot Size 8,741 Sqft
Source California Regional MLS
Property Description
This 7-unit multifamily property located in Hawthorne presents a compelling value-add investment opportunity in a supply-constrained South Bay rental market. Built in 1962 and encompassing 6,314 square feet of rentable space on an 8,741 square foot lot, the asset features a well-balanced unit mix of (2) one-bedroom/one-bath units, (4) twobedroom/one-bath units, and (1) three-bedroom/two-bath unit. The property benefits from 7 covered carport parking spaces and an on-site laundry facility that generates additional income. Significant infrastructure improvements have already been completed, including updated copper plumbing, newer sewer line, and upgraded electrical panels, reducing near-term capital exposure and providing a strong foundation for future renovation efforts. With approximately 44% rental upside, the asset offers investors the ability to enhance cash flow through interior upgrades and strategic lease repositioning. This is an attractive opportunity to acquire a well-located multifamily asset with existing operational stability and substantial upside potential through value-add execution.
Location
State CA
County Los Angeles
Area 107 - Holly Glen/Del Aire
Interior
Laundry Community Facility
Exterior
Garage Spaces 7.0
Pool None
Building
Water District - Public
Others
Tax ID 4047023004
Special Listing Condition Not Applicable
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