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11520 Menlo Ave, Hawthorne
$5,400,000
19 Beds ⋅ 26 Baths ⋅ ACTIVE Status
We are pleased to present 11520 Menlo Avenue, a 25-unit multifamily investment opportunity located in the desirable South Bay rental market of Hawthorne, California. Built in 1972, the property consists of approximately 14,561 square feet of building area situated on a 13,162-square-foot lot. The property offers an attractive unit mix consisting of one (1) two-bedroom/two-bathroom unit, seventeen (17) one-bedroom/one-bathroom units, and seven (7) studio units. The property has benefited from substantial capital improvements in recent years, including a complete copper repipe (2019), replacement of all drain lines (2024), pitched roof replacements (2019), deck improvements (2023), and exterior painting (2024). These significant infrastructure upgrades represent meaningful investments in the property and may help minimize future capital expenditure requirements. Select units have also been renovated with updated kitchens and bathrooms, modern countertops, upgraded flooring, and refreshed finishes. Offered at $5,400,000, the property provides investors with an attractive 6.12% current capitalization rate and a projected 7.19% pro forma capitalization rate, offering immediate cash flow with additional rental upside. The property is subject to California's statewide rent stabilization regulations under AB 1482 rather than a more restrictive local rent control ordinance, providing investors with greater flexibility for future rental growth, subject to applicable laws. Strategically located in the heart of the South Bay's aerospace and technology employment corridor, 11520 Menlo Avenue offers convenient access to some of Southern California's most prominent employers. The property is situated near SpaceX's extensive Hawthorne operations, along with Amazon's Ring facilities and other technology and advanced manufacturing employers. Nearby El Segundo and Redondo Beach are home to major aerospace and defense companies, including Northrop Grumman, Boeing, RTX (formerly Raytheon), and The Aerospace Corporation. The property also benefits from proximity to Los Angeles International Airport (LAX), the I-105 and I-405 freeways, and the neighboring coastal communities of Manhattan Beach, Hermosa Beach, and Redondo Beach. This concentration of major employers, combined with convenient regional accessibility, supports the property's appeal to a broad tenant base and long-term rental demand. With its extensive capital improvements, favorable unit mix, attractive in-place returns, and additional income potential, 11520 Menlo Avenue presents an excellent opportunity to acquire a sizable multifamily investment in the South Bay.

11520 Menlo Ave, Hawthorne

Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang - CA DRE#01438644

12415 Cedar Ave, Hawthorne
$2,195,000
6 Beds ⋅ 8 Baths ⋅ ACTIVE Status
8-Unit Garden-Style Apartment in Highly Desirable Hawthorne Location - West of Prairie Avenue & South of 120th Street | 6 of the 8 Units Extensively Renovated with New Windows, Electrical, Plumbing & Modern Interior Finishes | Main Electrical Panel Upgraded with New Meters for Every Unit | Large 10,876-SF Corner Lot with Excellent ADU Potential (Buyer to Verify) | 6.08% Current Cap Rate & 11.30 Current GRM | 6.58% Pro-Forma Cap Rate & 10.65 Pro-Forma GRM | Unit H Currently Vacant & Undergoing Renovations - Unit B Will Be Delivered Vacant | Recently Painted Property with Tremendous Curb Appeal | Each Unit Features Front & Rear Entrances with Outdoor Space on Both Sides | Located Approximately 1 Mile to SpaceX & Tesla Design Center and 2 Miles to SoFi Stadium & Intuit Dome | Unit Mix of (6) 1-Bedroom/1-Bathroom Units & (2) Studio/1-Bathroom Units | (3) Freestanding 2-Car Garages Totaling 6 Garage Spaces - Potential to Convert Garages into ADUs (Buyer to Verify) | No Local Rent Control - Defaults to AB 1482 | On-Site Laundry Facility Also Used by Neighboring Property - Generating Additional Income* | Strong Neighboring Employment Centers: Northrop Grumman, Boeing, SpaceX & LAX Airport

12415 Cedar Ave, Hawthorne

Courtesy of Shield CRE, Inc., Jonathan Nikfarjam - CA DRE#01856803

4831 W 121st St, Hawthorne
$899,000
4 Beds ⋅ 2 Baths ⋅ ACTIVE Status
Welcome to this inviting 4-bedroom, 2-bath Hawthorne home offering approximately 1,473 square feet of comfortable living space on a generous 5,696 square foot lot. Thoughtfully maintained and filled with natural light, the home features a functional floor plan with flexible living spaces and plenty of opportunity to make it your own.The spacious lot provides room to enjoy outdoor entertaining, gardening, recreation, or explore possibilities for future expansion and customization. With four bedrooms and two baths, the home offers the versatility today's buyers are looking forwhether creating dedicated work-from-home space, guest accommodations, or simply enjoying additional room to spread out.Ideally situated in Hawthorne with convenient access to shopping, dining, parks, schools and major freeways, the property is also within easy reach of LAX, SoFi Stadium, Intuit Dome, South Bay beach communities, and the area's growing aerospace and technology employment centers. A wonderful opportunity to enjoy a well-cared-for home today while creating your own vision for the future.

4831 W 121st St, Hawthorne

Courtesy of Redfin, Michael Berlin - CA DRE#01299221

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).

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