Michael Barron
Irvine Office
1400 Newport Center Dr.
Newport Beach, CA 92660
Phone: (714) 552-6817
Cell: (714) 552-6817
Email: mbarron@surterreproperties.com

Realty One Group

$2,100,000

11711 Gale Avenue Hawthorne, CA 90250

Beds: 0
Baths:
Sq Ft: 0
Type: Residential Income
MLS#: SB17072278
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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

The subject property is a 10 unit multi-family property located in the City of Hawthorne at 11711 Gale Avenue, approximately 1 block south of Imperial and 1 block east of Inglewood Avenue. It includes a diverse unit mix that consists of 1-Studio, 2-1BR/1BA and 7-2BR/1.5BA. Total building square footage is 7,706 sq ft and sits on a 9,027 sq ft lot. The property was built in 1972 and is a three story with an attractive layout. There is ample tuck under parking in addition to rear garages and there is also onsite laundry (leased machines). Additionally, the property is separately metered for gas and electricity and has one 100 gallon water heater. The walkways were resurfaced in 2006, the roof was replaced in 2006, and the plumbing is all copper. There is approximately 25%-30% upside from current rents for a new owner to take advantage of, at stabilized market rents the property can provide a 7% cash on cash return for the new owner. 11711 Gale Avenue is located in sought after NW Hawthorne allowing tenants easy access to the 405 freeway. Hawthorne is not subject to rent control., 1 East of Inglewood Ave and South of Imperial

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DescriptionInterior & Exterior Features

Interior Features Include:

No Information Available.

Exterior Features Include:

Acreage: 0.2000 Acres

Lot: Lot 6500-9999

Garage/Parking:
Parking Spaces 12.00

Garage Capacity: 12

Other Features Include:

Water: Public

Sewer: Unknown

Pool: None


Community Features Urban
Total Expenses 54828.00
Separate Gas Meters 11

This Listing is Presented By
SESTEBRI

Michael Barron

The Barron Group

Cell: (714) 552-6817

Work: (714) 552-6817

Email: mbarron@surterreproperties.com

 
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