NOT LISTED FOR SALE

11413 Menlo Ave Hawthorne, CA 90250

11 Beds
6 Baths
5,188 Sq Ft
6,953 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $1,770,000 $341 Per Sq Ft

11 Days on Market

About This Home

As of October 2022

This 5-unit apartment building is an opportunity for an investor to purchase a turnkey opportunity in the South Bay. Located west of Prairie Ave, in Northern Hawthorne, this property consists of (1) three-bed/two-bath and (4) two-bed/one-bath units. Property and units have been extensively upgraded and updated. This is an opportunity for an investor to own a property in a high demand rental market with tremendous growth potential. This turnkey opportunity has 21% rental upside potential. See Docs for additional information on upgrades and amenities made to the unit by the seller. There is attractive assumable financing available at 3.50% interest rate, contact agents for more information.

Last Agent to Sell the Property

Nabil Awada

Matthews Real Estate Investment Services License #02046840 Listed on: 09/08/2022

Last Buyer's Agent

David O'Keefe

Marcus & Millichap License #01928739

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,953 Sq Ft Lot

Interior Spaces

  • 5,188 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Carport
  • Assigned Parking

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4047-005-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Drive-By Only, Contact Agent for More Information, Make Offer Subject to Interior Inspection
  • Living Area: 5188
  • Lot Acreage: 0.1596
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven, Refrigerator, Garbage Disposal, Dishwasher, Dryer, Washer, Ceiling Fan
  • Price Per S Q F T: 346.95

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Attached, Assigned

Lot Info

  • Assessed Improvement Percent: 58.48
  • Assessed Improvement Value: 870829
  • Assessed Land Percent: 41.52
  • Assessed Land Value: 618340
  • Total Assessed Value: 1489169
  • Assessor Parcel Number: 4047-005-014
  • Lot Size Area: 6953

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 14.49
  • Number Of Units: 5
  • Type Of Units: Standard

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $1,770,000 -1.7% $341 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $1,800,000 +24.6% $347 / Sq Ft
04/29/2019 04/29/19 Sold $1,445,000 +0.7% $279 / Sq Ft View Prior Sale
03/04/2019 03/04/19 Pending -- -- --
02/11/2019 02/11/19 Price Changed $1,435,000 -2.7% $277 / Sq Ft
01/08/2019 01/08/19 For Sale $1,475,000 +58.6% $284 / Sq Ft
10/12/2015 10/12/15 Sold $930,000 -1.9% $179 / Sq Ft View Prior Sale
08/28/2015 08/28/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $948,000 -- $183 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nabil Awada

    Seller's Agent in 2022

    Nabil Awada

    Matthews Real Estate Investment Services

    (310) 469-2974

    6 in this area

    38 Total Sales

    Nabil Awada
    Section Image

  • D

    Buyer's Agent in 2022

    David O'Keefe

    Marcus & Millichap

    (562) 257-1200

    2 in this area

    47 Total Sales

    David O'Keefe
    Section Image
  • Nico Rosmarin

    Seller's Agent in 2019

    Nico Rosmarin

    Lyon Stahl Investment Real Estate, Inc.

    (310) 425-9838

    17 Total Sales

    Nico Rosmarin
    Section Image
  • Chris van Vuuren

    Seller Co-Listing Agent in 2019

    Chris van Vuuren

    Lyon Stahl Investment Real Estate, Inc.

    (714) 655-0098

    22 Total Sales

    Chris van Vuuren
    Section Image

  • R

    Buyer's Agent in 2019

    Ryan Rembert

    Lyon Stahl Investment Real Estate, Inc.

  • Doug Rodermund

    Seller's Agent in 2015

    Doug Rodermund

    Morgan Skenderian

    (949) 295-8560

    34 Total Sales

    Doug Rodermund
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-197675

The MLS
California Los Angeles County Hawthorne 90250

11413 Menlo Ave, Hawthorne, CA

Not Listed for Sale

MultiFamily

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