Seller's Agent in 2025
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
2 in this area
74 Total Sales
11726 Freeman Avenue is a well-located 5-unit multifamily property in Hawthorne, California, offering investors an attractive value-add opportunity with over 20% potential upside in rents. Priced at a 11.90 GRM on current income, this asset provides a solid entry point into a high- demand rental market with strong fundamentals. The unit mix includes (1) 3BD/1.75BA, (3) 2BD/ 1BA, and (1) 1BD/1BA. The property offers on- site parking at a 1:1 ratio, ensuring convenience for all residents. Located in the heart of Hawthorne, the property benefits from proximity to major employment hubs such as Ring (an Amazon company), The Aerospace Corporation, and BAE Systems. The asset is just minutes from the 105 and 405 freeways, providing easy access to LAX, El Segundo, Silicon Beach, and Downtown Los Angeles, making it an ideal location for commuters and professionals. 11726 Freeman Avenue presents an excellent opportunity for investors to acquire a well- located asset with rental upside in a market supported by strong job growth and increasing tenant demand.
Last Agent to Sell the Property
Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #01456379 Listed on: 06/03/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $1,400,000 | -1.4% | $307 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $1,420,000 | -- | $311 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,015 | $1,127,100 | $714,000 | $413,100 |
| 2024 | $15,015 | $1,105,000 | $700,000 | $405,000 |
| 2023 | $5,674 | $339,254 | $156,533 | $182,721 |
| 2022 | $5,725 | $332,603 | $153,464 | $179,139 |
| 2021 | $5,651 | $326,082 | $150,455 | $175,627 |
| 2019 | $5,485 | $316,413 | $145,994 | $170,419 |
| 2018 | $5,205 | $310,210 | $143,132 | $167,078 |
| 2016 | $4,903 | $298,166 | $137,575 | $160,591 |
| 2015 | $4,805 | $293,688 | $135,509 | $158,179 |
| 2014 | $4,806 | $287,936 | $132,855 | $155,081 |
Seller's Agent in 2025
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
2 in this area
74 Total Sales
Buyer's Agent in 2025
Manny Archondo
RE/MAX
(310) 344-9739
1 in this area
35 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25124073