$1,400,000
SOLD AUG 15, 2025

11726 Freeman Ave Unit A Hawthorne, CA 90250

6 Beds
4 Baths
4,564 Sq Ft
6,952 Sq Ft Lot

Recently Sold

$307 Per Sq Ft

1% Below List Price

2 Days on Market

About This Home

As of August 2025

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

Robert Stepp

Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #01456379 Listed on: 06/03/2025

Keller Williams Realty Downey

Last Buyer's Agent

Manny Archondo

Estate Properties License #01373926

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,953 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,564 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Listing and Financial Details

  • Tax Lot 215
  • Tax Tract Number 6021
  • Assessor Parcel Number 4047012011
  • $1,656 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,414
  • Fuel Expense $2,413
  • Gardener Expense $720
  • Insurance Expense $4,109
  • Maintenance Expense $3,500
  • Other Expense $1,500
  • Pest Control $420
  • Professional Management Expense $5,787
  • Trash Expense $2,414
  • Water Sewer Expense $2,414
  • New Taxes Expense $18,821
  • Operating Expense $46,012
  • Gross Income $115,748
  • Net Operating Income $69,737

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

6,953 Sq Ft Lot

Listing Details

  • CapRate: 4.91
  • Professional Management Expense: 5787.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2413.50
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 4047012011
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 306.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Pest Control Expense: 420.00
  • Sewer: Public Sewer
  • Trash Expense: 2413.50
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6953.00
  • Lot Size Acres: 0.1596

Multi Family

  • Electric Expense: 2413.50
  • Fuel Expense: 2413.00
  • Gross Income: 115748.00
  • Gross Multiplier: 11.90
  • Gross Scheduled Income: 119328.00
  • Insurance Expense: 4109.00
  • Lot Size Area: 6953.0000 Square Feet
  • Maintenance Expense: 3500.00
  • Net Operating Income: 69737.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 46012.00
  • Other Expense: 1500.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Expenses: 46012.00

Tax Info

  • New Taxes Expense: 18821.00
  • Tax Census Tract: 6021.04
  • Tax Lot: 215
  • Tax Tract Number: 6021
  • TaxOtherAnnualAssessmentAmount: 1656.00
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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
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
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25124073

California Regional Multiple Listing Service (CRMLS)
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