Bedrooms
0
Bathrooms
0
Square Feet
0
Status
Active
Hawthorne
11966 Oxford Avenue
About This Property
This 7-unit multifamily property located in Hawthorne presents a compelling value-add investment opportunity in a supply-constrained South Bay rental market. Built in 1962 and encompassing 6,314 square feet of rentable space on an 8,741 square foot lot, the asset features a well-balanced unit mix of (2) one-bedroom/one-bath units, (4) twobedroom/one-bath units, and (1) three-bedroom/two-bath unit. The property benefits from 7 covered carport parking spaces and an on-site laundry facility that generates additional income. Significant infrastructure improvements have already been completed, including updated copper plumbing, newer sewer line, and upgraded electrical panels, reducing near-term capital exposure and providing a strong foundation for future renovation efforts. With approximately 44% rental upside, the asset offers investors the ability to enhance cash flow through interior upgrades and strategic lease repositioning. This is an attractive opportunity to acquire a well-located multifamily asset with existing operational stability and substantial upside potential through value-add execution.
Neighborhood
This property is located in Hawthorne. Want to learn more about the area?
Explore CommunitiesListing courtesy of Morgan Skenderian
Listing data from CRMLS. Deemed reliable but not guaranteed.
Asking Price
$1,895,000
Listing Agent
Rick Applebaum
Morgan Skenderian
