CLOSED ESCROW

MULTIFAMILY

11893 TRURO AVENUE

HAWTHORNE, CA 90250

PRICE

PRICE/UNIT

PRICE/SF

CAP RATE

GRM

$1,462,000

$132,909

$208.71

6.11%

10.62

DEAL HIGHLIGHTS​

  • Multiple Offers

  • Sold at 98.5% of List Price

  • Great Unit Mix

  • Non Rent Control Asset

 

ASSET HIGHLIGHTS

  • Strong Hawthorne Location

  • Non-Rent Controlled

  • Close to the 405 Freeway and LAX

  • Diverse Unit Mix

  • On-Site Parking and Laundry

  • Rental Upside Potential

  • Good Cash Flow

THE ASSET

The Hirth Group is pleased to present an 11-unit multifamily property located at 11893 Truro Avenue in Hawthorne, California. Hawthorne is located in the South Bay which is adjacent to many beach communities.

 

Constructed in 1965, the non-rent controlled property has a strong unit mix of four singles, four one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, and one three-bedroom/two-bathroom unit. The property offers ample parking and leased laundry facilities.

 

Located in a strong Hawthorne location, the non-rent controlled asset offers and investor strong cash flow with rental upside potential.

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010