Listing Agent:      Broker/Office:
11537 Birch Ave Hawthorne CA 90250
$ 1,500,000
  8   |    6   |    4780 Sq Feet

Listing ID

#SB25254299

Status

Active

Property Type

Quadruplex

County

Los Angeles

Year Built

1960

Days on website

2

Description
This 4-unit apartment building at 11537 Birch Ave presents a compelling investment opportunity in the growing Hawthorne rental market. Situated on a 7,279 SF lot with 4,780 rentable square feet, the property features a well-balanced unit mix, including (1) 3-Bed/2-Bath, (2) 1-Bed/1-Bath, and (1) detached 3-Bed/2-Bath home, creating an attractive option for both investors and owner-users.

At current operations, the building produces a 4.87% CAP rate, priced at $375,000 per unit and $313.81 per square foot, with a 12.92 GRM. With market rents projected at $127,200 annually versus the current $116,090, investors can achieve a pro forma market CAP rate of 5.42% and a market GRM of 11.79.

Unit D has been newly renovated from top to bottom. The unit features a brand-new modern kitchen with sleek cabinetry and quartz-style countertops. Complemented by new flooring throughout, reglazed bathrooms, and fresh interior paint. The result is a bright, contemporary living space that commands top-of-market rent and immediately impresses prospective tenants. With all the work already done, this turnkey unit provides an investor or owner-user with instant value and long-term durability.

Additional features include (2) private two-car garages and immediate lease-up potential and flexibility for a new owner. Investors may also explore long-term upside through ADU development or potential SB9 lot split/additional units (buyer to verify).

Centrally located in Hawthorne, the property benefits from proximity to major employment hubs and convenient freeway access, ensuring strong rental demand and long-term appreciation potential.
Location
Financial Information
List Price:  $ 1500000
Property Features
Community Features:  Biking
High School District:  Hawthorne
Levels:  Two
Senior Community YN:  false
Structure Type:  Quadruplex
View:  Neighborhood
Water Source:  Public
High School District:  Hawthorne
Senior Community YN:  false
MLS Area Major:  108 - North Hawthorne
City:  Hawthorne