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$2,379,000
Est. payment /mo
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID CV25108428
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
We are proud to present an investment opportunity to acquire a 10-unit property located at 11943 Grevillea Avenue in the city of Hawthorne, also dubbed the hub of the South Bay. Located one block from Hawthorne Blvd., between W 120th and W 118th Streets, 11943 Grevillea Avenue is a three-story property built in 1984. Situated on a well-maintained 8,731 square foot lot, it offers 7,733 square feet of rentable space with a desirable unit mix: eight one-bedroom/one-bathroom and two two-bedroom/one-bathroom units. Residents benefit from exterior amenities such as gated entry, garages, tuck-under parking, a laundry facility, and individual porches, all set amidst low-maintenance mature landscaping. Unit interiors feature ceiling fans, carpet, tile, vertical blinds, wall air conditioning/heating, security screen doors, and fully-equipped bathrooms and kitchens with oven ranges. Nestled within the dynamic South Bay region of Los Angeles County, the City of Hawthorne offers residents quick access to the best of Southern California living, from culture and entertainment to mountains and beaches. Hawthorne boasts a growing and resilient economy, bolstered by major employers in aerospace, technology, and manufacturing, attracting a strong and steady workforce. This robust economic base drives consistent demand for quality rental housing throughout the city, making 11943 Grevillea Avenue an excellent investment opportunity. Located centrally within Hawthorne, the property offers residents significant appeal due to its proximity to major transportation hubs like Los Angeles Internationa
Location
State CA
County Los Angeles
Zoning Assessor
Direction Merge onto I-105 W, Use the right lane to take exit 5 for Crenshaw Blvd, Use the middle lane to turn left onto S Crenshaw Blvd,
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 4044020010
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Listed by Eric Chen CB RICHARD ELLIS
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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