11426 Gale, Hawthorne, CA 90250

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
SB26117270
Year Built
1957
Lot Size
8,225
Acres
0.19
Lot Location
0-1 Unit/Acre
Days on Market
58
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Excellent opportunity to acquire a 7-unit residential investment property in Hawthorne featuring a desirable unit mix of six (6) one-bedroom units and one (1) spacious four-bedroom unit located at the rear of the property. The property has benefited from various upgrades and improvements over the years while still offering potential for a new owner to further enhance and add value. Most recently, Unit D was remodeled with new flooring, fresh paint, new cabinetry with stone countertops, and new windows. The property generates approximately $12,555 per month in gross rental income when fully occupied and includes an on-site laundry room with owner-owned laundry equipment, providing an additional income stream and tenant amenity. Parking is a valuable feature, with a total of 12 on-site spaces consisting of six covered carport spaces and six uncovered tandem spaces for residents. Conveniently located near major transportation corridors, employment centers, shopping, dining, and other local amenities, this property presents an attractive opportunity for investors seeking current income with future upside potential. Investors may also wish to explore the possibility of future ADU development or other value-add opportunities, subject to their own investigation and verification.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$150,660

Listing courtesy of Listing Agent: Joseph Geonetta (joe@wemanageproperty.com) from Listing Office: R.E.M.S. Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.