11921 Manor Dr, Hawthorne, CA 90250

11921 Manor Dr, Hawthorne, CA 90250

Hawthorne, CA
$1,695,000

Property Description

11921 Manor Dr in Hawthorne is an excellent investment opportunity for a local investor and/or 1031 exchange client. The subject property boasts a very attractive unit mix consisting of one 3-bed/2.5-bath and four 2-bed/1.5-bath townhouse style units. Because the units are townhouse style, tenants enjoy spacious units with more peace and quiet than traditional units. 11921 Manor Dr is in a top location close to LAX, 405, and 105 freeways perfect for any commuter. It is also a quick drive to major entertainment venues such as SoFi Stadium and the upcoming Intuit Dome, and dining centers.

Property Features

  • Sale Price: $1,695,000
  • Area Size: 5,084 Sq. Ft.
  • Land Area: 6,455 Sq. Ft.
  • Year Built: 1962
  • Listing Date: 6/1/2023
  • Units: 5
  • Current GRM: 12.69
  • Current Cap Rate: 5.08%
  • Price Per Unit: $339,000
  • Market GRM: 11.04
  • Market Cap Rate: 6.23%
  • Current NOI: $85,169