11716 York Ave, Hawthorne, CA 90250

11716 York Ave, Hawthorne, CA 90250

Hawthorne, CA
$835,000

Property Description

11716 York Avenue is a great Value-Add Triplex located in a highly desirable pocket of Hawthorne, West of Prairie. The triplex currently consists of one (1) 3-bedroom/1-bathroom House and two (2) 1-bedroom/1-bathroom Units, sitting on a 6,993 Sq. Ft. lot. With a little TLC, this property offers significant upside as it’s located near big companies and venues such as Space-X and So-Fi Stadium. The subject property also offers garage parking, which can be converted into an ADU for additional income potential.

Property Features

  • Sale Price: $835,000
  • Area Size: 2,323 Sq. Ft.
  • Land Area: 6,993 Sq. Ft.
  • Year Built: 1941
  • Listing Date: 8/12/2022
  • Closing Date: 3/22/2023
  • Units: 3
  • Current GRM: 20.11
  • Current Cap Rate: 2.51%
  • Price Per Unit: $291,667
  • Market GRM: 11.87
  • Market Cap Rate: 5.79%
  • Current NOI: $ 21,950