Hawthorne CA  home offered at $2,845,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

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11703 Truro Avenue
Hawthorne, California CA 90250-2191
Sold For: $2,780,000
Listing ID: 22199165
Price/SqFt: $346.61
Status: Closed
Sold Date: 12/20/2022
SqFt: 8,208 Sq Ft
Acres: 0.229 Acres
Year Built: 1987

Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | 1987 Construction | Significant Value-Add Potential - Approximately 38% in Rental Upside | 7.38% Pro-Forma Cap Rate & 10.31 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Approximately 1.5 Miles to SpaceX and El Segundo & 2 Miles to SoFi Stadium | Outstanding Unit Mix of (Two) 3-Bed/2-Bath Townhouse Units and (Eight) 1-Bed/1-Bath Plus Loft Units | Large 9,981-Square Foot Lot | Eighteen Covered Parking Spaces & an On-Site Laundry Facility | 4.82% Current CAP Rate & 14.22 Current GRM | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies

Primary Features

County: Los Angeles
Price Reduction Date: 2022-10-31T22:26:04+00:00
Price/SqFt: 346.61
Property Type: Residential Income
Year Built: 1987
Zoning: HAR3YY

Interior

Garage Spaces: 4
Laundry: yes
Laundry Features: Community, Individual Room
Stories Total: 2

External

Lot Size Area: 9981
Lot Size Source: Estimated
Lot Size Square Feet: 9981
Number Of Buildings: 1
Parking: yes
Parking Features: Garage, Covered
Parking Total: 18

Location

Country: US
MLS Area Major: 108 - North Hawthorne

Additional

Association: no
Days On Market: 62
List Agent State License: 01856803
List Office State License: 02081496
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 10
Number Of Separate Gas Meters: 10
Number Of Units Total: 10
Parcel Number: 4044006033
Senior Community: no
Year Built Source: Estimated

Financial

Cap Rate: 4.82
Gross Multiplier: 14.22
Gross Operating Income: 192038
Net Operating Income: 137134
Price Per Unit: 284500
Special Listing Conditions: Standard
Taxes Percent: 1.25
Total Expenses: 54905

Zoning Info


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Listed by: JonathanNikfarjam, DRE #01856803 from Shield CRE, Inc. 310-593-9869

Contact - Listing ID 22199165

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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