11711 Gale Avenue Hawthorne, CA 90250
The subject property is a 10 unit multi-family property located in the City of Hawthorne at 11711 Gale Avenue, approximately 1 block south of Imperial and 1 block east of Inglewood Avenue. It includes a diverse unit mix that consists of 1-Studio, 2-1BR/1BA and 7-2BR/1.5BA. Total building square footage is 7,706 sq ft and sits on a 9,027 sq ft lot. The property was built in 1972 and is a three story with an attractive layout. There is ample tuck under parking in addition to rear garages and there is also onsite laundry (leased machines). Additionally, the property is separately metered for gas and electricity and has one 100 gallon water heater. The walkways were resurfaced in 2006, the roof was replaced in 2006, and the plumbing is all copper. There is approximately 25%-30% upside from current rents for a new owner to take advantage of, at stabilized market rents the property can provide a 7% cash on cash return for the new owner. 11711 Gale Avenue is located in sought after NW Hawthorne allowing tenants easy access to the 405 freeway. Hawthorne is not subject to rent control., 1 East of Inglewood Ave and South of Imperial
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 0.2000 Acres
Lot: Lot 6500-9999
Parking Spaces 12.00
Garage Capacity: 12
Other Features Include:
Community Features Urban
Total Expenses 54828.00
Separate Gas Meters 11
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