Bought with Manny Archondo
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11726 Freeman AVE Hawthorne, CA 90250
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Key Details
Sold Price $1,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW25124073
Year Built 1964
Lot Size 6,953 Sqft
Property Description
11726 Freeman Avenue is a well-located 5-unit multifamily property in Hawthorne, California, offering investors an attractive value-add opportunity with over 20% potential upside in rents. Priced at a 11.90 GRM on current income, this asset provides a solid entry point into a high- demand rental market with strong fundamentals. The unit mix includes (1) 3BD/1.75BA, (3) 2BD/ 1BA, and (1) 1BD/1BA. The property offers on- site parking at a 1:1 ratio, ensuring convenience for all residents. Located in the heart of Hawthorne, the property benefits from proximity to major employment hubs such as Ring (an Amazon company), The Aerospace Corporation, and BAE Systems. The asset is just minutes from the 105 and 405 freeways, providing easy access to LAX, El Segundo, Silicon Beach, and Downtown Los Angeles, making it an ideal location for commuters and professionals. 11726 Freeman Avenue presents an excellent opportunity for investors to acquire a well- located asset with rental upside in a market supported by strong job growth and increasing tenant demand.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Interior
Laundry None
Exterior
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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