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Listed by Robert Stepp • Keller Williams Realty Downey
$1,420,000
Est. payment /mo
4,564 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,564 sqft
Price per Sqft $311
MLS Listing ID CRPW25124073
HOA Y/N No
Year Built 1964
Lot Size 6,953 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry No Hookups
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