Sold for $1,980,000

Listed by: Jensen Realty • Devin Jensen • Contact: 310-809-2891

Bought with: Berkshire Hathaway HomeServices California Properties

$1,980,000

11950 Acacia Ave, Hawthorne, CA 90250

8beds

9baths

4,758sqft

Mixed Use

Built in 1962

-- sqft lot

$2,068,600 Zestimate^®

$416/sqft

$2,320 Estimated rent

Home value

$2,068,600

$1.86M - $2.34M

$2,320/mo

Zestimate^® history

Owner options

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$2,320/mo

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$2,320/mo

Rent Zestimate^®

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$12,581/mo

Est. payment

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$12,581/mo

Est. payment

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What's special

Welcome to the vibrant city of Hawthorne, where an outstanding investment opportunity awaits! This exquisitely remodeled 6-unit building showcases a perfect blend of modern beach aesthetics. The recent renovation spared no expense, resulting in a truly remarkable property. Upgrades encompass new windows, a refreshed exterior, updated plumbing, and modern styling in both the kitchens and bathrooms. Not only does the building boast an eye-catching appearance, but it also offers enhanced functionality and comfort for its residents. Investing in this beautifully remodeled 6-unit building in Hawthorne not only offers a visually stunning property but also presents an opportunity in a prime location with strong rental potential. Cash flow from day 1 with over a 5.2% Cap. Don't let this golden chance slip through your fingers. Unlock the extraordinary possibilities that await you in this exceptional investment opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 9

Heating

Forced Air

Appliances

Included: Dryer, Washer
Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, In Kitchen

Features

Has fireplace: Yes
Fireplace features: Gas
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 4,758
Total interior livable area: 4,758 sqft

Property

Parking

Total spaces: 6
Parking features: Carport
Carport spaces: 6

Features

Levels: Two
Stories: 2
Entry location: front street
Pool features: None

Lot

Size: 6,623 Square Feet
Features: Front Yard, Landscaped, Rectangular Lot

Details

Parcel number: 4047029012
Zoning: HAR3YY
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use

Condition

New construction: No
Year built: 1962

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Dog Park, Golf, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Location

Region: Hawthorne

Financial & listing details

Price per square foot: $416/sqft
Date on market: 7/17/2023
Cumulative days on market: 41 days
Listing terms: Cash,Conventional,Submit
Tenant pays: Cable TV, Electricity, Gas

Price history

Date	Event	Price
9/20/2023	Sold	$1,980,000+36.6%$416/sqft
Source: CRMLS #SB23131772 Report a problem
6/21/2021	Pending sale	$1,450,000$305/sqft
Source: CRMLS #SB21081009 Report a problem
1/16/2018	Listing removed	$1,650
Source: Grand Harbor Property Management Inc. Report a problem
1/12/2018	Listed for rent	$1,650
Source: Grand Harbor Property Management Inc. Report a problem