11853 Manor DR, Hawthorne, CA 90250
11853 Manor DR, Hawthorne, CA 90250
11853 Manor DR, Hawthorne, CA 90250
11853 Manor DR, Hawthorne, CA 90250
11853 Manor DR, Hawthorne, CA 90250
11853 Manor DR, Hawthorne, CA 90250
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Ricardo Acevedo

Ricardo Acevedo

+1(951) 903-4430
$ 1,950,000
Est. payment | /mo

14 Beds

8 Baths

5,244 SqFt

Save
$ 1,950,000
Est. payment | /mo
Save

14 Beds

8 Baths

5,244 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,244 sqft

Price per Sqft $371

MLS Listing ID 26107675

Bedrooms 14

HOA Y/N No

Year Built 1958

Lot Size 8,768 Sqft

Property Description

11853 Manor Dr | 7-Unit Multifamily, Hawthorne. 1958-built asset totaling 5,244 SF on an 8,762 SF lot in North Hawthorne, on the west side of Manor Dr just north of W 120th St, minutes from SpaceX's Hawthorne campus, LAX, and SoFi Stadium. The property features (5) 2BR/1BA units averaging 749 SF, (1) 1BR/1BA at 574 SF, and (1) 3BR/2BA at 900 SF, all upgraded with no known deferred maintenance. All seven units are occupied. In-place rents average $2,317, or 96.9% of the $2,392 market average, and a RUBS program recovers $13,527 annually against the master-metered utility load. Offered at $1,950,000 ($278,571/unit | $371.85/SF) with a 6.88% in-place cap rate, the real story is day-one yield: finished product, fully leased, with a 7.20% pro forma cap as rents reset to market at turnover under AB 1482.

Location

State CA

County Los Angeles

Area 108 - North Hawthorne

Zoning HAR3YY

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4044021011

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc. #02060040

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .
 
Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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11853 Manor DR