Pending

11966 Oxford AVE

HAWTHORNE CA, 90250

$1,895,000


$300.13 per sqft

Pending

13 Beds

8 Baths

6,314 sqft

Multi-family

Built in 1962

We are pleased to exclusively offer for sale this meticulously maintained 7 unit multi-family property in the city of Hawthorne. This investment property features a comprehensive array of layouts including one 3-Bedroom/2-Bath, four 2-Bedroom/1-Bath, and two 1-Bedroom/1-Bath units, spread across a well-utilized 8,741 square foot lot, with a total of 6,314 square feet of rental space. Each unit is separately metered for electricity and gas, enhancing cost efficiency and ease of management. Tenants benefit from the convenience of onsite car-port parking and a communal laundry facility. Significant updates have been made to the infrastructure, including updated copper plumbing and a new sewer line, ensuring reduced maintenance concerns for the new owner. Located in a community with strong rental demand, this property not only offers stable cash flow but also boasts a 40% potential upside in rental income, as all units are due for their annual rent increase that a new investor can implement immediately. Additionally, attractive Private Seller Financing is available with the following terms: 25% down payment, 6.5% interest-only payments, due and payable in 7 years. Located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, this property is ideally situated to attract and retain high-quality tenants who appreciate the blend of residential comfort and accessibility to major attractions and transportation hubs. Overall this is an outstanding investment opportunity for both seasoned and new investors seeking to maximize returns and long-term capital growth.

CV24173175MR

MLS ID

August 21, 2024

Listed

September 13, 2024

Updated

Map

11966 Oxford AVE
HAWTHORNE CA, 90250

Interior Features

Total Stories

2


Bedrooms

13


Total Bathrooms

8


Laundry Description

Community, Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.2 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Ramona/Burleigh


Days on Market

6


Garage

No


Parking Total

7


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

HAR3YY

Listing History

Date

Event

Price

9/10/2024

Pending

Listed by Kristopher German with RE/MAX 2000 REALTY
Listing Contact: 626-427-0786 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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