11936 Grevillea Avenue, Hawthorne, CA 90250
See all 14 photos
11936 Grevillea Avenue, Hawthorne, CA 90250
11936 Grevillea Avenue, Hawthorne, CA 90250
11936 Grevillea Avenue, Hawthorne, CA 90250
11936 Grevillea Avenue, Hawthorne, CA 90250
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,125,000
Est. payment /mo
Save
Pending

11936 Grevillea Avenue Hawthorne, CA 90250

5,971 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,971 sqft

Price per Sqft $355

MLS Listing ID CL26848245

HOA Y/N No

Year Built 1962

Lot Size 7,733 Sqft

Acres 0.1775

Property Sub-Type Other

Property Description

Seller Carry Financing Available: 5.0% interest-only financing available with 40% down (60% LTV) for up to 18 months. Highly Desirable Hawthorne Location: Located west of Hawthorne Boulevard, approximately 1.5 miles from Northrop Grumman and Intuit Dome, and 2 miles from SoFi Stadium. Renovated Units & Recent Capital Improvements: Six units have been renovated, and all units feature updated electrical subpanels. Property has also undergone recent capital improvements, including a newer roof (2021) with a 30-year warranty and a newer hot water heater (2022). Attractive Unit Mix: Comprised of (1) 3-bedroom/2-bathroom unit, (2) 2-bedroom/1-bathroom units, and (5) 1-bedroom/1-bathroom units. Strong Cash Flow & Rental Upside: Offering a 5.75% current cap rate and 11.23 GRM with upside to a 6.70% pro-forma cap rate and 10.08 GRM. No Local Rent Control: Property defaults to AB 1482. Building Amenities: On-site laundry facility provides additional annual income, and the property includes a total of seven parking spaces. Surrounded by Major Employment Centers: Convenient access to Northrop Grumman, SpaceX, Raytheon, Boeing, Tesla Design Center, Hollywood Park, Los Angeles Times, and LAX Airport, supporting strong long-term rental demand.

Location

State CA

County Los Angeles

Zoning HAR3YY

Interior

Fireplace No

Laundry Laundry Room

Building

New Construction No

Others

Tax ID 4044018028


Bridge MLS
Listed by Jonathan Nikfarjam • Shield CRE, Inc.

GET IN TOUCH

Name
Phone*
Message

Go tour this home

11936 Grevillea Avenue