Skip To Content

11703 Truro Ave

Hawthorne, CA 90250
  • $2,845,000
  • STATUS: Active Under Contract
  • ON SITE: 82 Days
  • ID#: 22-199165
Under Contract
$2,845,000
  • 14
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,208
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Description

Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | 1987 Construction | Significant Value-Add Potential - Approximately 38% in Rental Upside | 7.38% Pro-Forma Cap Rate & 10.31 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Approximately 1.5 Miles to SpaceX and El Segundo & 2 Miles to SoFi Stadium | Outstanding Unit Mix of (Two) 3-Bed/2-Bath Townhouse Units and (Eight) 1-Bed/1-Bath Plus Loft Units | Large 9,981-Square Foot Lot | Eighteen Covered Parking Spaces & an On-Site Laundry Facility | 4.82% Current CAP Rate & 14.22 Current GRM | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-04T23:42:40.083. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.realestatetoolbox.com/homes/133043598
Print Image

11703 Truro Ave Hawthorne, CA 90250

  • Price: $2,845,000
  • Status: Active Under Contract
  • On Site: 82 Days
  • ID#: 22-199165
14
Beds
0
Baths
0
½ Baths
0.23
Acres
8,208
SQFT
$347
$/SQFT
1987
Built
Neighborhood:
North Hawthorne
County:
Los Angeles
Area:
North Hawthorne
Property Description
Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | 1987 Construction | Significant Value-Add Potential - Approximately 38% in Rental Upside | 7.38% Pro-Forma Cap Rate & 10.31 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Approximately 1.5 Miles to SpaceX and El Segundo & 2 Miles to SoFi Stadium | Outstanding Unit Mix of (Two) 3-Bed/2-Bath Townhouse Units and (Eight) 1-Bed/1-Bath Plus Loft Units | Large 9,981-Square Foot Lot | Eighteen Covered Parking Spaces & an On-Site Laundry Facility | 4.82% Current CAP Rate & 14.22 Current GRM | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies
Exterior Features

Covered Parking 18 Cross Streets Truro Avenue & 116th Street Garage Structures Total 2 Lot Size Area 9981 Other Structures Other Parking Garage GarageCovered Parking Paved YN Yes Total Parking 18

Interior Features

Baths Total 12.00 Cooling Other Equipment Other Heating Other Laundry CommunityRoomLaundry Area Laundry Equipment Lease

Property Features

Alley YN Yes Assessed Total Value 706591 Gross Income 200040 Gross Operating Income 192038 Like Units1 2 Like Units2 8 Net Operating Income 137134.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Estimated Source Lot Size Area Estimated Tax Total 35563.00 Total Annual Expense 54905 Type Of Units 3 + 21 + 1 Year Built Source Estimated Zoning Har3yy

Listing provided courtesy of Jonathan Nikfarjam DRE#01856803 of Shield Cre, Inc.: 310-593-9869.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-04T23:42:40.083. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-199165-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-199165-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-199165-2.jpg
Logo
Real Estate Toolbox | EXP Realty
1720 E. Los Angeles Ave, Suite # F
Simi Valley CA, 93065