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32954614
32954615

11966 Oxford Avenue, Hawthorne, CA 90250

KM
CA 01220368
Morgan Skenderian Investment Real Estate Group
RA
CA CA 01273871
Morgan Skenderian Investment Real Estate Group
JS
CA 01220368
Morgan Skenderian Investment Real Estate Group
PE
CA 01942627
Morgan Skenderian Investment Real Estate Group
Listed by Morgan Skenderian Investment Real Estate Group
$1,895,000
10 days on market
Updated 5 days ago

11966 Oxford Avenue

Details
APN 4047023004
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,314
Net Rentable (SqFt) 6,314
Units 7
Cap Rate 4.34%
NOI $82,309
Tenancy Multi
Pro-Forma Cap Rate 7.40%
Pro-Forma NOI $140,218
Price per SqFt $300
Year Built 1962
Buildings 1
Stories 2
Acreage 0.201
Zoning Public Rec
Parking Spaces 7 spaces
Parking Per SqFt 1.11
Investment Type Value Add

Multifamily | 7 Units | $270,714/unit

Marketing description

This 7-unit multifamily property located in Hawthorne presents a compelling value-add investment opportunity in a supply-constrained South Bay rental market. Built in 1962 and encompassing 6,314 square feet of rentable space on an 8,741 square foot lot, the asset features a well-balanced unit mix of (2) one-bedroom/one-bath units, (4) twobedroom/one-bath units, and (1) three-bedroom/two-bath unit. The property benefits from 7 covered carport parking spaces and an on-site laundry facility that generates additional income. Significant infrastructure improvements have already been completed, including updated copper plumbing, newer sewer line, and upgraded electrical panels, reducing near-term capital exposure and providing a strong foundation for future renovation efforts. With approximately 44% rental upside, the asset offers investors the ability to enhance cash flow through interior upgrades and strategic lease repositioning. This is an attractive opportunity to acquire a well-located multifamily asset with existing operational stability and substantial upside potential through value-add execution.

Investment highlights

  • Strong Unit Mix Consisting of One, Two and Three Bedroom Units
  • New Electrical Panels
  • Updated Copper Plumbing and Newer Sewer Line
  • Projected 44% in Rental Upside; 8.5% Cash-On-Cash Return on Market Rents
  • High Demand Rental Location for Affordable Units
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Listing Contacts

KM
CA 01220368
Morgan Skenderian Investment Real Estate Group
RA
CA CA 01273871
Morgan Skenderian Investment Real Estate Group
JS
CA 01220368
Morgan Skenderian Investment Real Estate Group
PE
CA 01942627
Morgan Skenderian Investment Real Estate Group
Listed by Morgan Skenderian Investment Real Estate Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$82,309.00
$6,859.08/mo

Valuation Metrics

0
DSCR
4.34%
Cap Rate
4.34%
ROI

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Additional Information

Name
Ken Morgan
License
01220368
Name
Rick Applebaum
License
CA 01273871
Brokerage
Morgan Skenderian
Brokerage Phone
9494326954
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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