MULTI
FAMILY
Charlie Rasmussen
(310) 404-9072

11637 & 11643 Eucalyptus Ave
Hawthorne, CA

Stephen Takahashi and Charlie Rasmussen are proud to present 11637 & 11643 Eucalyptus Avenue, two 4-unit apartment buildings situated on two adjacent lots. Both buildings were constructed in 1963 with a combined 8,708 sqft of total living area, situated on a combined 10,605 sqft lot. The 2 properties are currently generating a combined annual gross income of approx. $182,000, offering investors immediate cashflow with significant upside.

11637 Eucalyptus Ave consists of 4 Townhouse units: (1) 3-Bed/2-Bath and (3) 2-Bed/2-Bath. The building is approximately 4,108 sqft, situated on a 5,303 sqft lot, and is currently generating $7,750 in monthly rental income. 11643 Eucalyptus Ave consists of 2 Townhouse units: (1) 3-Bed/2-Bath & (1) 2-Bed/2-Bath, as well as (2) single-story 2-Bed/1-Bath units. The building is approx. 4,600 sqft, situated on a 5,302 sqft lot, and is currently generating $7,400 in monthly rental income.

The city of Hawthorne is flourishing with new development. SpaceX, Tesla, Amazon’s subsidiary: RING’s new headquarters development, 2 new Marriot Hotels, Urth Cafe, and The Boring Company's new underground transportation initiative are just some of the major economic influencers in Hawthorne’s rapid gentrification. Great for an owner-user and investor alike.

Property Details

$2,600,000
List Price
18
Beds
14
Baths
8,708
Square Feet
1963
Year Built
10,605
Lot Size
(2) side-by-side 4-unit buildings
Unit Mix: (2) 3 Bed/2 Bath townhouses, (4) 2 Bed/2 Bath, townhouses & (2) 2 Bed/1 Bath units
8,708 combined building sqft
10,605 sqft Lot (2 adjacent Parcels)
Gross Income: $181,800 | NOI: $117,454
Current CAP: 4.52% | Market CAP: 5.79%
Current GRM: 14.30 | Market GRM: 12.04
Close Proximityto 405 & 105 Freeway, LAX Airport, Green Metro Line, SpaceX, Tesla, RING, and the new NFL SoFiStadium!
Properties can be purchased together or individually for $1,300,000
(2) side-by-side 4-unit buildings
Unit Mix: (2) 3 Bed/2 Bath townhouses, (4) 2 Bed/2 Bath, townhouses & (2) 2 Bed/1 Bath units
8,708 combined building sqft
10,605 sqft Lot (2 adjacent Parcels)
Gross Income: $181,800 | NOI: $117,454
Current CAP: 4.52% | Market CAP: 5.79%
Current GRM: 14.30 | Market GRM: 12.04
Close Proximityto 405 & 105 Freeway, LAX Airport, Green Metro Line, SpaceX, Tesla, RING, and the new NFL SoFiStadium!
Properties can be purchased together or individually for $1,300,000
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Presented By

Charlie Rasmussen
Associate Agent
02039995
Contact
Stephen Takahashi
BRE 01944770
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