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12228 Grevillea Ave
Hawthorne, CA 90250
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Highly Desirable Hawthorne Location –West of Hawthorne Boulevard | No Local Rent Control – Defaults to AB 1482
- Copper Plumbing, 7 Covered Parking Spaces & On-Site Laundry Facility
- Approximately 19% in Rental Upside – 5.65% Pro-Forma Cap Rate & 12.63 Pro-Forma GRM
- Approximately 1.5 Miles to SpaceX & 2.5 Miles to SoFi Stadium | Each Unit Contains Individual Hot Water Heaters
- Located within a Few Blocks of Hawthorne Boulevard, Hawthorne Plaza, and Hawthorne City Hall, Library & Police Department
- 4.44% Cap Rate & 15.05 GRM | Strong Neighboring Employment: Space X, Tesla & Aerospace Defense Companies
Property Facts
| No. Units | 7 | Building Size | 5,585 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | HAR3YY | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,585 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | HAR3YY |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $1,836 | - |
| 1+1 | 2 | $1,390 | - |
Property Taxes
| Parcel Number | 4041-002-024 | Improvements Assessment | $1,204,471 |
| Land Assessment | $1,061,208 | Total Assessment | $2,265,679 |
Property Taxes
Parcel Number
4041-002-024
Land Assessment
$1,061,208
Improvements Assessment
$1,204,471
Total Assessment
$2,265,679
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