11300 Acacia Ave, Hawthorne, CA 90304

11300 Acacia Ave, Hawthorne, CA 90304

Hawthorne, CA
$1,350,000

Property Description

11300 Acacia Ave is a 5-unit located steps from the Hawthorne / Lennox light rail station. The five total units consist of 5,204 SF in living space situated on a 6,757 SF parcel of land. 11300 Acacia Ave offers a great unit mix consisting of (1) 3-Bed/2-Bath, (3) 2-Bed/1-Bath & (1) 1-Bed.1-Bath Unit. The property was built in 1961 and features (2) two-car garages & (1) one-car garage plus additional driveway space. Given the property’s ideal location, strong unit mix, and significant upside rent potential, 11300 Acacia Ave is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.

Property Features

  • Sale Price: $1,350,000
  • Area Size: 5,204 SF
  • Land Area: 6,757 SF
  • Year Built: 1961
  • Listing Date: 1/26/2021
  • Closing Date: 3/17/2021
  • Units: 5
  • Current GRM: 14.92
  • Current Cap Rate: 3.85%
  • Price Per Unit: $279,000
  • Market GRM: 11.76
  • Market Cap Rate: 5.56%
  • Current NOI: $53,739

Lyon Stahl Investment Real Estate

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