United StatesCaliforniaHawthorneNorth Hawthorne11943 Grevillea Avenue

11943 Grevillea Avenue 11943 Grevillea Avenue Hawthorne, California 90250 United States

$2,379,000
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We are proud to present an investment opportunity to acquire a 10-unit property located at 11943 Grevillea Avenue in the city of Hawthorne, also dubbed the hub of the South Bay. Located one block from Hawthorne Blvd., between W 120th and W 118th...

CB RICHARD ELLIS

Listing Courtesy of CB RICHARD ELLIS, Email/Phone : 626-757-5717
$2,379,000
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809 m²
Exterior
Residential Income
Property type
1984
Year Built
CV25108428
Web Id
CV25108428
MLS ID
Hawthorne Elementary
School District
8
days ago

About 11943 Grevillea Avenue

We are proud to present an investment opportunity to acquire a 10-unit property located at 11943 Grevillea Avenue in the city of Hawthorne, also dubbed the hub of the South Bay. Located one block from Hawthorne Blvd., between W 120th and W 118th Streets, 11943 Grevillea Avenue is a three-story property built in 1984. Situated on a well-maintained 8,731 square foot lot, it offers 7,733 square feet of rentable space with a desirable unit mix: eight one-bedroom/one-bathroom and two two-bedroom/one-bathroom units. Residents benefit from exterior amenities such as gated entry, garages, tuck-under parking, a laundry facility, and individual porches, all set amidst low-maintenance mature landscaping. Unit interiors feature ceiling fans, carpet, tile, vertical blinds, wall air conditioning/heating, security screen doors, and fully-equipped bathrooms and kitchens with oven ranges. Nestled within the dynamic South Bay region of Los Angeles County, the City of Hawthorne offers residents quick access to the best of Southern California living, from culture and entertainment to mountains and beaches. Hawthorne boasts a growing and resilient economy, bolstered by major employers in aerospace, technology, and manufacturing, attracting a strong and steady workforce. This robust economic base drives consistent demand for quality rental housing throughout the city, making 11943 Grevillea Avenue an excellent investment opportunity. Located centrally within Hawthorne, the property offers residents significant appeal due to its proximity to major transportation hubs like Los Angeles International Airport and convenient access to parks and nature centers. Renters will appreciate being within walking distance to everyday necessities such as Ralphs, CVS Pharmacy, 99 Only Store, El Torito, Little Caesars Pizza, and more. Furthermore, residents enjoy quick access to major attractions, including the beaches of Manhattan Beach just a five-mile drive away and SoFi Stadium only 3.5 miles away. 11943 Grevillea Avenue in Hawthorne is a stable income-producing asset in Los Angeles County, promising a strong return on investment. Whether youre acquiring your first property, strategically growing your existing portfolio, or seeking a seamless transaction for a 1031 Exchange, this property offers exceptional stability and long-term value.

Listing Courtesy of CB RICHARD ELLIS, Email/Phone : 626-757-5717

Amenities

  • heating/cooling

features

cooling
Propane Heating
Parking
Car Port, Garage
Community
Sidewalks

PROPERTY INFORMATION

Community Info
Curbs, Sidewalks
Cooling
WallWindowUnits
Garage Info
4
Heating
WallFurnace
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
SixToTenUnitsAcre

ADDITIONAL INFORMATION

Number of Units
10
Listing Courtesy of CB RICHARD ELLIS, Email/Phone : 626-757-5717

CB RICHARD ELLIS

Listing Courtesy of CB RICHARD ELLIS, Email/Phone : 626-757-5717
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