11432 Menlo Avenue

Hawthorne, CA 90250

$2,150,000
Last Sold Price
12
Beds
7,494 Sq. Ft.
$287 / Sq. Ft.
7,494
Sq. Ft.
$287
per Sq. Ft.

Description

This 7-unit apartment building is a great opportunity for an investor. Built in 1986. Great location in high demand rental area with convenient access to Fwy 105, 405 and 110. Also close to Sofi Stadium and LAX. Four units are one bedroom with den converted into another bedroom.This 7-unit apartment building is a great opportunity for an investor. Built in 1986. Great location in high demand rental area with convenient access to Fwy 105, 405 and 110. Also close to Sofi Stadium and LAX. Four units are one bedroom with den converted into another bedroom.
  1. Listed by Jerry Hsu • DRE #01316593 • Brokerage DRE #01915295 • eFortune Realty, Inc.

Property Details for 11432 Menlo Avenue

Parking Spaces Total
13
Private Pool
No
Total Units
7.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
7494
Assessor Parcel Number
4047-006-004
Property Attached YN
false

Location

Listing Courtesy of eFortune Realty, Inc., Jerry Hsu, DRE #01316593

Sold By Marcus & Millichap, Ryan Gonzalez, DRE #01874815

Add your commute
LISTING UPDATED: 06/24/2022 08:18 AM

Property Details for 11432 Menlo Avenue

StatusClosed
MLS #SB22085677
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.15 AC / 6,577 SF
CountyLos Angeles County

Location

Listing Courtesy of eFortune Realty, Inc., Jerry Hsu, DRE #01316593

Sold By Marcus & Millichap, Ryan Gonzalez, DRE #01874815

Add your commute

Building Information for 11432 Menlo Avenue

Stories2Residences-Year Built1986Building Size-Lot Size0.15 AC / 6,577 SF

Payment Calculator

$14,164 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,733

Property Taxes

$2,431

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11432 Menlo Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $128,880
  • Gross Scheduled Income: $128,880
  • Net Operating Income: $78,897
  • Gross Multiplier: 16.68
  • Cap Rate: 3.67
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $49,983
  • New Taxes Expense: $23,100
  • Gardener Expense: $660
  • Fuel Expense: $132
  • Licenses Expense: $182
  • Pest Control Expense: $876
  • Electric Expense: $1,351
  • Insurance Expense: $3,501
  • Maintenance Expense: $5,836
  • Professional Management Expense: $0
  • Trash Expense: $4,167
  • Water Sewer Expense: $4,622
  • Supplies Expense: $5,556
  • Total Expenses: $49,983
Tax / Assessment Info
  • Tax Tract Number: 245
  • Tax Census Tract: 6021.04
  • CFD/Mello-Roos Fee: $1,999
  • Tax Lot: 245
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 13
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,520
  • Unit Type Total Rent: $1,520
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,675
  • Unit Type Total Rent: $1,675
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,695
  • Unit Type Total Rent: $1,695
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 11432 Menlo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11432 Menlo Avenue

Taxable ValueLand$816,000Additions$1,377,000Total$2,193,000
Tax Record2023$29,174 ($2,431 / month)
Home Facts
Total Finished SqFt7,494 SqFtAbove Grade Finished SqFt7,494 SqFtLot Size6,577 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningHAR3YYCountyLOS ANGELESAPN4047-006-004

Schools near 11432 Menlo Avenue

This home is within Centinela Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
York School
PublicK to 5

Prairie Vista Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Leuzinger High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eFortune Realty, Inc., Jerry Hsu, DRE #01316593

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.