11628 Freeman Avenue

Hawthorne, CA 90250

$2,200,000
Last Sold Price
10
Beds
10
Baths
6,174 Sq. Ft.
$356 / Sq. Ft.
6,174
Sq. Ft.
$356
per Sq. Ft.

Description

We are pleased to present this 8 unit offering located in an excellent North Hawthorne location in close proximity to major thoroughfares, and major South Bay employment hubs. The building has a unit mix of (2) 1 Bed/1 Bath, (2) 1 Bed/1 Bath w/ Den and (2) 2 Bed/2 Bath Units. The subject property consists of 6,174 square feet and sits on a 6,950 square foot lot zoned HAR3YY. The building was built in 1987 and features 12 individual parking spaces. The exterior has excellent curb appeal as the building...We are pleased to present this 8 unit offering located in an excellent North Hawthorne location in close proximity to major thoroughfares, and major South Bay employment hubs. The building has a unit mix of (2) 1 Bed/1 Bath, (2) 1 Bed/1 Bath w/ Den and (2) 2 Bed/2 Bath Units. The subject property consists of 6,174 square feet and sits on a 6,950 square foot lot zoned HAR3YY. The building was built in 1987 and features 12 individual parking spaces. The exterior has excellent curb appeal as the building and landscaping have been well maintained. A future investor will benefit from an excellent location just South of Imperial, East of Hawthorne and West of Prairie. With its close proximity to major employers and business hubs near LAX and El Segundo, the building is centrally located and ideal for prospective renters. Its location benefits from amenities along Hawthorne Blvd and is just a quick drive to major entertainment and dining centers in Manhattan, Hermosa, and Redondo Beach
  1. Listed by William James • DRE #01734419 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Peter James • DRE #01748556 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 11628 Freeman Avenue

Water Front
None
Zoning
HAR3YY
Style
Mid-Century
Cross Streets
Freeman and W 116th St.
Parcel Number
4047012004
Total Units
8.0
Living Area
6174
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419; Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556

Sold By Lyon Stahl Investment Real Estate, Inc., Daniel Shieh, DRE #01978847

Add your commute
LISTING UPDATED: 05/12/2023 09:17 AM

Property Details for 11628 Freeman Avenue

StatusSold
MLS #22-219231
Days on Market132
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.16 AC / 6,950 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419; Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556

Sold By Lyon Stahl Investment Real Estate, Inc., Daniel Shieh, DRE #01978847

Add your commute

Building Information for 11628 Freeman Avenue

Stories3Residences-Year Built1987Building Size-Lot Size0.16 AC / 6,950 SF

Payment Calculator

$14,195 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$2,189

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11628 Freeman Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: 1 and 2 Bed
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Carbon Monoxide Detector(s), Exterior Security Lights, Other, Smoke Detector
  • Direction Faces: West
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $155,627
  • Net Operating Income: $97,666.00
  • Gross Income: $160,440
  • Cap Rate: 4.16%
  • Gross Rent Multiplier: $15.04
  • Actual Annual Gross Rent: $156,240.00
  • Actual Gross Annual Income: $160,440
  • Other Income1: $156,240.00
  • Garage Income: $3,000
  • Laundry Income: $1,200
  • Actual Rent Total: $156,240.00
  • Financial Info as Of: 02/27/2023
  • Vacancy Allow Dollar: $4,813.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Gardener, Water, Other, Electricity
  • Total Annual Expense: 57961
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1596
  • Lot Size Square Feet: 6950
  • Lot Size Dimensions: 50x139
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Features: Front Yard, Landscaped, Lawn
  • Lot Description: Front Yard, Single Lot, Landscaped, Lawn, Lot-Level/Flat
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Garage Is Attached, Garage - 1 Car
  • Total Parking: 12
  • Covered Parking: 12
  • Open Other Spaces Total: 0
  • Garage Spaces Total: 1
  • Carport Spaces Total: 12
  • Parking Features: Covered, Garage - Single Door
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Multi/Split
  • Fireplace Features: Den
  • Fireplace Rooms: Den
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Microwave, Hood Fan, Garbage Disposal, Intercom, Dishwasher
  • Interior Features: Intercom, Living Room Balcony, Other
  • Room Kitchen Features: Tile Counters
  • Kitchen Features: Tile Counters
  • Room Bathroom Features: Tile Counters
  • Bathroom Features: Tile
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range, Microwave, Oven, Oven-Gas
  • Laundry: Community
  • Laundry Equipment: Lease
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Flat, Other, Rolled/Hot Mop
  • Patio Features: Balcony
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Construction MVO: Frame and Stucco
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-17-2022
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,825.00
  • Unit Actual Rent: $3,650.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,562.00
  • Unit Actual Rent: $9,370.00
  • Unit Projected Rent: $11,400.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,213,059.00
  • Assessed Improvement Percent: 60.61
  • Assessed Land Value: $788,383.00
  • Assessed Land Percent: 39.39
  • Assessed Total Value: $2,001,442.00

Property History for 11628 Freeman 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 11628 Freeman Avenue

Taxable ValueLand$804,150Additions$1,237,320Total$2,041,470
Tax Record2023$26,264 ($2,189 / month)
Home Facts
Total Finished SqFt6,174 SqFtAbove Grade Finished SqFt6,174 SqFtStories1Lot Size6,950 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningHAR3YYCountyLOS ANGELESAPN4047-012-004

Schools near 11628 Freeman 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 Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419; Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556

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.