$1,795,000 Price Analysis 11707 York AveHawthorne, CA 90250 11 bed 8 bath 5,759 SqFt ($311/SqFt) 7,004SqFt lot. Built 1964 Listed 2024-05-07, Taxes $7,593 | Ⓧ USDA Ineligible due to price & location near Hawthorne |
This EXTRA LARGE five unit property boast a total of 5, 759 sqft with an average unit size of 1, 150 sqft. Four of the units are townhome style with the rear two bedroom being a single story. Unit composition is a 3b2b townhome, three 2b1.5b townhomes and a 2b1b unit. The front three bedroom unit has its own large private pato and fireplace.
The property has been well taken care of and always stays full. 4 out of the 5 units have in unit laundry hook ups. 11707 York Ave has a pitched roof and a 1:1 covered parking ratio. The property boast a record high cap rate at 6.08% with actual rents and expenses and a 11.11 GRM. A new owner can benefit from a cash cow with exceptionally high yields in a highly competitive submarket. The property does not fall under any city rent control restrictions.
Presented by Jonathan Weir at
Marcus & Millichap.
Property MLS #24-388887 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $334,092 + $139,201 $473,293 | $7,593 |
2021 | $327,542 + $136,472 $464,014 | $7,436 |
2020 | $324,184 + $135,073 $459,257 | $7,414 |
2019 | $317,828 + $132,425 $450,253 | $7,207 |
2018 | $311,597 + $129,829 $441,426 | $6,863 |
2017 | $305,488 + $127,284 $432,772 | $6,559 |
2016 | $299,499 + $124,789 $424,288 | $6,474 |
2015 | $295,001 + $122,915 $417,916 | $6,341 |
2014 | $289,223 + $120,508 $409,731 | $6,332 |
2013 | $287,916 + $119,964 $407,880 | $6,124 |
2012 | $282,271 + $117,612 $399,883 | $5,969 |
2010 | $276,737 + $115,306 $392,043 | $5,535 |
2009 | $275,322 + $114,717 $390,039 | $5,398 |
2009 | $274,669 + $114,445 $389,114 | $5,398 |
2008 | $269,924 + $112,468 $382,392 | $5,265 |
2007 | $264,632 + $110,263 $374,895 | $5,136 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.