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11512 Oxford Avenue

Hawthorne, 90250

0 Bd
0 Ba
7,040 Lot
$1,800,000 Current Price
Active Status
71 Days on Market
May 6 First Day Active
$1,800,000 Start Price

Description

*5 Untis + RTI ADUs* Discover the potential at 11512 Oxford Ave in Hawthorne—a prime real estate opportunity inviting savvy investors to capitalize on value and cash flow prospects through ADU development. Upon acquisition, the property comes with the bonus of permits and rights, transferring the approved ADU plans to the new owner, positioning you for a swift value-add renovation project. Meticulously calculated to ensure return on investment, the post-renovation financials forecast a compelling nearly 7% CAP rate and a desirable sub-11 GRM, all within the advantages of using high leverage. This is not just a property purchase; it's a strategic investment move with the groundwork laid for generating significant rental income. For further details and to understand the full potential of this unique opportunity, we invite interested parties to reach out to us. Dive into an investment that aligns forecasted growth with a tangible asset foundation, ensuring a robust entry into Hawthorne's real estate market.

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Property Details for 11512 Oxford Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Stephen Takahashi
Listing Brokered By
Lyon Stahl Investment Real Estate, Inc.
Type
Residential Income, Apartment
Year Built
1960 (PublicRecords)
MLS Area
108 - North Hawthorne

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
71 DOM
Combined DOM*
71
First Date Active
May 6th, 2024
Current Price
$1,800,000
Orig. List Price
$1,800,000
MLS® #
SB24088098
APN
4047007015
Special
Standard

Home Interior Information

Levels/Stories
Two

Room Information

Laundry
WasherHookup, ElectricDryerHookup

Exterior Information

Lot Description
Rectangular Lot
Lot Size (sq. ft.)
7,040
Lot Size (acres)
0.16
Pool
None
Parking Spaces
6

Utilities Information

Water Source
Public

Additional Information

Co-Agent
John Stiegler II
Co-Agent Office
Lyon Stahl Investment Real Estate, Inc.

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
108 - North Hawthorne
City/State
Hawthorne
Zip Code
90250
County
Los Angeles
# of Units
7
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Listing/Price History

11512 Oxford Avenue, Hawthorne, (MLS® #SB24088098)

Date Details Price Change
First Day Active $1,800,000
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Listing Summary

Quick Summary of 11512 Oxford Avenue: This home in Hawthorne is priced at $1,800,000 . The Apartment residence was originally built in 1960 and was listed on May 6th, 2024 at $1,800,000, showing 71 Days on Market currently. Contact Dave Fratello today for more information or to go see 11512 Oxford Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of July 16th, 2024 at 1:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.