Log In/Sign Up
Your email has been sent.
11835 Gale Ave 3 Unit Apartment Building Offered at $2,060,603 CAD at a 4.50% Cap Rate Hawthorne, CA 90250
EXECUTIVE SUMMARY
Seize a rare investment opportunity to own three homes on a huge double lot in North Hawthorne. This meticulously maintained property features three upgraded homes, each showcasing tasteful modern finishes and thoughtful design. Perfect for investors or owner-occupants, this triplex commands above-market rents due to its generous lot size, unit separation, and prime location. There are also two large two-car garages for future ADU potential. The front home, 11829 Gale Ave, has 3 bedrooms and 1 bathroom. The kitchen includes a dishwasher and stacked washer and dryer units. This home has a shed for additional storage in the courtyard behind the house, and a private fenced in front yard with a covered porch large enough for a table and two chairs. The middle home, 11835 Gale Ave, has 3 bedrooms and 1 bathroom. This home has a 2-car garage and a small attached shed with a washer and dryer and extra storage. There is a covered porch large enough for multiple chairs or an outdoor couch and a large table. The back home, 11833 Gale Ave, has 2 bedrooms and 1 bathroom. There are washer and dryer hookups in the kitchen. The home includes a 2-car attached garage and a covered porch large enough for two chairs and a table. The large double lot is well maintained and landscaped and has off street driveway parking for many vehicles. The property is surrounded on the sides and the back by an attractive block wall. The property is half a mile to both the 105 and 405 freeways offering convenience for travel to all that Los Angeles has to offer. You’re also just minutes to the beach cities, LAX, and Sofi Stadium where the Rams play.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,060,603 CAD | Property Type | Multifamily |
| Price Per Unit | $686,868 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Size | 3,071 SF |
| Cap Rate | 4.50% | Average Occupancy | 66% |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Gross Rent Multiplier | 12.71 | Year Built | 1918 |
| No. Units | 3 | Parking Ratio | 2.93/1,000 SF |
| Zoning | HAR3YY | ||
| Price | $2,060,603 CAD |
| Price Per Unit | $686,868 CAD |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 12.71 |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Building Size | 3,071 SF |
| Average Occupancy | 66% |
| No. Stories | 1 |
| Year Built | 1918 |
| Parking Ratio | 2.93/1,000 SF |
| Zoning | HAR3YY |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | $4,617 CAD | - |
| 2+1 | 1 | $4,273 CAD | - |
1 1
Walk Score®
Very Walkable (78)
1 of 63
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
11835 Gale Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.