We are pleased to present our newest exclusive listing in 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 patio and fireplace. The property has been very 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.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/20/2024 @ 02:09
MLS: 24388887
LISTED BY: Jonathan Weir, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
