Hawthorne Multifamily Investment
11519 Cedar Avenue Hawthorne, CA 90250
11519 Cedar Avenue, Hawthorne, CA, 90250
$1,200,000
For Sale
$1,200,000
Two-story, five-unit multifamily property in Hawthorne, California.
Property Size4,527 SF
Price / SF$265.08
Days on Market239
Property Features for 11519 Cedar Avenue
General Information
- Standard status
- Active
- Size
- 4,527 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing Agency
(310) 892-6892
Listed by
Shiva Monify · License #CalDRE #01728143
(310) 892-6892
Source
Svn
Added: Nov 21, 2025 Checked: Jul 17 at 5:45 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shiva Monify
Investment Insights
Based on property information with market context.
This two-story garden-style multifamily property is located in Hawthorne, California. The building has 4,527 square feet of space and sits on a 0.17-acre lot. The property is zoned R3 and features a unit mix of one 3-bedroom, 2-bathroom unit, three 2-bedroom, 2-bathroom units, and one 1-bedroom, 1-bathroom unit. Some units have been recently updated. Carports are located in the rear of the building, and street parking is available. A laundry room is available on site. The property is located in a residential neighborhood with access to public transportation, schools, and amenities. Three of the units are occupied on a month-to-month basis, and two units are vacant. The property is located in a densely populated area and offers great upside in rents. The property is not subject to rent control.
Key Highlights
- No rent control: Allows for greater flexibility in setting rental rates.
- Great investment opportunity: Positioned in a desirable location.
- Unit mix: Consists of one 3BR+2BA, three 2BR+2BA and one 1BR+1BA offering diverse rental options.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.0k | $31.80 |
| − Vacancy | −$11.5k | −$2.54 |
| EGI | $132.4k | $29.26 |
| − OpEx | −$59.6k | −$13.17 |
| NOI | $72.8k | $16.09 |
4,527 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.04M
$910.5K – $1.21M
NOI $72,843 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.42M
$2.12M – $2.83M
NOI $169,662 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two-story, five-unit multifamily property in Hawthorne, California.
Where is this apartment building located?
The property is located at 11519 Cedar Avenue Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: No rent control: Allows for greater flexibility in setting rental rates.; Great investment opportunity: Positioned in a desirable location.; Unit mix: Consists of one 3BR+2BA, three 2BR+2BA and one 1BR+1BA offering diverse rental options.
