Hawthorne Multifamily Investment
11519 Cedar Avenue, Hawthorne, CA 90250
Two-story, five-unit multifamily property in Hawthorne, California.
Type:Multifamily
Property size:
4,527 SFPrice / SF:
$265/SF- Added:
- Nov 21, 2025
- Days on Market:
- 193
- Last Refresh:
- May 8 at 8:56 pm
Property Features for 11519 Cedar Avenue
General Information
- Standard status
- Active
- Size
- 4,527 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing agent Shiva Monify License #CalDRE #01728143 (310) 892-6892
Listing office (310) 892-6892
Listing date Nov 21, 2025
Source Svn
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
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.
- Upside in rents: Potential to increase rental income.
- Convenient location: Easy access to public transportation, schools, and amenities.
- Two units vacant: Immediate opportunity to set market rents and attract new tenants.
Overview
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.
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 Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hawthorne
- County
- Los Angeles
- State
- California
- Longitude
- -118.35
- Latitude
- 33.9296
Nearby Similar for Sale
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.
