25-Unit Apartment
New
For Sale
$5,400,000
11520 Menlo Avenue, Hawthorne, CA 90250
The building combines studio apartments with one- and two-bedroom units.
Property Size14,561 SF
Lot Size0.30 Acres
Price / SF$370.85
Days on Market7
Property Features for 11520 Menlo Avenue
General Information
Standard status
Active
Size
14,561 SF
Lot size
0.30 Acres
Property subtype
Multi-family
Financials
Asking Price
$5,400,000
Cap Rate
6.12%
Site & Location
Neighborhood
Imperial-Prairie
Highway Access
Yes
Units
Unit Mix
1 x 2BR/2BA, 17 x 1BR/1BA, 7 x studio
Multifamily Units
25
Building Details
Year Built
1972
Listing Agency:
Realty Investment Advisors,Inc.
Listed By:
Benjamin J. Hsiang · License #01438644
(424) 377-6001
Source:
Sevengables
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 31 at 3:07AM
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 Realty Investment Advisors,Inc.
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Investment Insights
Based on property information with market context.
Built in 1972, this 25-unit apartment property contains approximately 14,561 square feet on a 13,162-square-foot lot. The unit mix includes seven studios, seventeen one-bedroom, one-bathroom apartments, and one two-bedroom, two-bathroom apartment. Select residences have updated kitchens and bathrooms, countertops, flooring, and interior finishes.
Building work includes a copper repipe and pitched roof replacements in 2019, deck improvements in 2023, and replacement of all drain lines and exterior painting in 2024. The property is subject to California’s statewide rent stabilization rules under AB 1482. Nearby employment centers include SpaceX and Amazon’s Ring facilities, with aerospace and defense employers in El Segundo and Redondo Beach. Regional access includes LAX and the I-105 and I-405 freeways.
Building work includes a copper repipe and pitched roof replacements in 2019, deck improvements in 2023, and replacement of all drain lines and exterior painting in 2024. The property is subject to California’s statewide rent stabilization rules under AB 1482. Nearby employment centers include SpaceX and Amazon’s Ring facilities, with aerospace and defense employers in El Segundo and Redondo Beach. Regional access includes LAX and the I-105 and I-405 freeways.
Key Highlights
- 25 apartment units: 7 studios, 17 one‑bedroom/one‑bathroom units, and 1 two‑bedroom/two‑bathroom unit
- Approximately 14,561 square feet of building area on a 13,162‑square‑foot lot
- Built in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,298
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,685,960
$4.7M
Cap Rate 7%
$3,347,114
$3.3M
Cap Rate 9%
$2,603,311
$2.6M
Market Conditions
NOI Build-Up for 14,561 SF
Gross rent
$463.0K $31.80/SF
− Vacancy
−$37.0K −$2.54/SF
EGI
$426.0K $29.26/SF
− OpEx
−$191.7K −$13.17/SF
NOI
$234.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,685,960
Cap Rate 7%
$3,347,114
Cap Rate 9%
$2,603,311
Alternative Uses
Best Use
Apartment 5plus
$3.35M
$2.93M – $3.90M
NOI $234,298 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.80M
$6.82M – $9.10M
NOI $545,713 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
25
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
Explore this area
Business Placement
Demographics for 90250, CA
97,653
Population
34,105
Households
2.9
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
6.8 sq mi
ZIP Area
14,361
Density / Sq Mi
$74,923
Median Household Income
$40,288
Median Earnings
$1,723
Median Rent
$827,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The building combines studio apartments with one- and two-bedroom units.
Where is this apartment building located?
The property is located at 11520 Menlo Avenue Hawthorne, CA.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: 25 apartment units: 7 studios, 17 one‑bedroom/one‑bathroom units, and 1 two‑bedroom/two‑bathroom unit; Approximately 14,561 square feet of building area on a 13,162‑square‑foot lot; Built in 1972
