Renovated Triplex with Private
New
For Sale
$1,199,000
11538 Eucalyptus Ave, Hawthorne, CA 90250
Updated three-unit property with private outdoor areas and in-unit laundry hookups.
Property Size2,652 SF
Days on Market4
Property Features for 11538 Eucalyptus Ave
General Information
Standard status
Active
Size
2,652 SF
Total Parking Spaces
3
Property subtype
Investment
Zoning
R-3
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Amenities
washer/dryer hookups
ceiling fans
private fenced yard
private deck
individually metered gas and electric
fireplace
soundproofed ceilings
LVP flooring
stainless steel appliances
garden tub
Building Details
Building Size
2,652 SF
Year Built
1926
Units
3
Listing Agency:
(818) 469-1272
Listed By:
Daniel Brooks
(818) 469-1272
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 8:09AM
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 Daniel Brooks
Investment Insights
Based on property information with market context.
This renovated triplex contains three 2-bedroom, 1-bath residences, with two units currently vacant. Each unit offers two security-screened entrances, washer/dryer hookups, a private single-car garage, bedroom ceiling fans, modern kitchens and bathrooms, and individually metered gas and electric service. Private fenced yards or decks accompany the residences, while the property sits on a fully fenced corner lot.
Unit A is a semi-detached home with front and rear fenced yards, mature fruit trees, a fireplace, dining room, large kitchen, and garden tub. Unit B is a downstairs apartment with soundproofed ceilings, LVP flooring, a fenced front yard, and a spacious living room. Unit C is an upstairs apartment with a contemporary galley kitchen, stainless steel appliances, remodeled bathroom, and private observation deck.
Located at 11538 Eucalyptus Ave in Hawthorne, the property is adjacent to a large city parking lot and includes access to ample street parking. It is zoned R-3 and was built in 1926.
Unit A is a semi-detached home with front and rear fenced yards, mature fruit trees, a fireplace, dining room, large kitchen, and garden tub. Unit B is a downstairs apartment with soundproofed ceilings, LVP flooring, a fenced front yard, and a spacious living room. Unit C is an upstairs apartment with a contemporary galley kitchen, stainless steel appliances, remodeled bathroom, and private observation deck.
Located at 11538 Eucalyptus Ave in Hawthorne, the property is adjacent to a large city parking lot and includes access to ample street parking. It is zoned R-3 and was built in 1926.
Key Highlights
- Three 2‑bedroom, 1‑bath units; two are currently vacant
- Private single‑car garage provided for each unit
- In‑unit washer/dryer hookups and individually metered gas and electric
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,313
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$926,260
$926.3K
Cap Rate 7%
$661,614
$661.6K
Cap Rate 9%
$514,589
$514.6K
Market Conditions
NOI Build-Up for 2,652 SF
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.
Gross rent
$71.6K $27.00/SF
− Vacancy
−$5.4K −$2.05/SF
EGI
$66.2K $24.95/SF
− OpEx
−$19.8K −$7.48/SF
NOI
$46.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$926,260
Cap Rate 7%
$661,614
Cap Rate 9%
$514,589
Alternative Uses
Best Use
Multifamily LT 5
$661.6K
$578.9K – $771.9K
NOI $46,313 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$609.6K
$533.4K – $711.2K
NOI $42,673 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,391 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,583
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Updated three-unit property with private outdoor areas and in-unit laundry hookups.
Where is this triplex located?
The property is located at 11538 Eucalyptus Ave Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three 2‑bedroom, 1‑bath units; two are currently vacant; Private single‑car garage provided for each unit; In‑unit washer/dryer hookups and individually metered gas and electric
