Renovated Triplex with
For Sale
Under Contract
$1,199,000
11538 Eucalyptus Avenue, Hawthorne, CA 90250
Triplex, Hawthorne, CA
Property Size2,652 SF
Lot Size0.14 Acres
Price / SF$452.11
Days on Market31
Property Features for 11538 Eucalyptus Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
HAR3YY
Parking features
Covered, Driveway, Garage
Interior features
Balcony, Granite Counters, Copper Plumbing Partial
Appliances
Refrigerator, Gas Water Heater, Gas Oven, Gas Cooktop
View
Other, City
Subdivision
108 - North Hawthorne
Standard status
Active Under Contract
APN
4044005001
Size
2,652 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Amenities
fully fenced lot
washer/dryer hookups
ceiling fans
individually metered gas and electric
private fenced yard or deck
fireplace
soundproofed ceilings
LVP flooring
stainless steel appliances
private observation deck
security-screened entrances
mature fruit trees
Building Details
Year built
1926
Floors in Building
2
Flooring type
Vinyl, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX Gold Coast REALTORS · RE/MAX International
(805) 339-3500
Listed By:
Daniel Brooks
(818) 469-1272
Added: Aug 5
Changed: Sep 4
Last Checked: Sep 4 at 1:06PM
MLS# V1-38032
Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated triplex at 11538 Eucalyptus Avenue contains three 2-bedroom, 1-bath units totaling 2,652 square feet on a 0.14-acre corner lot. Each residence includes two security-screened entrances, washer and dryer hookups, a private single-car garage, bedroom ceiling fans, and a fenced yard or deck. Kitchens and bathrooms have been modernized, with exhaust ventilation serving the exterior or roof. Gas and electric service are individually metered.
Unit A is a semi-detached house 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 a fenced front yard, soundproofed ceilings, LVP flooring, and a spacious living room. Unit C is upstairs and features a contemporary galley kitchen with stainless steel appliances, a remodeled bathroom, and a private observation deck.
Two units are vacant. The property was built in 1926 and includes covered parking, driveway parking, public water, public sewer, and a shingle roof.
Unit A is a semi-detached house 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 a fenced front yard, soundproofed ceilings, LVP flooring, and a spacious living room. Unit C is upstairs and features a contemporary galley kitchen with stainless steel appliances, a remodeled bathroom, and a private observation deck.
Two units are vacant. The property was built in 1926 and includes covered parking, driveway parking, public water, public sewer, and a shingle roof.
Key Highlights
- Three 2‑bedroom, 1‑bath units totaling 2,652 square feet
- 0.14‑acre fully fenced corner lot in Hawthorne
- Each unit has a private single‑car garage and washer/dryer hookups
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
1,374
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 garages, fenced outdoor areas, and in-unit laundry hookups.
Where is this triplex located?
The property is located at 11538 Eucalyptus Avenue 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 totaling 2,652 square feet; 0.14‑acre fully fenced corner lot in Hawthorne; Each unit has a private single‑car garage and washer/dryer hookups
