Detached Triplex With
For Sale
$1,275,000
11612 Cimarron Ave, Hawthorne, CA 90250
Three separate residences include a large five-bedroom, three-bathroom unit and shared coin-operated laundry.
Property Size3,781 SF
Price / SF$337.21
Days on Market101
Property Features for 11612 Cimarron Ave
General Information
Standard status
Active
Size
3,781 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Amenities
garage
coin laundry
Building Details
Buildings
3
Listing Agency:
EstateX inc.
(310) 361-1885
Listed By:
Guinevere Gandolfo Scaldaferri
(310) 361-1885
Source:
Exprealty
Added: May 25
Changed: Aug 30
Last Checked: Sep 2 at 12:05AM
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 EstateX inc.
Investment Insights
Based on property information with market context.
This triplex consists of 3 detached residential units, including a substantially sized 5BD/3BA residence. Two units are occupied, and the property includes a garage and coin-operated laundry. Remodeling has been completed in portions of the property, while additional improvements are contemplated through permits currently moving through the approval process.
The stated 3,781 SF is based on architectural development plans submitted to the city for owner improvements. That figure may differ from public records until city assessment and approval are complete. An existing mortgage with an approximately 2.46% APR may be transferable with seller approval, subject to applicable terms and qualification. Buyers should independently verify property details, plans, permits, occupancy, and financing during due diligence.
The stated 3,781 SF is based on architectural development plans submitted to the city for owner improvements. That figure may differ from public records until city assessment and approval are complete. An existing mortgage with an approximately 2.46% APR may be transferable with seller approval, subject to applicable terms and qualification. Buyers should independently verify property details, plans, permits, occupancy, and financing during due diligence.
Key Highlights
- 3 detached residential units
- Large 5BD/3BA unit included
- 2 units currently occupied
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
$66,030
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
5.18%
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%
$1,320,600
$1.3M
Cap Rate 7%
$943,286
$943.3K
Cap Rate 9%
$733,667
$733.7K
Market Conditions
NOI Build-Up for 3,781 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
$102.1K $27.00/SF
− Vacancy
−$7.8K −$2.05/SF
EGI
$94.3K $24.95/SF
− OpEx
−$28.3K −$7.48/SF
NOI
$66.0K $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%
$1,320,600
Cap Rate 7%
$943,286
Cap Rate 9%
$733,667
Alternative Uses
Best Use
Multifamily LT 5
$943.3K
$825.4K – $1.10M
NOI $66,030 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$869.1K
$760.5K – $1.01M
NOI $60,839 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,703 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
764
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 - Three separate residences include a large five-bedroom, three-bathroom unit and shared coin-operated laundry.
Where is this triplex located?
The property is located at 11612 Cimarron Ave Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 3 detached residential units; Large 5BD/3BA unit included; 2 units currently occupied
