Six-Unit Apartment
New
For Sale
$1,699,000
11626 Cedar Avenue, Hawthorne, CA 90250
Four two-bedroom and two three-bedroom residences include recent upgrades and dedicated garage and driveway parking.
Property Size5,926 SF
Lot Size0.18 Acres
Price / SF$286.70
Days on Market5
Property Features for 11626 Cedar Avenue
General Information
Standard status
Active
Size
5,926 SF
Total Parking Spaces
12
Lot size
0.18 Acres
Property subtype
Mixed Use
Financials
Asking Price
$1,699,000
Cap Rate
5.68%
Gross Rent Multiplier
10.45
Site & Location
Neighborhood
Imperial-Prairie
Highway Access
Yes
Units
Unit Mix
4 x 2BR/1BA, 2 x 3BR/2BA
Multifamily Units
6
Building Details
Building Size
5,926 SF
Year Built
1963
Listing Agency:
Lyon Stahl Investment Real Est
Listed By:
Woody Stahl · License #01399621
(310) 710-3829
Source:
Truthrealty
Added: Oct 28
Changed: Oct 31
Last Checked: Oct 30 at 3:01PM
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 Lyon Stahl Investment Real Est
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Investment Insights
Based on property information with market context.
This 1963 apartment property contains six residences across 5,926 square feet of building area on a 7,661-square-foot lot. The layout comprises four two-bedroom, one-bath units and two three-bedroom, two-bath units. Improvements include updated vinyl windows, a roof replaced in 2020, exterior painting completed in 2022, and deck work in 2023. One three-bedroom residence received a full renovation in 2026, including an in-unit washer and dryer.
On-site parking consists of six garage spaces and six driveway spaces. The property is in Hawthorne, with access to the 105 and 405 freeways. Nearby destinations include LAX, El Segundo, SoFi Stadium, Intuit Dome, Hollywood Park, and the beaches of Manhattan Beach, Hermosa Beach, and Redondo Beach. The surrounding employment base includes aerospace and technology industries.
On-site parking consists of six garage spaces and six driveway spaces. The property is in Hawthorne, with access to the 105 and 405 freeways. Nearby destinations include LAX, El Segundo, SoFi Stadium, Intuit Dome, Hollywood Park, and the beaches of Manhattan Beach, Hermosa Beach, and Redondo Beach. The surrounding employment base includes aerospace and technology industries.
Key Highlights
- Six units: four 2‑bedroom/1‑bath and two 3‑bedroom/2‑bath residences
- 5,926 square feet of improvements on a 7,661‑square‑foot lot
- Six garage spaces plus six driveway parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,354
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,907,080
$1.9M
Cap Rate 7%
$1,362,200
$1.4M
Cap Rate 9%
$1,059,489
$1.1M
Market Conditions
NOI Build-Up for 5,926 SF
Gross rent
$188.4K $31.80/SF
− Vacancy
−$15.1K −$2.54/SF
EGI
$173.4K $29.26/SF
− OpEx
−$78.0K −$13.17/SF
NOI
$95.4K $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%
$1,907,080
Cap Rate 7%
$1,362,200
Cap Rate 9%
$1,059,489
Alternative Uses
Best Use
Apartment 5plus
$1.36M
$1.19M – $1.59M
NOI $95,354 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.17M
$2.78M – $3.70M
NOI $222,093 @ 7.0% cap · market cap 13.07%
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
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,108
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 - Four two-bedroom and two three-bedroom residences include recent upgrades and dedicated garage and driveway parking.
Where is this apartment building located?
The property is located at 11626 Cedar Avenue Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Six units: four 2‑bedroom/1‑bath and two 3‑bedroom/2‑bath residences; 5,926 square feet of improvements on a 7,661‑square‑foot lot; Six garage spaces plus six driveway parking spaces
