Renovated 8-Unit Apartment
11936 Grevillea Avenue Hawthorne, CA 90250
For Sale
Contact for pricing
Eight-unit apartment building on a 7,733-SF lot with renovated interiors, upgraded electrical, newer roof, and on-site laundry.
Property Size5,971 SF
Lot Size0.18 Acres
Price / SF$355.89
Days on Market39
Property Features for 11936 Grevillea Avenue
General Information
- Standard status
- Active
- Size
- 5,971 SF
- Lot size
- 0.18 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing Agency:
Shield Commercial Real Estate
Listed By:
Jonathan Nikfarjam · License #CA 01856803
Source:
Crexi
Added: Jun 16
Changed: Jul 23
Last Checked: Jul 23 at 3:53PM
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 Shield Commercial Real Estate
Investment Insights
Based on property information with market context.
This 8-unit apartment building is situated on a 7,733-SF lot and features a unit mix of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and five 1-bedroom/1-bath units. Six of the units have been renovated. Updates include upgraded electrical subpanels in all units, a newer roof installed in 2021 with a 30-year materials warranty, and a newer hot water heater installed in 2022. The property also includes on-site laundry and a total of 7 parking spaces.
The building is located west of Hawthorne Boulevard. Nearby destinations include Intuit Dome and Northrup Grumman (approximately 1.5 miles), and SoFi Stadium (approximately 2 miles).
The income approach is supported by in-place rents and laundry amenities, with seller financing available at 5.0% interest-only for 12–18 months with 40% down.
The building is located west of Hawthorne Boulevard. Nearby destinations include Intuit Dome and Northrup Grumman (approximately 1.5 miles), and SoFi Stadium (approximately 2 miles).
The income approach is supported by in-place rents and laundry amenities, with seller financing available at 5.0% interest-only for 12–18 months with 40% down.
Key Highlights
- 8‑unit apartment building on a 7,733‑SF lot in Hawthorne, west of Hawthorne Boulevard
- Unit mix: one 3 bed/2 bath, two 2 bed/1 bath, and five 1 bed/1 bath; six units have been renovated
- Upgraded electrical subpanels in all units
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $189.9k | $31.80 |
| − Vacancy | −$15.2k | −$2.54 |
| EGI | $174.7k | $29.26 |
| − OpEx | −$78.6k | −$13.17 |
| NOI | $96.1k | $16.09 |
5,971 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $96,078 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.20M
$2.80M – $3.73M
NOI $223,780 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Eight-unit apartment building on a 7,733-SF lot with renovated interiors, upgraded electrical, newer roof, and on-site laundry.
Where is this apartment building located?
The property is located at 11936 Grevillea Avenue Hawthorne, CA.
What is the asking price?
The asking price for this property is $2,125,000.
What are key features of this property?
This property features: 8‑unit apartment building on a 7,733‑SF lot in Hawthorne, west of Hawthorne Boulevard; Unit mix: one 3 bed/2 bath, two 2 bed/1 bath, and five 1 bed/1 bath; six units have been renovated; Upgraded electrical subpanels in all units
