Value-Add 7-Unit
11966 Oxford Avenue Hawthorne, CA 90250
11966 Oxford Avenue, Hawthorne, CA, 90250
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For Sale
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Built in 1962, this 7-unit property offers a mix of one-, two-, and three-bedroom units plus covered carport parking and on-site laundry.
Property Size6,314 SF
Lot Size0.20 Acres
Price / SF$300.13
Days on Market57
Property Features for 11966 Oxford Avenue
General Information
- Standard status
- Active
- Size
- 6,314 SF
- Lot size
- 0.20 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing agency
Morgan Skenderian Investment Real Estate Group
Listed by
Ken Morgan · License #01220368
Source
Crexi
Added: May 27 Updated: Jul 21 at 7:57PM Checked: Jul 21 at 7:57PM
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 Morgan Skenderian Investment Real Estate Group
Investment Insights
Based on property information with market context.
This 7-unit multifamily property was built in 1962 and totals 6,314 square feet of rentable space. The unit mix includes two one-bedroom/one-bath units, four two-bedroom/one-bath units, and one three-bedroom/two-bath unit. The property provides seven covered carport parking spaces and includes an on-site laundry facility.
Significant infrastructure improvements have already been completed, including updated copper plumbing, a newer sewer line, and upgraded electrical panels. The improvements help reduce near-term capital exposure and provide a foundation for future interior upgrades and lease repositioning.
Set on an 8,741 square foot lot, the asset is offered for sale as a value-add opportunity with operational stability and room for enhanced performance through interior and leasing execution.
Significant infrastructure improvements have already been completed, including updated copper plumbing, a newer sewer line, and upgraded electrical panels. The improvements help reduce near-term capital exposure and provide a foundation for future interior upgrades and lease repositioning.
Set on an 8,741 square foot lot, the asset is offered for sale as a value-add opportunity with operational stability and room for enhanced performance through interior and leasing execution.
Key Highlights
- 7‑unit multifamily property built in 1962 with 6,314 SF of rentable space on an 8,741 SF lot
- Unit mix: 2 one‑bedroom/one‑bath, 4 two‑bedroom/one‑bath, and 1 three‑bedroom/two‑bath unit
- 7 covered carport parking spaces plus an on‑site laundry facility
Local 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 | $200.8k | $31.80 |
| − Vacancy | −$16.1k | −$2.54 |
| EGI | $184.7k | $29.26 |
| − OpEx | −$83.1k | −$13.17 |
| NOI | $101.6k | $16.09 |
6,314 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,597 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.38M
$2.96M – $3.94M
NOI $236,634 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Car Title Loans ...
Loan Service
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FAQs
What type of property is this?
Apartment building - Built in 1962, this 7-unit property offers a mix of one-, two-, and three-bedroom units plus covered carport parking and on-site laundry.
Where is this apartment building located?
The property is located at 11966 Oxford Avenue Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 7‑unit multifamily property built in 1962 with 6,314 SF of rentable space on an 8,741 SF lot; Unit mix: 2 one‑bedroom/one‑bath, 4 two‑bedroom/one‑bath, and 1 three‑bedroom/two‑bath unit; 7 covered carport parking spaces plus an on‑site laundry facility
