11626 Cedar AVE, Hawthorne, CA 90250
11626 Cedar AVE, Hawthorne, CA 90250
11626 Cedar AVE, Hawthorne, CA 90250
11626 Cedar AVE, Hawthorne, CA 90250
11626 Cedar AVE, Hawthorne, CA 90250
11626 Cedar AVE, Hawthorne, CA 90250
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$ 1,625,000
Est. payment | /mo

7,662 Sqft Lot


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$ 1,625,000
Est. payment | /mo
Save

7,662 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26232109

HOA Y/N No

Year Built 1963

Lot Size 7,662 Sqft

Property Sub-Type Mixed Use

Property Description

11626 Cedar Avenue presents an attractive six-unit multifamily investment opportunity in a desirable pocket of Hawthorne. Offered at $1,625,000, the property features a 6.79% CAP rate following rent increases (five of the six units are eligible for 8.7% rent increases effective February 1, 2027). The unit mix consists of four 2-bedroom/1-bath units and two 3-bedroom/2-bath units, providing a desirable combination of spacious floor plans.

Built in 1963, the property consists of 5,926 square feet of improvements situated on a 7,661-square-foot lot. Recent capital improvements include updated vinyl windows, a complete roof replacement in 2020, exterior painting in 2022, and deck improvements in 2023. Additionally, one of the 3-bedroom units underwent a complete renovation in 2026, including the installation of an in-unit washer/dryer. The building offers ample on-site parking with six garage spaces and six additional driveway spaces. Current rents offer approximately 15% rental upside based on projected market rents, providing new ownership with an opportunity to increase income over time.

Ideally located in Hawthorne, the property provides convenient access to major employment centers throughout the South Bay, including LAX, El Segundo, and the surrounding aerospace and technology industries. Residents also benefit from proximity to the 105 and 405 freeways, as well as SoFi Stadium, Intuit Dome, Hollywood Park, and the beaches of Manhattan Beach, Hermosa Beach, and Redondo Beach.

Offered at an attractive $274.22 per building square foot, 11626 Cedar Avenue combines strong income potential, recent capital improvements, a desirable unit mix, ample parking, and long-term rental growth potential in an established South Bay rental market.

Location

State CA

County Los Angeles

Area 108 - North Hawthorne

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking, Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4047013007

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Woody Stahl Lyon Stahl Investment Real Est broker@lyonstahl.com, DRE #01399621

Nearby Locations

Charles Sheldrake

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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11626 Cedar AVE

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