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11950 Acacia Avenue

Hawthorne, 90250

0 Bd
0 Ba
6,623 Lot
$1,980,000 SOLD Price | Closed 9/20/23
Closed Status
41 Days on Market
Jul 17 First Day Active
$2,195,000 Start Price

Description

Welcome to the vibrant city of Hawthorne, where an outstanding investment opportunity awaits! This exquisitely remodeled 6-unit building showcases a perfect blend of modern beach aesthetics. The recent renovation spared no expense, resulting in a truly remarkable property. Upgrades encompass new windows, a refreshed exterior, updated plumbing, and modern styling in both the kitchens and bathrooms. Not only does the building boast an eye-catching appearance, but it also offers enhanced functionality and comfort for its residents. Investing in this beautifully remodeled 6-unit building in Hawthorne not only offers a visually stunning property but also presents an opportunity in a prime location with strong rental potential. Cash flow from day 1 with over a 5.2% Cap. Don't let this golden chance slip through your fingers. Unlock the extraordinary possibilities that await you in this exceptional investment opportunity!

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Property Details for 11950 Acacia Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Devin Jensen
Listing Brokered By
Jensen Realty
Type
Residential Income, Mixed Use
Year Built
1962 (Assessor)
MLS Area
108 - North Hawthorne

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
41 DOM
Combined DOM*
41
First Date Active
July 17th, 2023
Closing Date
September 20th, 2023
Sold Price
$1,980,000
Orig. List Price
$2,195,000
MLS® #
SB23131772
APN
4047029012
Special
Standard

Home Interior Information

Levels/Stories
Two
Heating
Forced Air
Appliances
Dryer, Washer
Fireplaces
Gas

Room Information

Laundry
CommonArea, WasherHookup, ElectricDryerHookup, GasDryerHookup, Inside, LaundryCloset, InKitchen

Exterior Information

Lot Description
Front Yard, Landscaped, Rectangular Lot
Lot Size (sq. ft.)
6,623
Lot Size (acres)
0.15
Pool
None
Parking Spaces
6

Utilities Information

Water Source
Public

Additional Information

Zoning
HAR3YY

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
108 - North Hawthorne
City/State
Hawthorne
Zip Code
90250
County
Los Angeles
# of Units
6
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Listing/Price History

11950 Acacia Avenue, Hawthorne, (MLS® #SB23131772)

Date Details Price Change
Closed $1,980,000
Pending (from Active)
Price Reduced (from $2,195,000) $2,100,000 $95,000 (4.33%)
First Day Active $2,195,000
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Listing Summary

Quick Summary of 11950 Acacia Avenue: This home in Hawthorne is priced at $2,100,000 . The Mixed Use residence was originally built in 1962 and was listed on July 17th, 2023 at $2,195,000, showing 41 Days on Market currently. Contact Dave Fratello today for more information or to go see 11950 Acacia Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of July 18th, 2024 at 4:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.