$1,420,000

11726 Freeman Ave Unit A Hawthorne, CA 90250

Estimated payment $9,262/month

Total Views 4,750
6 Beds
4 Baths
4,564 Sq Ft
$311 Price per Sq Ft

About This Home

11726 Freeman Avenue is a well-located 5-unit multifamily property in Hawthorne, California, offering investors an attractive value-add opportunity with over 20% potential upside in rents. Priced at a 11.90 GRM on current income, this asset provides a solid entry point into a high- demand rental market with strong fundamentals. The unit mix includes (1) 3BD/1.75BA, (3) 2BD/ 1BA, and (1) 1BD/1BA. The property offers on- site parking at a 1:1 ratio, ensuring convenience for all residents. Located in the heart of Hawthorne, the property benefits from proximity to major employment hubs such as Ring (an Amazon company), The Aerospace Corporation, and BAE Systems. The asset is just minutes from the 105 and 405 freeways, providing easy access to LAX, El Segundo, Silicon Beach, and Downtown Los Angeles, making it an ideal location for commuters and professionals. 11726 Freeman Avenue presents an excellent opportunity for investors to acquire a well- located asset with rental upside in a market supported by strong job growth and increasing tenant demand.

Listing Agent

Robert Stepp

Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #01456379 Listed on: 06/03/2025

Keller Williams Realty Downey

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,953 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 4,564 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Listing and Financial Details

  • Tax Lot 215
  • Tax Tract Number 6021
  • Assessor Parcel Number 4047012011
  • $1,656 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,414
  • Fuel Expense $2,413
  • Gardener Expense $720
  • Insurance Expense $4,109
  • Maintenance Expense $3,500
  • Other Expense $1,500
  • Pest Control $420
  • Professional Management Expense $5,787
  • Trash Expense $2,414
  • Water Sewer Expense $2,414
  • New Taxes Expense $18,821
  • Operating Expense $46,012
  • Gross Income $115,748
  • Net Operating Income $69,737

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 4.91
  • Price Per Unit: 284000
  • Professional Management Expense: 5787.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2413.50
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 4047012011
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 311.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Pest Control Expense: 420.00
  • Sewer: Public Sewer
  • Trash Expense: 2413.50
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6953.00
  • Lot Size Acres: 0.1596

Multi Family

  • Electric Expense: 2413.50
  • Fuel Expense: 2413.00
  • Gross Income: 115748.00
  • Gross Multiplier: 11.90
  • Gross Scheduled Income: 119328.00
  • Insurance Expense: 4109.00
  • Lot Size Area: 6953.0000 Square Feet
  • Maintenance Expense: 3500.00
  • Net Operating Income: 69737.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 46012.00
  • Other Expense: 1500.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Expenses: 46012.00

Tax Info

  • New Taxes Expense: 18821.00
  • Tax Census Tract: 6021.04
  • Tax Lot: 215
  • Tax Tract Number: 6021
  • TaxOtherAnnualAssessmentAmount: 1656.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $1,420,000 -- $311 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25124073

California Regional Multiple Listing Service (CRMLS)