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11703 Truro Avenue $2,845,000

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    11703 Truro Avenue Hawthorne, CA 90250

    Active Under Contract
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    • 14 Beds
    • 12 Baths
    • 8,208 sq. ft.
    • Multi-Family
    • MLS# 22199165
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    Views: 6 Days On Market: 86

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    Property Details

    Highly Desirable Hawthorne Location - West of Hawthorne Boulevard 1987 Construction Significant Value-Add Potential - Approximately 38% in Rental Upside 7.38% Pro-Forma Cap Rate & 10.31 Pro-Forma GRM No Local Rent Control - Defaults to AB 1482 Approximately 1.5 Miles to SpaceX and El Segundo & 2 Miles to SoFi Stadium Outstanding Unit Mix of (Two) 3-Bed/2-Bath Townhouse Units and (Eight) 1-Bed/1-Bath Plus Loft Units Large 9,981-Square Foot Lot Eighteen Covered Parking Spaces & an On-Site Laundry Facility 4.82% Current CAP Rate & 14.22 Current GRM Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies

    • General Features
      • Buyer Compensation 2.000 %
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Number Of Separate Electric Meters 10
      • Number Of Separate Gas Meters 10
      • Number Of Units Total 10
      • One-Qtr Bathrooms 0
      • Three-Qtr Bathrooms 0
      • YearBuilt 1987
    • Building Features
      • Bedrooms Total 14
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Laundry Features Community,Individual Room
      • Living Area 8208.00
    • Property Features
      • Lot Size Acres 0.22
      • Parking Total 18.00

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    Neighborhood

    90250 (Hawthorne) Demographics

    33 Median Age
    14,178 Population Density (per sq. mile)
    31% College Educated
    $60,162 Estimated Median Income
    9,874 Estimated Total Home Owners
    20,967 Estimated Total Renters
    32% / 68% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    95,115 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $855,000 Median Sales Price
    18 Homes Sold
    14 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,845,000
        11/14/2022 9:03:08 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        10/31/2022 5:17:44 PM Status Changed Source: Multiple Listing Service New Value: Active
        10/31/2022 5:17:44 PM Price Reduced Source: Multiple Listing Service New Value: $2,845,000 -11.09%
        10/21/2022 8:35:23 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        9/27/2022 7:16:58 PM Price Reduced Source: Multiple Listing Service New Value: $3,200,000 -7.25%
        9/13/2022 1:34:00 PM New in Database Source: Multiple Listing Service New Value: $3,450,000

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/8/2022 4:05:11 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.