11423 Eucalyptus Ave, Hawthorne, California 90250, Hawthorne, 90250 - bed, bath
ACTIVE$1,315,000
11423 Eucalyptus Ave, Hawthorne, California 90250
0Bed
0Bath
4,208Sqft
6,019Lot
Year Built
1963
Close
-
List price
$1.31M
Original List price
$1.31M
Price/Sqft
$313
HOA
-
Days on market
-
Sold On
-
MLS number
DW25109835
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.31M(79th), sqft - 4208(79th), beds - undefined(50th), baths - undefined(50th).
Fantastic investment opportunity. fourplex located in a desirable north Hawthorne location. This income-producing property features four units: (1) 3BD -2BA and (3) 2BD -1.5BA each with separate entrances and metered utilities. Units features: 1 unit recently update paint kitchen ,and plumbing on-site laundry, off-street parking, private covered patios, Steady rental history with strong cash flow potential—perfect for both investors and owner-occupants looking to live in one and rent the others. Conveniently located near schools, freeways, public transit, minutes away to LAX, Manhattan beach, Sofi Stadium Don’t miss this opportunity to own multifamily asset in a growing area
Nearby schools
4/10
Eucalyptus School
Public,•K-5•0.5mi
6/10
Buford Elementary School
Public,•K-5•0.5mi
6/10
Moffett Elementary School
Public,•K-5•0.6mi
5/10
York School
Public,•K-5•0.9mi
6/10
Washington School
Public,•K-5•1.2mi
5/10
Bennett/Kew Elementary School
Public,•K-5•1.5mi
5/10
Kornblum School
Public,•K-5•1.7mi
5/10
Lennox Middle School
Public,•6-8•0.4mi
6/10
Hawthorne Middle School
Public,•6-8•1.2mi
5/10
Prairie Vista Middle School
Public,•6-8•1.8mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.9mi
4/10
Hawthorne High School
Public,•9-12•1.0mi
2/10
Morningside High School
Public,•9-12•1.6mi
5/10
Leuzinger High School
Public,•9-12•2.0mi
4/10
Lawndale High School
Public,•9-12•2.3mi
Price History
Date
Event
Price
08/18/10
Sold
$469,000
Condition Rating
Poor
Built in 1963, this fourplex is over 60 years old. While the listing mentions one unit received recent paint, kitchen, and plumbing updates, the images show that even this unit's kitchen retains old floor tiling, and the bathroom is significantly dated with original-era fixtures and tile. The other three units are implied to be in a similar or worse condition. The property requires substantial rehabilitation to modernize the interiors, especially the kitchens and bathrooms, and likely needs major system overhauls (e.g., HVAC, electrical, plumbing) for the entire building, as indicated by its age and the noted absence of central air conditioning.
Pros & Cons
Pros
Income-Generating Asset: This fourplex is explicitly marketed as an income-producing property with strong cash flow potential and a steady rental history, ideal for investors or owner-occupants.
Desirable Location: Situated in a desirable North Hawthorne location, offering convenient access to schools, freeways, public transit, LAX, Manhattan Beach, and Sofi Stadium, enhancing rental demand and property value.
Individual Unit Management: Each of the four units features separate entrances and individually metered utilities, simplifying property management and ensuring tenants are responsible for their own utility consumption.
Tenant-Friendly Amenities: The property provides valuable on-site amenities such as laundry facilities, off-street parking, and private covered patios, which are attractive features for prospective tenants.
Recent Unit Updates: One of the four units has recently undergone updates including paint, kitchen, and plumbing, which can command higher rent and reduce immediate capital expenditure for that specific unit.
Cons
Property Age & Potential CAPEX: Built in 1963, the property is over 60 years old, suggesting potential for significant capital expenditures on major systems (e.g., roof, plumbing, electrical) for the overall building in the near future.
Inconsistent Unit Condition: Only one unit is noted as recently updated, implying the other three units may require substantial renovation or modernization to maximize rental income and tenant appeal.
Absence of Central Air Conditioning: As an older build, it is likely the property lacks central air conditioning, which could be a significant drawback for tenant comfort and marketability, especially during warmer months in California.