11509 Inglewood Avenue, Hawthorne, California 90250, Hawthorne, 90250 - bed, bath
ACTIVE$1,200,000
11509 Inglewood Avenue, Hawthorne, California 90250
0Bed
0Bath
1,908Sqft
4,603Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Triplex: The property is a triplex, offering immediate potential for multiple rental income streams and a diversified investment portfolio.
Top Cons:
Age of Construction: Built in 1949, the property is likely to have original systems (plumbing, electrical, HVAC) and structural components that may require significant capital expenditure for updates or repairs.
Compared to the nearby listings
Price:$1.20M vs avg $965.0K (+$235,000)64%
Size:1,908 sqft vs avg 2,201 sqft36%
Price/sqft:$629 vs avg $48079%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this property is significantly aged. While it appears maintained, the interior, especially the kitchen and bathrooms, is very dated. The kitchen features basic, older white cabinets, worn laminate countertops, and older white appliances. Flooring throughout is older ceramic tile, and light fixtures are basic. The property is functional but requires substantial cosmetic updates and likely major system upgrades to meet modern standards, aligning with a property built over 20 years ago with renovations 15-30 years ago.
Year Built
1949
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$629
HOA
-
Days on market
-
Sold On
-
MLS number
DW24239604
Home ConditionFair
Features
Patio
View-
About this home
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•0.7mi
5/10
York School
Public,•K-5•1.0mi
6/10
Washington School
Public,•K-5•1.2mi
5/10
Bennett/Kew Elementary School
Public,•K-5•1.7mi
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•2.1mi
4/10
Hawthorne High School
Public,•9-12•0.9mi
2/10
Morningside High School
Public,•9-12•1.7mi
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
07/31/15
Sold
$525,000
11/06/01
Sold
$199,000
Condition Rating
Fair
Built in 1949, this property is significantly aged. While it appears maintained, the interior, especially the kitchen and bathrooms, is very dated. The kitchen features basic, older white cabinets, worn laminate countertops, and older white appliances. Flooring throughout is older ceramic tile, and light fixtures are basic. The property is functional but requires substantial cosmetic updates and likely major system upgrades to meet modern standards, aligning with a property built over 20 years ago with renovations 15-30 years ago.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, offering immediate potential for multiple rental income streams and a diversified investment portfolio.
Strategic Hawthorne Location: Situated in Hawthorne, an area experiencing significant growth and development, particularly with proximity to major employers like SpaceX, enhancing rental demand and long-term appreciation potential.
Established Property Type: As a triplex, it represents a proven residential income model, providing a stable investment opportunity for cash flow.
Ample Living Space: With 1908 square feet across the units, the property offers good living space, which can be attractive to a variety of tenants.
Proximity to Local Amenities: The property is conveniently located near several schools and likely other essential community services, contributing to its appeal for potential tenants.
Cons
Age of Construction: Built in 1949, the property is likely to have original systems (plumbing, electrical, HVAC) and structural components that may require significant capital expenditure for updates or repairs.
Lack of Modern Updates: The absence of mentioned recent renovations or modern amenities suggests the property may be dated and require substantial investment to meet current tenant expectations and maximize rental income.
Potential for Deferred Maintenance: Older income properties often come with a history of deferred maintenance, which could lead to unexpected and costly repairs for a new owner.