|
This 4-unit apartment building at 11537 Birch Ave presents a compelling investment opportunity in the growing Hawthorne rental market. Situated on a 7,279 SF lot with 4,780 rentable square feet, the property features a well-balanced unit mix, including (1) 3-Bed/2-Bath, (2) 1-Bed/1-Bath, and (1) detached 3-Bed/2-Bath home, creating an attractive option for both investors and owner-users. At current operations, the building produces a 4.87% CAP rate, priced at $375,000 per unit and $313.81 per square foot, with a 12.92 GRM. With market rents projected at $127,200 annually versus the current $116,090, investors can achieve a pro forma market CAP rate of 5.42% and a market GRM of 11.79. Unit D has been newly renovated from top to bottom. The unit features a brand-new modern kitchen with sleek cabinetry and quartz-style countertops. Complemented by new flooring throughout, reglazed bathrooms, and fresh interior paint. The result is a bright, contemporary living space that commands top-of-market rent and immediately impresses prospective tenants. With all the work already done, this turnkey unit provides an investor or owner-user with instant value and long-term durability. Additional features include (2) private two-car garages, providing immediate lease-up potential and flexibility for a new owner. Investors may also explore long-term upside through ADU development or potential SB9 lot split/additional units (buyer to verify). Centrally located in Hawthorne, the property benefits from proximity to major employment hubs and convenient freeway access, ensuring strong rental demand and long-term appreciation potential.
| Last Updated | 11/7/2025 | Year Built | 1960 |
|---|---|---|---|
| Community | 108 - North Hawthorne | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Dryer |
|---|---|
| AREA | 108 - North Hawthorne |
| GARAGE | Yes |
| LOT | 7279 sq ft |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.