90250 Homes with Multi Level Stories

90250 Homes with Multi Level Stories

Located in the vibrant city of Hawthorne, California, the zip code 90250 offers a diverse range of real estate opportunities. Situated in Los Angeles County, this area is known for its thriving community and convenient proximity to major attractions. Homebuyers seeking a property in this region will find an array of options, including homes with multi-level stories.

The homes with multi-level stories in the 90250 zip code are a popular choice among buyers for several reasons. Firstly, these properties offer ample space and privacy, making them ideal for families or individuals who value their personal space. With multiple levels, these homes often feature separate living areas, bedrooms, and recreation spaces, ensuring everyone has their own designated area.

Additionally, homes with multi-level stories often provide stunning views of the surrounding area. Whether it's the city skyline, lush greenery, or distant mountains, these properties allow residents to enjoy breathtaking vistas from different vantage points within their homes.

Furthermore, multi-level homes offer a unique architectural design that adds character and charm to the property. With various levels, staircases, and open-plan layouts, these homes create an inviting and dynamic atmosphere, perfect for entertaining guests or simply enjoying a comfortable lifestyle.

If you're in the market for a home in Hawthorne's 90250 zip code, exploring the options of homes with multi-level stories can provide you with a spacious and stylish living space that meets your needs and preferences.

Newest 90250 Homes with Multi Level Stories

11520 Menlo Avenue, Hawthorne
$5,400,000
19 Beds ⋅ 26 Baths ⋅ 26105143 MLS ⋅ Active Status
We are pleased to present 11520 Menlo Avenue, a 25-unit multifamily investment opportunity located in the desirable South Bay rental market of Hawthorne, California. Built in 1972, the property consists of approximately 14,561 square feet of building area situated on a 13,162-square-foot lot. The property offers an attractive unit mix consisting of one (1) two-bedroom/two-bathroom unit, seventeen (17) one-bedroom/one-bathroom units, and seven (7) studio units. The property has benefited from substantial capital improvements in recent years, including a complete copper repipe (2019), replacement of all drain lines (2024), pitched roof replacements (2019), deck improvements (2023), and exterior painting (2024). These significant infrastructure upgrades represent meaningful investments in the property and may help minimize future capital expenditure requirements. Select units have also been renovated with updated kitchens and bathrooms, modern countertops, upgraded flooring, and refreshed finishes. Offered at $5,400,000, the property provides investors with an attractive 6.12% current capitalization rate and a projected 7.19% pro forma capitalization rate, offering immediate cash flow with additional rental upside. The property is subject to California's statewide rent stabilization regulations under AB 1482 rather than a more restrictive local rent control ordinance, providing investors with greater flexibility for future rental growth, subject to applicable laws. Strategically located in the heart of the South Bay's aerospace and technology employment corridor, 11520 Menlo Avenue offers convenient access to some of Southern California's most prominent employers. The property is situated near SpaceX's extensive Hawthorne operations, along with Amazon's Ring facilities and other technology and advanced manufacturing employers. Nearby El Segundo and Redondo Beach are home to major aerospace and defense companies, including Northrop Grumman, Boeing, RTX (formerly Raytheon), and The Aerospace Corporation. The property also benefits from proximity to Los Angeles International Airport (LAX), the I-105 and I-405 freeways, and the neighboring coastal communities of Manhattan Beach, Hermosa Beach, and Redondo Beach. This concentration of major employers, combined with convenient regional accessibility, supports the property's appeal to a broad tenant base and long-term rental demand. With its extensive capital improvements, favorable unit mix, attractive in-place returns, and additional income potential, 11520 Menlo Avenue presents an excellent opportunity to acquire a sizable multifamily investment in the South Bay.

11520 Menlo Avenue, Hawthorne

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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