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11720 Inglewood Ave
Hawthorne, CA 90250

$2,400,000 USD

Congregate Senior Housing For Sale  •  5,400 SF

Property Details

  • Property Type Congregate Senior Housing
  • Total Building Size 5,400 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1941
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning C
53 Transit Score
76 Walk Score

Description

KW Huntington Beach proudly presents this Triple Net Commercial Investment property (Net Income $192,000; 7.38 cap rate) featuring an extraordinary 5,500 square feet freestanding building situated in the City of Hawthorne. The property offers an exceptional opportunity in a coveted location, with ample parking, and a recently completed high-end renovation. The property is currently occupied with a Triple Net tenant operating as a preschool/daycare with a conditional use permit in place, it allows for the operation of a school, preschool, or daycare of up to 150 students and 11 staff. Other uses such as yoga studio, dance school, MMA gym, physical therapist, personal training gym, religious institutions, etc. as well a wide range of professional services would also work well in the building. Prospective buyers are advised to verify approved uses and zoning with the City of Hawthorne.
Cap Rate: 8.00 %

Public Transportation

Transit/SubwayDriveWalkDistance
Hawthorne Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 4 min 18 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 8 min - 4.1 mi
Long Beach (Daugherty Field) 23 min - 17.2 mi
Bob Hope 37 min - 27.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Dean Flowers 213-616-7808 The Urban Company
Dean Flowers 213-616-7808 The Urban Company