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Millman Team Real Estate

$5,400,000
19 Bed
26 Bath
14,561 Sqft
0.30 Acre Lot

11520 Menlo Avenue, Hawthorne, California 90250

  • Residential Income Property Type
  • 14,561 Sqft Square Footage
  • Assigned Cars Garage
  • 1972 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
26105143
$5,400,000
19
26
14,561 Sqft
1972
0.30 Acre
Active
1
Features
: Wall Furnace
: Assigned
: Common Area
$0
Address Map
CA
Los Angeles
Hawthorne
90250
Menlo
11520
Avenue
W119° 39' 11.3''
N33° 55' 46.6''
East of Hawthorne Blvd
108 - North Hawthorne
HAR3*
Additional Information
$0
$0
$0
$0
$0
14561
: Multi/Split
25
2026-10-28
3
Broker/Agent Information
Realty Investment Advisors, Inc.
Benjamin J. Hsiang
Listing Information
Alexander Metaxas
CLW-C106183
CLW-X82128
Realty Investment Advisors, Inc.
CLW-X81016
CLW-X82128
Active
2026-11-05T08:14:55Z
CRMLS
: Standard
2026-10-28T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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