11835 Gale Ave, Hawthorne
Seize a rare investment opportunity to own three homes on a huge double lot in North Hawthorne. This meticulously maintained property features three upgraded homes, each showcasing tasteful modern finishes and thoughtful design. Perfect for investors or owner-occupants, this triplex commands above-market rents due to its generous lot size, unit separation, and prime location. There are also two large two-car garages for future ADU potential. The front home, 11829 Gale Ave, has 3 bedrooms and 1 bathroom. The kitchen includes a dishwasher and stacked washer and dryer units. This home has a shed for additional storage in the courtyard behind the house, and a private fenced in front yard with a covered porch large enough for a table and two chairs. The middle home, 11835 Gale Ave, has 3 bedrooms and 1 bathroom. This home has a 2-car garage and a small attached shed with a washer and dryer and extra storage. There is a covered porch large enough for multiple chairs or an outdoor couch and a large table. The back home, 11833 Gale Ave, has 2 bedrooms and 1 bathroom. There are washer and dryer hookups in the kitchen. The home includes a 2-car attached garage and a covered porch large enough for two chairs and a table. The large double lot is well maintained and landscaped and has off street driveway parking for many vehicles. The property is surrounded on the sides and the back by an attractive block wall. The property is half a mile to both the 105 and 405 freeways offering convenience for travel to all that Los Angeles has to offer. You’re also just minutes to the beach cities, LAX, and Sofi Stadium where the Rams play.
Property Details
- Units: 3
- Gross Rent Multiplier: 12.7
- Cap Rate: 4.5
Download Offering Memorandum
Contact Listing AgentPrice
$1,495,000
Annual Income
$117,600
Annual NOI
$67,309
Annual Expense
$44,411
Rental Cost Details
| # OF UNITS | # OF BEDROOMS | # OF BATHS | ACTUAL RENT | TOTAL RENT | PRO FORMA | TOTAL PRO FORMA |
| 1 | 3 | 1 | $3,400 | $3,400 | $3,400 | $3,400 |
| 1 | 2 | 1 | $3,100 | $3,100 | $3,200 | $3,200 |
| 1 | 3 | 1 | $3,300 | $3,300 | $3,500 | $3,500 |
| TOTAL # OF UNITS | TOTAL # OF BEDROOMS | TOTAL # OF BATHS | GRAND TOTAL RENT | GRAND TOTAL PRO FORMA | ||
| 3 | 8 | 3 | $9,800 | $10,100 |
Let’s Discuss This Property
Please fill out the form below and we’ll get back to you as soon as we can.








