North Hawthorne (108) Homes with Multi Level Stories

North Hawthorne (108) Homes with Multi Level Stories

Welcome to North Hawthorne, a vibrant and charming neighborhood nestled in the heart of Hawthorne, California, within the sprawling Los Angeles County. This hidden gem is known for its friendly community, diverse culture, and convenient access to the best that Southern California has to offer. With its close proximity to major freeways, residents enjoy easy commutes to downtown Los Angeles, the beach cities, and beyond, making North Hawthorne an ideal place for families, young professionals, and retirees alike.

One of the standout features of North Hawthorne is its stunning array of multi-level homes. These architectural treasures provide not only ample living space but also a unique charm that caters to modern lifestyles. Imagine coming home to a beautifully designed multi-level residence where each floor offers a distinct ambiance. Whether you’re entertaining guests in an open-concept living area or enjoying a quiet evening in a cozy upstairs loft, these homes are designed to enhance your everyday living experience.

The neighborhood itself is dotted with lush parks, excellent schools, and a variety of shopping and dining options. Residents can enjoy weekend strolls through tree-lined streets or partake in community events that foster a strong sense of belonging. With its blend of comfort, convenience, and character, North Hawthorne is more than just a place to live; it’s a place to thrive.

Explore the possibilities that await you in North Hawthorne, where multi-level homes are just the beginning of a wonderful lifestyle in one of Los Angeles County's most inviting neighborhoods.

Newest North Hawthorne (108) 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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