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11720 Inglewood Ave

5,400 SF Health Care Building Offered at £1,879,920 at a 8% Net Initial Yield in Hawthorne, CA 90250

Executive Summary

Seller Will Carry Financing With Strong Down Payment.

Property Facts

Price £1,879,920
Price Per Bed £110,584
Sale Type Investment or Owner User
Net Initial Yield 8%
Sale Conditions Business Value Included
Property Type Health Care
Property Subtype
Congregate Senior Housing
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 0.21 AC
Building Size 5,400 SF
No. Beds 17
Number of Floors 1
Year Built/Renovated 1941/2019
Tenancy Single
Parking Ratio 0.74/1,000 SF

About 11720 Inglewood Ave , Hawthorne, CA 90250

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.

Room Mix Information

Description No. Beds
- 17
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4044-002-011
Land Assessment
£513,990
Improvements Assessment
£171,329
Total Assessment
£685,319

zoning

Zoning Code C (General Commercial)
C (General Commercial)
  • Listing ID: 33220865

  • Date on Market: 08/07/2023

  • Last Updated:

  • Address: 11720 Inglewood Ave, Hawthorne, CA 90250

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