11720 Inglewood AveHawthorne, CA 90250

  • Healthcare properties
  • 4,301 SF
For Sale
$2,400,000 View listing

Property Details for 11720 Inglewood Ave

Year built
1941
Construction
WOOD
Lot size
0.21 AC
Property size (Sq ft)
4,301 SF
Zone code
HACMYY
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
4044-002-011
APU
4044002011

Description

This exceptional commercial property, located at 11720 Inglewood Avenue in Hawthorne, California, presents a unique investment opportunity. The 4,301 square foot facility sits on a 0.21-acre lot at a highly visible, signalized corner. Recently renovated, the property comprises two buildings featuring 17 double-occupancy rooms and 8 bathrooms, all equipped with showers. A commercial-grade kitchen with an adjacent eating area is also included. Its strategic location offers unparalleled accessibility, with convenient proximity to the 405 and 105 freeways, ensuring easy access to LAX, the South Bay area, and major medical centers. The property is priced at $2,400,000. Hawthorne's thriving business environment, coupled with its proximity to key business districts, tech companies, and residential areas, makes this an attractive location for various commercial ventures. The city's evolving infrastructure and community services further enhance its appeal. Given the significant growth in the senior care industry, driven by the aging US population, this property is ideally positioned to capitalize on the increasing demand for senior care, adult day-care, and recuperative care services. The combination of its renovated condition, prime location, and the burgeoning healthcare market presents a compelling investment opportunity with significant potential for high returns.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $971,302
    6.5%
    $896,586
    7%
    $832,544
  • Comparable approach

    Method
    Valuation
    Relative Method
    $940,560
    Geo Method
    $940,560
  • Alternative Use

    Use
    Valuation
    Residential
    $1,137,357
    Hospitality
    $1,041,813
    Educational
    $866,776
    Medical
    $896,586
    Retail
    $1,348,319
11720 Inglewood Ave, Hawthorne, California

Location Insight

City
Hawthorne
County
Los Angeles
State
California
Latitude
33.9275
Longitude
-118.361
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,558
$656,186
$218,727
$874,913
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