11720 Inglewood AveHawthorne, CA 90250
- Healthcare properties
- 4,301 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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