Properties | Villa Gardens
Villa Gardens
131-Unit Apartment Community
3734 W El Segundo Blvd | Hawthorne, CA
Offering Price: $11,900,000
Units: 131
Price per Unit: $90,840
Price per Sq. Ft.: $235,.79
Current CAP: 6.29%
Current GRM: 9.47
Market CAP: 6.61%
Market GRM: 9.17
Year Built: 1961
Lot Size Sq. Ft.: 2.235 Acres
Gross Bldg. Sq. Ft.: 50,468
- Easy Access to the 105, 110 & 405 Freeways
- Located on a Major Thoroughfare ( El Segundo Blvd)
- Quiet, Residential Building in Garden-Style Setting
- Non-Rent Control
- Close Proximity to Los Angeles Airport (LAX)
- Great Amenity Package with Fitness Center, Swimming Pool & Laundry Facility
The Harris Group of Marcus & Millichap is pleased to offer for sale the Villa Gardens community. Villa Gardens is a 131-unit apartment community situated on 2.235 acres. The property was built in 1961 and includes one building, totaling 50,468 square feet. Villa Gardens boasts many community amenities, including fitness center, swimming pool, laundry facility and controlled access. Unit amenities include wall heating, ceiling fans and oven/stove. The property has been well maintained and is comprised of seventy-three (73) studio/one-bathroom, fifty-four (54) one-bedroom/one-bathroom and four (4) two-bedroom/one-bathroom units.
Villa Gardens is located in the City of Hawthorne, adjacent to the 105 (Glenn M Anderson), 110 (Harbor) and 405 (San Diego) Freeways. Hawthorne is located near the Los Angeles International Airport (LAX) and is surrounded by numerous business parks, corporate headquarters and residential communities. The community is bounded by El Segundo to the west, Inglewood to the north and Gardena to the south. Its convenient location allows easy access to everything Southern California has to offer. Hawthorne is home to nearly 87,000 residents who enjoy the city’s favorable balance of residential property and industry. Villa Gardens is within minutes of numerous entertainment and retail venues, including the Ocean Gate Commerce Center, Hawthorne Gateway Center and Hollywood Park.