We buy apartment buildings in Hawthorne
The Beverly Group is a direct buyer of Hawthorne apartment buildings. Four to a hundred-plus units, bought for our own account, with a written offer in one business day.
What is your building worth?
Get a no-obligation written offer, usually within one day.
Hawthorne is its own city. That changes everything about your sale.
Hawthorne is an independent incorporated city, not part of the City of Los Angeles. So the rules a Los Angeles owner lives with do not apply here. The LA Rent Stabilization Ordinance does not reach Hawthorne. And Measure ULA, the City of Los Angeles transfer tax that adds 4 to 5.5 percent on higher-value sales, does not apply to a Hawthorne sale at all.
What governs a Hawthorne building instead is California’s statewide Tenant Protection Act, AB 1482 — a rent-increase cap and just-cause standard that applies across the state, not a local ordinance layered on top. Worth knowing: two cities that border Hawthorne, Inglewood and Gardena, do have their own local rent control. Hawthorne does not.
A standard transfer tax, not a mansion tax.
Because Measure ULA does not apply, a Hawthorne sale carries the ordinary county documentary transfer tax plus Hawthorne’s own small city transfer tax — a combined $1.65 per $1,000 of value. That is the normal cost of transferring property, not the 4-to-5.5-percent surcharge a comparable sale inside Los Angeles city limits would face.
The South Bay’s manufacturing core, mostly rental.
Two of every three homes in Hawthorne are in multifamily buildings. It is a renter’s city built around industry — SpaceX runs its headquarters and main factory here, and Hawthorne sits directly against Inglewood to the north and five miles from LAX, served by the Metro C Line at the Hawthorne/Lennox station. This is durable rental demand anchored to real employment, not a speculative submarket.
Sixty-nine units, bought as principal.
Our largest single acquisition is a sixty-nine unit building in Hawthorne, bought for our own account — not listed, not brokered to someone else. That is the scale we can take down in the South Bay without a lender contingency and without a marketing period. When we make you an offer on a Hawthorne building, we are buying in a market we already own in.
We buy it in the condition it is in.
Deferred maintenance, a balcony-inspection obligation under the state’s SB 721 law, a rental-business license on a building of five units or more — these are property obligations that pass to whoever owns the building next. We price them into the offer up front and take them on at closing, rather than sending you back to fix them first or chipping the number during escrow.
Our criteria, stated plainly.
If your property fits, you will hear from us within one business day. If it does not, we will tell you that just as quickly rather than sitting on it.
Four steps, start to close.
You reach out
Send the address. Nothing is listed and nothing is public.
We underwrite
We underwrite in-house rather than farming it out, working from the rent roll, the operating expenses and the condition of the building itself.
Written offer
A written offer, with the rent roll and expense assumptions we used spelled out.
Escrow and close
Your escrow and title companies. We handle the file from signature forward.
Find out what your building is worth.
Complimentary, and with no obligation to sell.