12606 Doty Ave., Hawthorne, CA 90250 - SB24038244 - iPro Real Estate

12606 Doty Ave.
Hawthorne, CA 90250

Active, Multi-Family/Income Sale

Price Decrease
For Sale

$1,370,000 $202.96 per sqft

Free Professional CMA

Listing ID : SB24038244

  • Lot Size

    6,750 Sqft
  • Year

    1948

Description

Major price revision, 5 unit apartment building in Hawthorne! Surging rental pocket commanding top rents. In Proximity To SpaceX, Major Local/National Employers, Common Space and Los Angeles Ale Works, & Several New and Exciting Commercial Development Projects. The property layout is (1) 2 bed/1 bath front attached house, (3) 1 bed/1 bath units, and (1) 2 bed/1 bath unit. 4 of 5 units have been nicely rehabbed. Newer roof and master water heater. Copper plumbing throughout. Upgraded electrical panels, new exterior lighting and seismic shut-off valves. Dedicated carport parking for each unit & laundry room. Strong day 1 cash flow with additional rental upside: 5.20% Cap Rate, 5.91% Proforma. Well located just east of Prairie between Jack Northrop Avenue & West El Segundo Boulevard. Access to the 105 and 405 Freeways.

Details

Type: Multi-Family/Income Sale 
Subdivision: 699 - Not Defined 
County: Los Angeles 
Tax ID: 4049001034
Cap Rate: 5.20% 
Gross Rent Multiplier: 12.07 
Days on Market: 92 
AltCal ID: CRSB24038244 
Laundry: In Laundry Room 
Number of Buildings: 1 
Number of Units: 5 
Parking Spaces: 5 
Property Type: Commercial Sale 
Water: District - Public 

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33.925137 -118.339531 $1,370,000 SB24038244
12606 Doty Ave., Hawthorne, CA 90250
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Listed by John Mociak with Avenue Realty Group

Based on information from the MLSListings MLS) as of 5/24/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 5/24/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes