12606 Doty Avenue, Hawthorne, CA 90250
- $1,370,000
- $356
- $1,370,000
- $356
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.
Address
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Address: 12606 Doty Avenue
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City: Hawthorne
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State/county: CA
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Zip/Postal Code: 90250
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Area: 699 - Not Defined
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Country: United States
Details
Updated on May 1, 2024 at 4:26 am-
Property ID SGR-25200635
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Price $1,370,000
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Land Area 6750.00 m²
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Garage 0.00
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Year Built 1948
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Property Type Residential Income
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Property Status For Sale
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Living Area 3843.00
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MLS# SB24038244
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Office Name AVENUE REALTY GROUP
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Agent Name John Mociak
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01708711
Additional details
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Sewer Public Sewer
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Tax Annual 16303.00
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Tax Year 2024
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County Los Angeles
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Property SubType Apartment
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Parking 5.00
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Water Source Public
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