$2,500,000
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12105 York Avenue Hawthorne, CA 90250
Mixed Use
Residence
Beds
Baths
...
Bed/Bath
8,328
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
12105 York Ave is a strategically placed 9-Unit North Hawthorne. The property boasts a strong unit mix of (1) 3-Bed/2-Bath, (5) 2-Bed/2-Bath, (1) 2-Bed/1-Bath, (1) 1-Bed/1-Bath & (1) Nonconforming studio. The 8,328 SF building sits on a 9,844 SF lot and has (4) 2-Car garages in the back of the prope...rty providing parking for tenants.
This building currently has strong in-place income of $15,494/Mo with 35% rental upside - offering immediate value-add potential via renovations + rent increases! Sitting at a 4.38% CAP Rate and a 6.85% Market Cap, this is a great opportunity for any investor looking for a value-add building in a great neighborhood.
Located in a nice pocket of Hawthorne, this property is a short distance from The SpaceX headquarters and offers easy access to the extensive retail and restaurants that Hawthorne has to offer. Considering current income, location & rental upside, 12105 York Ave Ave is a rare opportunity for any CRE Investor or exchange buyer to maximize cash flow potential w/ an appreciating asset.
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MLS#
PW24025563
Property Type
Mixed Use
Year Built
1963
Square Feet
8,328
sq. ft
Lot Size
0.23
Sewer
Public Sewer
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Source: Walk Score®
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