855.375.4001
Listed by John Mociak - Avenue Realty Group
$1,370,000 affordable loan icon Calculate Payment

12606 Doty Avenue Hawthorne, CA 90250

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Apartment Residence
Beds
Baths
... Bed/Bath
3,843 Sq. Ft.

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Last updated on 7/7/2024 12:46 AM
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. Continue reading
MLS#
SB24038244
Property Type
Apartment
Year Built
1948
Square Feet
3,843 sq. ft
Lot Size
0.16
Sewer
Public Sewer

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Listed by John Mociak - Avenue Realty Group
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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