Active

12606 Doty Avenue

Hawthorne CA, 90250

$1,370,000


$356.49 per sqft

Active

3,843 sqft

Condo

Built in 1948

Listed by John Mociak with Avenue Realty Group 310-384-8692

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.

SB24038244

MLS ID

February 23, 2024

Listed

May 1, 2024

Updated

Map

12606 Doty Avenue
Hawthorne CA, 90250

Interior Features

Total Stories

1


Laundry Description

Laundry Room, See Remarks


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

699 - Not Defined


Taxes

$16,303


Tax Frequency

Annually


Days on Market

66


Garage

No


Parking Total

5


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

HAR3YY


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/30/2024

Price Change

$1,370,000

-10%

Listing Contact: 310-384-8692 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/1/2024 at 3:42 AM UTC

 

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