Major price revision & updated lending packages! 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: 5.30% Cap Rate, 6.02% Proforma. Well located just east of Prairie between Jack Northrop Avenue & West El Segundo Boulevard. Access to the 105 and 405 Freeways.
Sold for $1,300,000 on 10/23/24
Listing Provided by:
John Mociak DRE #01708711 310-872-0963,
Avenue Realty Group
Bought with: Avenue Realty Group
$1,300,000
12606 Doty Ave, Hawthorne, CA 90250
7beds
5baths
3,843sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$338/sqft
$5,122 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,122/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 09:28pm
Listing Provided by:
John Mociak DRE #01708711 310-872-0963,
Avenue Realty Group
Bought with:
Jonathan Rawson, DRE #02010400
Avenue Realty Group
Source: CRMLS,MLS#: SB24038244
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Appliances
- Laundry: Laundry Room, See Remarks
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,843
- Total interior livable area: 3,843 sqft
Property
Parking
- Total spaces: 5
- Parking features: Carport
- Carport spaces: 5
Features
- Levels: One,Two
- Stories: 1
- Entry location: 5
- Pool features: None
Lot
- Size: 6,750 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4049001034
- Zoning: HAR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban
Location
- Region: Hawthorne
HOA & financial
Other financial information
- Total actual rent: 9360
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2024 | Sold | $1,300,000-3.7%$338/sqft |
Source:  CRMLS #SB24038244 | ||
| 8/25/2024 | Pending sale | $1,350,000$351/sqft |
Source: CRMLS #SB24038244 | ||
| 8/10/2024 | Listed for sale | $1,350,000-1.5%$351/sqft |
Source: CRMLS #SB24038244 | ||
| 6/11/2024 | Contingent | $1,370,000$356/sqft |
Source: CRMLS #SB24038244 | ||
| 4/30/2024 | Price change | $1,370,000-9.9%$356/sqft |
Source: CRMLS #SB24038244 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,465 -8.6% | $1,285,000 -11.5% |
| 2024 | $19,104 +3.8% | $1,451,358 +2% |
| 2023 | $18,410 -1.5% | $1,422,900 +28.3% |
Find assessor info on the county website
Neighborhood: North Hawthorne
Nearby schools
GreatSchools rating
- 3/10Kornblum SchoolGrades: K-5Distance: 0.2 mi
- 6/10Bud Carson Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Leuzinger High SchoolGrades: 9-12Distance: 1.2 mi
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