12606 Doty Avenue
Hawthorne, CA 90250
0.16 acres | #SB24038244
Description
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.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories2
Measurements
- Acres0.155
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1948
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,520,000
- Taxes Annual$16,065
Other
- MLS #SB24038244
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: John Mociak (#SBMOCIJOH)
Listing Office: Avenue Realty Group (#SB1388500)
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