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