12606 Doty AVE Pending

Hawthorne,CA 90250

$ 1350000

- Bed

- Bath

3843 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 3,843 sqft

Price per Sqft $351

MLS Listing ID SB24038244

Year Built 1948

Annual Tax Amount $16,065

Tax Year 2024

Lot Size 6,751 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning HAR3YY

Rooms

Ensuite Laundry Laundry Room,See Remarks

Interior

Laundry Location Laundry Room,See Remarks

Laundry Laundry Room,See Remarks

Exterior

Pool None

Community Features Storm Drain(s),Street Lights,Suburban,Sidewalks,Urban

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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