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Pamela Ratcliffe

pam@teamratcliffe.com +1(619) 981-5606

$ 1,350,000

Est. payment -/mo

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Pending

12606 Doty AVE Hawthorne, CA 90250

3,843 SqFt

UPDATED:

09/30/2024 06:31 PM

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

HOA Y/N No

Year Built 1948

Annual Tax Amount $16,065

Tax Year 2024

Lot Size 6,751 Sqft

Acres 0.155

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

Fireplace No

Laundry Laundry Room, See Remarks

Exterior

Carport Spaces 5

Pool None

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

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 4049001034

Energy Description 2100.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by John Mociak • Avenue Realty Group

Pamela Ratcliffe

Agent | License ID: 01152227

+1(619) 981-5606

Pamela Ratcliffe

12606 Doty AVE Hawthorne, CA 90250

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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12606 Doty AVE