Hawthorne, CA 90250,12606 Doty AVE
Hawthorne, CA 90250,12606 Doty AVE
Hawthorne, CA 90250,12606 Doty AVE
8
$1,300,000
$1,350,000
3.7%
Est.Price: ?

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6,750 Sqft Lot

12606 Doty AVE Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 10/23/2024

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Key Details

Sold Price $1,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRSB24038244

Sold Date 10/23/24

Originating Board California Regional MLS

Year Built 1948

Lot Size 6,750 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

Interior

Laundry In Laundry Room

Exterior

Garage Spaces 5.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 4049001034

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by John Mociak • Avenue Realty Group
Bought with Jonathan Rawson

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Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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