12606 Doty Avenue, Hawthorne, CA 90250

About this property

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.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$1,300,000

Sold October 2024 · listed $1,350,000, orig. $1,520,000, on market February 2024 · MLS #SB24038244 · Source: CRMLS

Listing Agent: John Mociak · Listing Office: Avenue Realty Group · Contact: 310-872-0963 · Bought with: Jonathan Rawson · Avenue Realty Group

$1,055,000

Sold March 2019 · listed $995,000, on market February 2019 · MLS #SB19033062 · Source: CRMLS

Listing Agent: Tad Thormodsgaard · Listing Office: Palm Realty Boutique, Inc. · Contact: 310-545-2490 · Bought with: Tad Thormodsgaard · Palm Realty Boutique, Inc.

$490,000

Sold October 2012 · listed $499,000, orig. $535,000, on market August 2012 · MLS #S12097507 · Source: CRMLS

Listing Agent: Gary Neely · Listing Office: C-21 Union Realty · Contact: 310-371-6330 · Bought with: Tad Thormodsgaard · Palm Realty Boutique

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