12105 York Avenue, Hawthorne CA, 90250

Active

12105 York Avenue

Hawthorne CA, 90250

$2,500,000

$300.19 per sqft

Active

8,328 sqft

Multi-family

Built in 1963

Listed by Woody Stahl with Lyon Stahl Investment Real Est 310-425-9838

12105 York Ave is a strategically placed 9-Unit North Hawthorne. The property boasts a strong unit mix of (1) 3-Bed/2-Bath, (5) 2-Bed/2-Bath, (1) 2-Bed/1-Bath, (1) 1-Bed/1-Bath & (1) Nonconforming studio. The 8,328 SF building sits on a 9,844 SF lot and has (4) 2-Car garages in the back of the property providing parking for tenants.
This building currently has strong in-place income of $15,494/Mo with 35% rental upside - offering immediate value-add potential via renovations + rent increases! Sitting at a 4.38% CAP Rate and a 6.85% Market Cap, this is a great opportunity for any investor looking for a value-add building in a great neighborhood.
Located in a nice pocket of Hawthorne, this property is a short distance from The SpaceX headquarters and offers easy access to the extensive retail and restaurants that Hawthorne has to offer. Considering current income, location & rental upside, 12105 York Ave Ave is a rare opportunity for any CRE Investor or exchange buyer to maximize cash flow potential w/ an appreciating asset.

PW24025563

MLSⓇ ID

February 8, 2024

Listed

March 28, 2024

Updated

Map

12105 York Avenue
Hawthorne CA, 90250

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.23 Acres
Lot Features: 6-10 Units/Acre
Sewer: Public Sewer

Other Property Details

Area Name: 108 - North Hawthorne
Days on Market: 8
Garage: Yes
Garage Spaces: 8
Parking: Garage
Parking Total: 8
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: HAR3YY
Buyer Agency Compensation: 2%

Listing Contact: 310-425-9838

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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.

Data last updated on 3/28/2024 at 3:32 PM UTC