Hawthorne, CA 90250,12606 Doty AVE
Hawthorne, CA 90250,12606 Doty AVE
Hawthorne, CA 90250,12606 Doty AVE
Hawthorne, CA 90250,12606 Doty AVE
Hawthorne, CA 90250,12606 Doty AVE
Hawthorne, CA 90250,12606 Doty AVE
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$1,300,000

$1,350,000

3.7%
Est.Price: ?

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Est. payment /mo

6,751 Sqft Lot


SOLD DATE : 10/23/2024

Key Details

Sold Price $1,300,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24038244

Sold Date 10/23/24

HOA Y/N No

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

Interior

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

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Mociak • Avenue Realty Group
Bought with Jonathan Rawson • Avenue Realty Group
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