$2,500,000
12105 York Avenue, Hawthorne 90250
16
Beds
15
Baths
9,854
Lot Size
9
# Of Units
Listing Agent
Woody Stahl - Lyon Stahl Investment Real Est12105 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.
Facts & Features
MLS® # | PW24025563 |
---|---|
Price | $2,500,000 |
Bedrooms | 16 |
Bathrooms | 15.00 |
Lot Size | 9,854 |
Year Built | 1963 |
Type | Residential Income |
Sub-Type | Mixed Use |
Status | Active |
# Of Units | 9 |
Community Information
Address | 12105 York Avenue |
---|---|
Area | 108 - North Hawthorne |
City | Hawthorne |
County | Los Angeles |
Zip Code | 90250 |
Amenities
Parking Spaces | 8 |
---|---|
Parking | Garage |
# of Garages | 8 |
Garages | Garage |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Has Basement | No |
---|---|
Fireplace | No |
# of Stories | 2 |
Exterior
Lot Description | 6-10 Units/Acre |
---|
Additional Information
Date Listed | February 8th, 2024 |
---|---|
Days on Market | 79 |
Zoning | HAR3YY |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Woody Stahl |
---|---|
Office | Lyon Stahl Investment Real Est |