Active
12105 York AVE
HAWTHORNE CA, 90250
$2,500,000
$300.19 per sqft
Active
16 Beds
15 Baths
8,328 sqft
Multi-family
Built in 1963
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.
PW24025563MR
MLSⓇ ID
February 8, 2024
Listed
September 13, 2024
Updated
Map
12105 York AVE
HAWTHORNE CA, 90250
Interior Features
Total Stories
2
Bedrooms
16
Total Bathrooms
15
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.23 Acres
Sewer
Public Sewer
Other Property Details
Area Name
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
Listed by Woody Stahl with Lyon Stahl Investment Real Est
Listing Contact: 310-425-9838
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024
