12105 York Avenue, Hawthorne, CA 90250
-
Listed Price :
$2,500,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1963
Property Description
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
12105 York Avenue |
| City |
Hawthorne |
| State |
CA |
| Zip |
90250 |
| County |
Los Angeles |
| Listing Agent |
Woody Stahl DRE #01399621 |
| Co-Listing Agent |
Brett Lyon DRE #01717818 |
| Courtesy Of |
Lyon Stahl Investment Real Est |
| List Price |
$2,500,000 |
| Status |
Hidden |
| Type |
Residential Income |
| Subtype |
Commercial/Residential |
| Structure Size |
N/A |
| Lot Size |
9,854 |
| Year Built |
1963 |
Listing information courtesy of: Woody Stahl, Brett Lyon, Lyon Stahl Investment Real Est. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 16th, 2024 at 8:51 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
