MLS® ID: SB19170178

12828 Doty Avenue

Hawthorne, California, 90250

$1,100,000 Pending
  • - SQFT
Excellent income property opportunity with this fully-occupied building in the rising city of Hawthorne. This 1990-built triplex offers highly sought after townhouse-style units that command premium rents. There are two 3-bed/2.5-bath over-sized units with kitchen and living quarters below with half bathroom and three bedrooms/two bathrooms upstairs that sport a master bedroom with ensuite bath. The front unit (shown in the listing pictures) has been completely rehabbed and was rented less than a week. The back unit is 2-bedroom/2-bathroom on one private second-story level that can be brought much higher from its current rent. Each unit comes with two covered carport parking spaces and access to a shared community laundry room. The current CAP is an attractive 4.87% return with loads of upside to a market CAP between 5.5% and 6%, if you choose to rehab the remaining two units. A very easy to manage property that is NOT rent-controlled and has great potential growth prospects fueled by SpaceX and the growing Hawthorne airport. This property offers a compelling current CAP with fabulous upside, premium townhome-style units, and a price per square foot under $300...this is an income opportunity that will not last.
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Listing courtesy of Manhattan Pacific Realty, Inc.

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    90250
  • Office name
    Manhattan Pacific Realty, Inc.
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Triplex
  • Zoning type
    HAR3YY
  • Year built
    1990
  • Lot size
    5399.00
  • Sewer
    Public Sewer
  • Tax year
    0
  • Agent name
    Richard Haynes
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1990-1999
  • Office ID
    SB1292440
  • Agent ID
    SBHAYNRIC2

Location

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