12606 Doty Avenue Hawthorne, CA ^$ 1,370,000

12606 Doty Avenue

^$ 1,370,000

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12606 Doty Avenue

Hawthorne, CA, 90250

^$ 1,370,000

Bedrooms7 Baths5.0 Sq 3,843

Monthly Estimate*

^$ 9,570

Listed by Avenue Realty Group

12606 Doty Avenue, Hawthorne, CA 90250 - Image 1

12606 Doty Avenue, Hawthorne, CA 90250 - Image 2

12606 Doty Avenue, Hawthorne, CA 90250 - Image 3

12606 Doty Avenue, Hawthorne, CA 90250 - Image 4

12606 Doty Avenue, Hawthorne, CA 90250 - Image 5

12606 Doty Avenue, Hawthorne, CA 90250 - Image 6

12606 Doty Avenue, Hawthorne, CA 90250 - Image 7

12606 Doty Avenue, Hawthorne, CA 90250 - Image 8

Multi-Family Home for sale in Hawthorne, CA

for $1,370,000 with 7 bedrooms and 5 full baths. This 3,843 square foot home was built in 1948 on a lot size of 0.155.

Major price revision, 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: 5.20% Cap Rate, 5.91% Proforma. Well located just east of Prairie between Jack Northrop Avenue & West El Segundo Boulevard. Access to the 105 and 405 Freeways.

Multi-Family Active

Price

^$ 1,370,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 16,303

Style

Apartment

Lot Size

0.155

Year Built

1948

Town/City

Hawthorne

County/Region

Los Angeles

MLS | Web ID

SB24038244

Days on Market

Features

General

Sewer PublicSewer

Zoning HAR3YY

Garage Spaces 0.0

Pool Features None

Year Built 1948

Tenant Pays Electricity Gas

Stories 1

Levels One Two

Property SubType Apartment

Tax Year 2024

Gross Income 113520.0

Community Features StormDrains StreetLights Suburban Sidewalks Urban

County Los Angeles

Net Operating Income 71274.0

Operating Expense 38876.0

Insurance Expense 3459.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency none

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Just East of Praire Ave located in the first residential pocket between Jack Northrop Avenue & West El Segundo Boulevard.

City Hawthorne

Entry Location 5

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area 699 - Not Defined

Lot Size Square Feet 6750.0

Private Pool N

Waterfront Y/N N

Carport Spaces 5.0

Carport Y/N Y

Number of Units Leased 5

Street Name Doty

Listing Terms Cash CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Tax Annual Amount 16303.0

Electric Expense 420.0

Home Warranty Y/N N

Fuel Expense 2100.0

Trash Expense 1428.0

Water Sewer Expense 3300.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 66

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 2

Total Actual Rent 9360.0

Property Sub Type Additional Apartment

Taxes 17863.0

Cap Rate 5.2

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 5.0

Lot Size Area 6750.0

Number of Buildings 1

Spa N

Building Area Total 3843.0

Lot Size Acres 0.155

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features LaundryRoom SeeRemarks

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 12606

* Excluded Features

List By

Avenue Realty Group

Broker

(310) 872-0963

Phone

Affordability Calculator

$10,928

Per Month

Monthly Principal & Interest: $9,570
Monthly Property Taxes: $1,359
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hawthorne, CA

Average List Price ^$1,637,000

Percent of Sale Price 19%

About Hawthorne, CA

89,736 Population

5% Since 2002

^$47,626 Median Income

34.44 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$1,370,000	-9.87%	Price Down
2/24/2024	$1,520,000		Listed Price

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12606 Doty Avenue, Hawthorne, CA, 90250 is a Multi-Family Home for sale at $1,370,000 with 3,843 sqft and a lot size of 0.155. 12606 Doty Avenue has 7 bedrooms, 5.0 baths, and was built in 1948. The property's zip code is 90250 which is in Hawthorne, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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12606 Doty Avenue

Multi-Family Home for sale in Hawthorne, CA

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