12828 Doty Avenue, Hawthorne, 90250

Residential Income For Sale

$1,100,000

Beds
Baths
3,709Sqft
.12Acres
1990Built
26DOM
MLS® #: SB19170178
Pending, 26 Days on Market

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.

Price & Status History

Date Details
Status Changed from Active to Pending
Status Changed from Pending to Active
Status Changed from Active to Pending

Essential Information

MLS® #: SB19170178
Price: $1,100,000
Square Footage: 3,709
Acres: 0.12
Year Built: 1990
Type: Residential Income
Status: Pending

Community Information

Address: 12828 Doty Avenue
City: Hawthorne
County: Los Angeles
State: CA
Zip Code: 90250

Amenities

Parking Spaces: 6

Interior

# of Stories: 2
Stories: Two

Exterior

Lot Description: Lawn

Additional Information

Date Listed: August 1st, 2019
Days on Market: 26
Zoning: HAR3YY

Listing Details

Listing Agent: Richard Haynes(01779425)
Listing Office: Manhattan Pacific Realty, Inc.

Financials

$/SqFt: $297

Welcome to this 0 bedroom 0 bath Residential Income in the East Hawthorne (110) section of Hawthorne located at 12828 Doty Avenue built in 1990. It is 0 square feet and the current asking price is $ 1,100,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of September 15th, 2019 at 1:07pm PDT. 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.