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$6,250,000
Est. payment /mo
0.37 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25093043
HOA Y/N No
Year Built 1985
Lot Size 0.372 Acres
Property Sub-Type Mixed Use
Property Description
This 1985 construction boasts near-market rents and four newly constructed ADU's, making it a great acquisition opportunity for an investor looking for a newer constructed asset with attractive in-place cash flow. Furthermore, an in-place RUBS program significantly reduces owner expenses.
12914 Doty Avenue features a mix of three studios, 14 one-bed/one-bath units, one two-bed/one-bath unit, and four two-bed/one-bath ADU's. The property also offers controlled access, on-site laundry, and ample parking.
The property is well-located in Hawthorne, a majority-renter market, one block from Kornblum Elementary School and Hawthorne Memorial Park, conveniently near major employers such as SpaceX and the Hawthorne Airport, and proximate to freeways.
12914 Doty Avenue features a mix of three studios, 14 one-bed/one-bath units, one two-bed/one-bath unit, and four two-bed/one-bath ADU's. The property also offers controlled access, on-site laundry, and ample parking.
The property is well-located in Hawthorne, a majority-renter market, one block from Kornblum Elementary School and Hawthorne Memorial Park, conveniently near major employers such as SpaceX and the Hawthorne Airport, and proximate to freeways.
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HAR3*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Suburban
Total Parking Spaces 14
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4050010021
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker • steve.bogoyevac@marcusmillichap.com
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