Thank you
Woody Stahl
Lyon Stahl Investment Real Est
310-425-9838
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 4.59% CAP Rate and a 7.06% 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.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1963
Building Area Total: 8,328
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2262
Lot Size Source: Assessor
Lot Size Square Feet: 9854
Original List Price: 2,500,000
Listing Contract Date: 2024-02-08
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4046007020
Garage Description: Garage
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 108 - North Hawthorne
Postal Code Plus 4: 4055
Directions: 5 Parcels North of the Corner of W 122nd St and York Ave
Zoning: HAR3YY
Source Property Type: Residential Income
Area: 108 - North Hawthorne
Property SubType: Mixed Use
Property Age: 61
Common Walls: 2+ Common Walls
Structure Type: Mixed Use
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
13406 Lemoli Avenue, Heathrow, CA,90250 | $750,000 | 2 | 1 | 1,588 | 5551 Sqft |
4954 W 118th Street, Heathrow, CA,90250 | $755,000 | 3 | 1 | 1,326 | 5014 Sqft |
13311 Kornblum Avenue, Heathrow, CA,90250 | $4,500,000 | 31 | -- | 16,080 | 20758 Sqft |
3639 W 147th Street, Heathrow, CA,90250 | $929,000 | 3 | 1 | 1,063 | 5201 Sqft |
4372 W 130th Street, Heathrow, CA,90250 | $2,249,000 | -- | -- | 5,899 | 8703 Sqft |
4731 W El Segundo Boule.., Heathrow, CA,90250 | $995,000 | 3 | 2 | 966 | 4473 Sqft |
4203 W 141st Street, Heathrow, CA,90250 | $1,250,000 | 4 | 2 | 2,448 | 8697 Sqft |
12920 Central Avenue #401, Heathrow, CA,90250 | $815,000 | 1 | 1 | 1,160 | 17057 Sqft |
5101 W 133rd Street, Heathrow, CA,90250 | $1,399,000 | 5 | 4 | 2,323 | 6106 Sqft |
11935 Truro Avenue #2, Heathrow, CA,90250 | $900,000 | 4 | -- | 2,200 | 7830 Sqft |
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ByOwner last updated this listing 05/20/2024 @ 04:02
MLS: PW24025563
LISTED BY: Woody Stahl, Lyon Stahl Investment Real Est
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.