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$1,370,000   Price Analysis
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12606 Doty Ave
Hawthorne, CA 90250
7 bed 5 bath 3,843 SqFt ($356/SqFt)
6,750SqFt lot. Built 1948
Listed 2024-02-24, Taxes $15,163		Ⓧ USDA Ineligible
due to price & location
near Hawthorne

Major price revision

* Has Contingent Offer *

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 and Several Brand 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 plumbng throu ghout. Upgraded electrical panels, new exterior lighting and seismic shut-off valves. Dedicated carport parking for each unit and laundry room. Strong day 1 cash flow with additional rental upside: 5.20% Cap Rate, 5.91% Proforma. Well located east of Prairie between Jack Northrop Avenue and West El Segundo Boulevard. Access to the 105 and 405 Freeways.


Presented by John Mociak at
Avenue Realty Group.


Property MLS #SB24038244 from CRMLS

Bedrooms: 7

Laundry Features: Individual Room

Full Bathrooms: 5

Carport Spaces: 5
Parking Total: 5

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1549587
Lot Size Source: Assessor
Lot Size Square Feet: 6750

Number of Units: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1

Gardener Expense: 1440.00
Maintenance Expense: 2000.00

Number of Units Leased: 5
Tenant Pays: Electricity, Gas
Vacancy Allowance: 3370
Rent Control: Yes

Community Features: Sidewalks, Storm Drains, Street Lights, Suburban, Urban

Annual Tax Amount: 16303.00
Source Listing Status: Active Under Contract
County: Los Angeles
Cap Rate: 5.20
Tax Year: 2024
Other Expense: 1250.00
Source Property Type: Residential Income
Insurance Expense: 3459.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
New Taxes Expense: 17863.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 4049001034
Postal Code Plus 4: 4755
Professional Management Expense: 5616.00
Trash Expense: 1428.00
Zoning: HAR3YY
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$688,521 + $420,470
$1,108,991		$15,163
2021$675,021 + $412,226
$1,087,247		$14,964
2020$668,100 + $408,000
$1,076,100		$14,933
2019$160,063 + $380,845
$540,908		$8,160
2018$156,925 + $373,378
$530,303		$7,822
2017$153,849 + $366,057
$519,906		$7,469
2016$150,833 + $358,880
$509,713		$7,351
2015$148,568 + $353,490
$502,058		$7,194
2014$145,658 + $346,566
$492,224		$7,179
2013$145,000 + $345,000
$490,000		$6,934
2012$228,195 + $253,658
$481,853		$6,800
2010$223,721 + $248,685
$472,406		$6,305
2009$222,577 + $247,414
$469,991		$6,158
2009$222,049 + $246,827
$468,876		$6,158
2008$247,805 + $95,860
$343,665		$4,694
2007$242,947 + $93,981
$336,928		$4,586

Price Changed 2024-04-30
$1,370,000
CRMLS
Listed 2024-02-24
$1,520,000
CRMLS
Sold 2022-05-02
$1,395,000
Public Record
Listing removed 2021-05-07
$0
CRMLS
Listed 2021-02-10
$1,395,000
CRMLS
Sold 2019-03-26
$1,055,000
CRMLS
Relisted 2019-02-24
$995,000
CRMLS
Listing removed 2019-02-19
$0
CRMLS
Listed 2019-02-12
$995,000
CRMLS
Sold 2012-10-23
$490,000
Public Record
Listing removed 2012-09-28
$499,000
CRMLS
Price Changed 2012-08-24
$499,000
CRMLS
Listed 2012-08-03
$535,000
CRMLS

Net Operating Income: 71274.00

Total Square Feet Living: 3843
Year Built: 1948
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 5
Property Age: 76
Property Attached: Yes
Levels or Stories: One, Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Electric Expense: 420.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3300.00
Water Source: Public

Kornblum School is a public elementary school located approximately 0.2 miles away.
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Bud Carson Middle School is a public middle school located approximately 0.8 miles away.
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Leuzinger High School is a public high school located approximately 1.2 miles away.
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AD Astra School is a private elementary and middle school located approximately 0.2 miles away.
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porchhouse_viewlaundry_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.