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12105 York Avenue

Hawthorne, 90250

0 Bd
0 Ba
9,854 Lot
$2,500,000 Current Price
Active Status
84 Days on Market
Feb 8 First Day Active
$2,500,000 Start Price

Description

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 4.38% CAP Rate and a 6.85% 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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Property Details for 12105 York Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Woody Stahl
Listing Brokered By
Lyon Stahl Investment Real Est
Type
Residential Income, Mixed Use
Year Built
1963 (Assessor)
MLS Area
108 - North Hawthorne

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
84 DOM
Combined DOM*
84
First Date Active
February 8th, 2024
Current Price
$2,500,000
Orig. List Price
$2,500,000
MLS® #
PW24025563
APN
4046007020
Special
Standard

Room Information

Laundry
CommonArea

Exterior Information

Lot Description
6-10 Units/Acre
Lot Size (sq. ft.)
9,854
Lot Size (acres)
0.23
Pool
None
Parking Spaces
8
Garage Spaces
8

Utilities Information

Water Source
Public

Additional Information

Zoning
HAR3YY
Buyer's Brokerage Fee
2.000
Co-Agent
Brett Lyon
Co-Agent Office
Lyon Stahl Investment Real Estate, Inc.

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
108 - North Hawthorne
City/State
Hawthorne
Zip Code
90250
County
Los Angeles
# of Units
9
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Listing/Price History

12105 York Avenue, Hawthorne, (MLS® #PW24025563)

Date Details Price Change
First Day Active $2,500,000
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Listing Summary

Quick Summary of 12105 York Avenue: This home in Hawthorne is priced at $2,500,000 . The Mixed Use residence was originally built in 1963 and was listed on February 8th, 2024 at $2,500,000, showing 84 Days on Market currently. Contact Dave Fratello today for more information or to go see 12105 York Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 11:35pm 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.