12415 Cedar Ave, Hawthorne, CA 90250
12415 Cedar Ave, Hawthorne, CA 90250
12415 Cedar Ave, Hawthorne, CA 90250
12415 Cedar Ave, Hawthorne, CA 90250
12415 Cedar Ave, Hawthorne, CA 90250
12415 Cedar Ave, Hawthorne, CA 90250
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$ 2,195,000
Est. payment | /mo

6 Beds

8 Baths

5,048 SqFt


Save
$ 2,195,000
Est. payment | /mo
Save

6 Beds

8 Baths

5,048 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,048 sqft

Price per Sqft $434

MLS Listing ID 26105002

Bedrooms 6

Year Built 1951

Annual Tax Amount $27,438

Lot Size 10,876 Sqft

Acres 0.2497

Property Sub-Type Multi-Family

Property Description

8-Unit Garden-Style Apartment in Highly Desirable Hawthorne Location - West of Prairie Avenue & South of 120th Street | 6 of the 8 Units Extensively Renovated with New Windows, Electrical, Plumbing & Modern Interior Finishes | Main Electrical Panel Upgraded with New Meters for Every Unit | Large 10,876-SF Corner Lot with Excellent ADU Potential (Buyer to Verify) | 6.08% Current Cap Rate & 11.30 Current GRM | 6.58% Pro-Forma Cap Rate & 10.65 Pro-Forma GRM | Unit H Currently Vacant & Undergoing Renovations - Unit B Will Be Delivered Vacant | Recently Painted Property with Tremendous Curb Appeal | Each Unit Features Front & Rear Entrances with Outdoor Space on Both Sides | Located Approximately 1 Mile to SpaceX & Tesla Design Center and 2 Miles to SoFi Stadium & Intuit Dome | Unit Mix of (6) 1-Bedroom/1-Bathroom Units & (2) Studio/1-Bathroom Units | (3) Freestanding 2-Car Garages Totaling 6 Garage Spaces - Potential to Convert Garages into ADUs (Buyer to Verify) | No Local Rent Control - Defaults to AB 1482 | On-Site Laundry Facility Also Used by Neighboring Property - Generating Additional Income* | Strong Neighboring Employment Centers: Northrop Grumman, Boeing, SpaceX & LAX Airport

Location

State CA

County Los Angeles

Area North Hawthorne

Zoning HAR3YY

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Washer, Gas Dryer Hookup

Laundry Room, Laundry Area

Exterior

Parking Features Garage

Garage Spaces 6.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Shield CRE, Inc.

Nearby Locations

Marvin Zayas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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12415 Cedar Ave