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12443 York AVE Hawthorne, CA 90250
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Key Details
Sold Price $1,175,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25222174
Year Built 1947
Lot Size 6,564 Sqft
Property Sub-Type Apartment
Property Description
We are proud to present 12443 York Ave in Hawthorne, a great value-add multifamily investment opportunity featuring a desirable unit mix of three 2-bedroom/1-bath units and two 1-bedroom/1-bath units. The 3,460 SF building sits on a 6,563 SF lot with five carport parking spaces and street-to-alley access, offering strong in-place income with a current CAP rate of 7.22% and significant upside to an 8.45% market CAP rate through rental growth and strategic improvements. The property also offers ADU potential (buyer to verify), creating additional opportunities for value. Well-positioned in a high-demand rental market with convenient access to major employers, freeways, schools, and retail amenities, this 5-unit property is ideal for investors seeking stable cash flow with long-term value potential.
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Interior
Laundry Common Area
Exterior
Parking Features Carport
Pool None
Community Features Sidewalks, Urban
Building
Lot Description 2-5 Units/Acre, Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with John Stiegler II Lyon Stahl Investment Real Estate, Inc.
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