Multifamily
12914 Doty Ave
12914 Doty Ave, Hawthorne, CA 90250
Listing Price: $6,250,000
Investment Overview
Marcus & Millichap is pleased to present to market the 22-unit apartment building located at 12914 Doty Avenue in Hawthorne, California. This 1985 construction boasts near-market rents and four newly constructed ADU’s, making it a great acquisition opportunity for an investor looking for a newer constructed asset with attractive in-place cash flow. Furthermore, an in-place RUBS program significantly reduces owner expenses.
12914 Doty Avenue features a mix of three studios, 14 one-bed/one-bath units, one two-bed/one-bath unit, and four two-bed/one-bath ADU’s. The property also offers controlled access, on-site laundry, and ample parking.
The property is well-located in Hawthorne, a majority-renter market, one block from Kornblum Elementary School and Hawthorne Memorial Park, conveniently near major employers such as SpaceX and the Hawthorne Airport, and proximate to freeways.
12914 Doty Ave
Investment Highlights
- 22-Unit Apartment Building With Four New ADU's Offered at a 6.00 Percent Current Cap Rate
- 1985 Construction With One Two-Bedroom Unit, 14 One-Bedroom Units, Three Studios, and Four Brand New Two- Bedroom ADU's
- RUBS Program Significantly Reduce Owner Utility Expenses
- Amenities Include On-Site Laundry, Ample On-Site Parking and Controlled Access
- Recent Improvements Include Interior Upgrades, Laminate Flooring and Plumbing Upgrades
Exclusively Listed By
Listing Price: $6,250,000
Investment Highlights
- 22-Unit Apartment Building With Four New ADU's Offered at a 6.00 Percent Current Cap Rate
- 1985 Construction With One Two-Bedroom Unit, 14 One-Bedroom Units, Three Studios, and Four Brand New Two- Bedroom ADU's
- RUBS Program Significantly Reduce Owner Utility Expenses
- Amenities Include On-Site Laundry, Ample On-Site Parking and Controlled Access
- Recent Improvements Include Interior Upgrades, Laminate Flooring and Plumbing Upgrades
Investment Overview
Marcus & Millichap is pleased to present to market the 22-unit apartment building located at 12914 Doty Avenue in Hawthorne, California. This 1985 construction boasts near-market rents and four newly constructed ADU’s, making it a great acquisition opportunity for an investor looking for a newer constructed asset with attractive in-place cash flow. Furthermore, an in-place RUBS program significantly reduces owner expenses. 12914 Doty Avenue features a mix of three studios, 14 one-bed/one-bath units, one two-bed/one-bath unit, and four two-bed/one-bath ADU’s. The property also offers controlled access, on-site laundry, and ample parking. The property is well-located in Hawthorne, a majority-renter market, one block from Kornblum Elementary School and Hawthorne Memorial Park, conveniently near major employers such as SpaceX and the Hawthorne Airport, and proximate to freeways.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
