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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
$ 6,250,000
Est. payment | /mo
13,093 SqFt
$ 6,250,000
Est. payment | /mo
13,093 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,093 sqft
Price per Sqft $477
MLS Listing ID CRPW25093043
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1985
Lot Size 0.372 Acres
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Community Facility
Building
Water Public
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