14110 Yukon Avenue, Hawthorne, CA, CA 90250
- $7,640,000
- 30
- BD
- 28
- BA
- 18,310
- SqFt
- List Price
- $7,640,000
- Status
- ACTIVE
- MLS#
- 26865497
- County
- Los Angeles
- Year Built
- 1974
- Bedrooms
- 30
- Bathrooms
- 28
- Building Square Feet
- 18,310
- Square Feet
- 19,201
- Days on Market
- 1
- Property Type
- Multifamily
- Stories
- Three Or More Levels
Property Description
Huge 1.75M Price Reduction! Newer 28 units with 33 parking spaces built in 1974 & Renovated in 2024 cash flowing at an amazing 7% Current Cap Rate from day 1! Preliminary plans to add 15 ADUs to achieve an incredible 9.8% Cap Rate, 7.7 GRM, and only 208k/unit after taking into account all the construction costs (~1.3M assuming $250/SF). The preliminary plans call for 7 attached ADUs in the garage/storage area + 8 detached ADUs over the pool area while still maintaining ~25 parking spaces for the residents. Excellent unit mix consisting of 4 (2bed/1bath) units and 24 (1bed/1bath) units. Majority of the units have been completely renovated and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated pool, on-site laundry facilities, secured entry, and 33 covered parking spaces for convenience. Huge almost ~20,000 SF lot for future development potential. Located in the heart of Hawthorne just minutes away from the Beach, Tesla Design Center, SpaceX, Starlink, Northrop Grumman, LAX, Intuit Dome, SoFi Stadium and more.
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Additional Information
- Parcel Number
- 4052029051
- Net Operating Income
- $534,694
- Number of Buildings
- 2
- Appliances
- Microwave, Refrigerator
- Heat
- Wall Furnace
Listing courtesy of Listing Agent: Julio Ruiz (ziuroiluj@gmail.com) from Listing Office: Global Platinum Properties, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.