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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 Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 13,093 sqft
Price per Sqft $477
MLS Listing ID PW-25093043
Year Built 1985
Lot Size 0.372 Acres
Property Sub-Type Commercial/Residential
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
Area 110 - East Hawthorne
Zoning HAR3*
Interior
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 14.0
Pool None
Community Features Suburban
Building
Lot Description Lot 10000-19999 Sqft
Sewer Public Sewer