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.
For sale
Listing Provided by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker
Price cut: $150K (8/13)
$5,850,000
12914 Doty Ave, Hawthorne, CA 90250
24beds
22baths
13,093sqft
Est.:
Mixed Use
Built in 1985
-- sqft lot
$6,203,900 Zestimate®
$447/sqft
$-- HOA
What's special
- 118 days
- on Zillow |
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