14110 Yukon Ave Active Save Request In-Person Tour Request Virtual Tour
Hawthorne,CA 90250
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,310 sqft
Price per Sqft $480
MLS Listing ID 25586299
Bedrooms 30
Year Built 1974
Lot Size 0.441 Acres
Property Sub-Type Multi-Family
Property Description
Huge 600k Price Reduction! Newer 28 units with 33 parking spaces built in 1974 & Renovated in 2024 cash flowing at an amazing Current Cap Rate of 6.5% from day 1! Preliminary plans to add 15 ADUs to achieve an incredible 9.2% Cap Rate, 8.2 GRM, and only 235k/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 ~34 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.
Location
State CA
County Los Angeles
Area East Hawthorne
Zoning HAR4*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Ceiling Fan
Equipment Microwave, Ceiling Fan, Range/Oven, Refrigerator
Exterior
Parking Features Carport Attached
Garage Spaces 34.0
Building
Story 3
Others
Special Listing Condition Standard