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13922 Yukon Ave 20 Unit Apartment Building $6,478,151 CAD ($323,908 CAD/Unit) 5.17% Cap Rate Hawthorne, CA 90250



INVESTMENT HIGHLIGHTS
- LISTING BROKER IS ALSO SERVING AS COURT-APPOINTED REFREE. SALE IS SUBJECT TO COURT CONFIRMATION AND POSSIBLE OVERBID. CONTACT BROKER FOR DETAILS.
- Built in 1971, the property is subject only to AB 1482 statewide rent control and is exempt from the Los Angeles Rent Stabilization Ordinance.
- Significant potential to add up to 7 accessory dwelling units through a combination of conversions and new detached structures (buyer to verify)
- Twenty units across two buildings situated on an oversized 19,437 square foot parcel, with a combined building area of approximately 14,305 sq ft.
- Approximately 80 percent of units have been renovated with modern interior upgrades, allowing a new owner to benefit from strong in-place income.
- Centrally located near major South Bay employment centers including SpaceX, Northrop Grumman, Raytheon, Amazon, and Centinela Hospital.
EXECUTIVE SUMMARY
The CREM Group is pleased to exclusively present 13922 Yukon Avenue in Hawthorne, California, a well-maintained 20-unit apartment complex situated in one of the South Bay’s strongest and most accessible rental markets. The property is comprised of two separate two-story buildings situated on a single oversized 19,437 square foot parcel, with a combined building area of approximately 14,305 square feet. The unit mix includes sixteen one-bedroom, one-bathroom units, three two-bedroom, one-bathroom units, and one three-bedroom, two-bathroom unit, averaging over 700 square feet per unit.
The property offers 20 total parking spaces distributed among tuck-under spaces, a rear carport, and a two-car garage located at the front of the site. Each unit is individually
metered for electricity, with all-electric appliances and radiant heating, minimizing shared utility costs for ownership. Approximately 80 percent of the units have been renovated with modern finishes and updated fixtures, allowing a new owner to benefit from stable in-place income while still capturing meaningful rental upside.
13922 Yukon Avenue is not subject to the Los Angeles Rent Stabilization Ordinance and is governed only by the more flexible statewide rent control provisions of AB 1482. With a large 19,437 square foot lot and HAR4 zoning, the property offers substantial potential for additional income through the addition of accessory dwelling units (ADUs). Based on current zoning and state guidelines, up to seven new ADUs may be achievable through a mix of garage or carport conversions and new detached construction, providing a rare opportunity to meaningfully increase both unit count and long-term yield.
Listing broker is also serving as the court-appointed referee for the sale of the property. The sale is subject to court confirmation and may be subject to overbid. Broker makes no representations or warranties regarding the condition, history, or compliance status of the property and shall not be responsible for inspections, repairs, reports, or retrofit
requirements prior to closing. Prospective buyers are advised to conduct their own independent investigations and due diligence to satisfy themselves as to all aspects of the property.
The property offers 20 total parking spaces distributed among tuck-under spaces, a rear carport, and a two-car garage located at the front of the site. Each unit is individually
metered for electricity, with all-electric appliances and radiant heating, minimizing shared utility costs for ownership. Approximately 80 percent of the units have been renovated with modern finishes and updated fixtures, allowing a new owner to benefit from stable in-place income while still capturing meaningful rental upside.
13922 Yukon Avenue is not subject to the Los Angeles Rent Stabilization Ordinance and is governed only by the more flexible statewide rent control provisions of AB 1482. With a large 19,437 square foot lot and HAR4 zoning, the property offers substantial potential for additional income through the addition of accessory dwelling units (ADUs). Based on current zoning and state guidelines, up to seven new ADUs may be achievable through a mix of garage or carport conversions and new detached construction, providing a rare opportunity to meaningfully increase both unit count and long-term yield.
Listing broker is also serving as the court-appointed referee for the sale of the property. The sale is subject to court confirmation and may be subject to overbid. Broker makes no representations or warranties regarding the condition, history, or compliance status of the property and shall not be responsible for inspections, repairs, reports, or retrofit
requirements prior to closing. Prospective buyers are advised to conduct their own independent investigations and due diligence to satisfy themselves as to all aspects of the property.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$549,094
|
$38.38
|
| Other Income |
$2,736
|
$0.19
|
| Vacancy Loss |
$16,555
|
$1.16
|
| Effective Gross Income |
$535,274
|
$37.42
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$200,255
|
$14.00
|
| Net Operating Income |
$335,020
|
$23.42
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $549,094 |
| Annual Per SF | $38.38 |
| Other Income (CAD) | |
|---|---|
| Annual | $2,736 |
| Annual Per SF | $0.19 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $16,555 |
| Annual Per SF | $1.16 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $535,274 |
| Annual Per SF | $37.42 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $200,255 |
| Annual Per SF | $14.00 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $335,020 |
| Annual Per SF | $23.42 |
PROPERTY FACTS
| Price | $6,478,151 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $323,908 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.45 AC |
| Cap Rate | 5.17% | Building Size | 14,305 SF |
| Gross Rent Multiplier | 11.8 | Average Occupancy | 100% |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.4/1,000 SF |
| Zoning | HAR3 | ||
| Price | $6,478,151 CAD |
| Price Per Unit | $323,908 CAD |
| Sale Type | Investment |
| Cap Rate | 5.17% |
| Gross Rent Multiplier | 11.8 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 14,305 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | HAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Storage Space
- Heating
- Kitchen
- Range
- Carpet
SITE AMENITIES
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | 675 |
| 2+1 | 3 | - | 800 |
| 3+2 | 1 | - | 950 |
1 1
PROPERTY TAXES
| Parcel Number | 4052-029-041 | Improvements Assessment | $1,124,531 CAD |
| Land Assessment | $298,333 CAD | Total Assessment | $1,422,864 CAD |
PROPERTY TAXES
Parcel Number
4052-029-041
Land Assessment
$298,333 CAD
Improvements Assessment
$1,124,531 CAD
Total Assessment
$1,422,864 CAD
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13922 Yukon Ave
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