12539 York Ave 5 Unité Immeuble d’appartements 2 488 500 $ CAD (497 700 $ CAD/Unité) 6,52% Taux de capitalisation Hawthorne, CA 90250

ASSET
5-unit apartment located in Hawthorne, west of Prairie Avenue and south of 120th Street. No local rent control – defaults to AB 1482.
The property features an outstanding unit mix of (1) 3-bedroom/2-bathroom + den owner’s units and (4) 2-bedroom/1-bathroom units. The 2-bedroom units were all recently renovated and the front 3-bedroom unit was renovated in 2018. The spacious 3-bedroom unit includes a fireplace, HVAC and washer/dryer hook-ups.
Situated on a 6,561-SF lot, the property has been newly painted and features copper plumbing, new landscaping, 10 tandem parking spaces and an on-site laundry facility which is able to generate additional income. Furthermore, the main sewer line was replaced approximately 11 years ago.
LOCATION
The property is located west of Prairie Avenue and is approximately 1 mile to SpaceX and Tesla Design Center and 2.5 miles to SoFi Stadium and Intuit Dome. Also in short distances are many neighboring employment centers such as Northrup Grumman, Raytheon, Los Angeles Times, SpaceX, Tesla Design Center, Hollywood Park Tomorrow, Boeing, and the LAX Airport.
FINANCIALS
This 5,211-SF apartment presents strong in-place rents with a current cap rate of 6.52% and current GRM of 11.24.

*Title records show the building size as 3,912-square feet however vendor enhanced measurements estimate the building size as 5,211-square feet. Buyer to verify and investigate independently.