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12914 Doty Ave 12914 Doty Ave 22 Unit Apartment Building £4,226,370 (£192,108/Unit) 6.86% Net Initial Yield Hawthorne, CA 90250
INVESTMENT HIGHLIGHTS
- 22-Unit Apartment Building With Four New ADU’s Offered at a 6.86 Percent Current Cap Rate
- RUBS Program Significantly Reduces Owner Utility Expenses
- Recent Improvements Include Interior Upgrades, Laminate Flooring and Plumbing Upgrades
- 1985 Construction With One Two-Bedroom Unit, 14 One-Bedroom Units, Three Studios, and Four Brand New Two- Bedroom ADU’s
- Amenities Include On-Site Laundry, Ample On-Site Parking and Controlled Access
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present to market the 22-unit apartment building located at 12914 Doty Avenue in Hawthorne, California. 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.
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.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
| Price | £4,226,370 | Apartment Style | Low-Rise |
| Price Per Unit | £192,108 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 0.36 ac |
| Yield | 6.86% | Property Size | 13,093 sq ft |
| Gross Rent Multiplier | 10.5 | No. Floors | 3 |
| No. Units | 22 | Year Built | 1985 |
| Property Type | Build-to-Rent | Parking Allocation | 1.99/1,000 sq ft |
| Property Subtype | Apartment | ||
| Use Class | R3, Hawthorne - multiple dwelling zone | ||
| Price | £4,226,370 |
| Price Per Unit | £192,108 |
| Sale Type | Investment |
| Yield | 6.86% |
| Gross Rent Multiplier | 10.5 |
| No. Units | 22 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.36 ac |
| Property Size | 13,093 sq ft |
| No. Floors | 3 |
| Year Built | 1985 |
| Parking Allocation | 1.99/1,000 sq ft |
| Use Class | R3, Hawthorne - multiple dwelling zone |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 14 | - | 708 |
| 2+1 | 5 | - | 987 |
Walk Score®
Easily Walkable (73)
PROPERTY TAXES
| Parcel Number | 4050-010-021 | Total Assessment | £4,007,972 |
| Land Assessment | £1,538,413 | Annual Taxes | -£1 (£0.00/sq ft) |
| Improvements Assessment | £2,469,559 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
4050-010-021
Land Assessment
£1,538,413
Improvements Assessment
£2,469,559
Total Assessment
£4,007,972
Annual Taxes
-£1 (£0.00/sq ft)
Tax Year
2025
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12914 Doty Ave | 12914 Doty Ave
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