$3,550,000
$250K PRICE DROP

12617 Eucalyptus Ave Hawthorne, CA 90250

Estimated payment $22,921/month

Total Views 3,545
12 Beds
11 Baths
10,366 Sq Ft
$342 Price per Sq Ft

Highlights

  • Gated Community
  • No HOA
  • Controlled Entrance
  • 0.29 Acre Lot
  • Forced Air Heating System
  • East Facing Home

About This Home

Presenting “Azure Heights”, an investment gem in the “Hub of the South Bay”. This 1986 built fully gated 15-unit multifamily property has undergone significant capital improvements within the last year, including a roof replacement, fire alarm panel replacement, and electrical main & sub panel replacements. The professionally managed property consists of one large townhouse-style 3bed 1.5 bath unit, fourteen 1bed 1 bath units, a common area laundry room, and 24 covered carport parking spaces. There is ample upside to income growth, especially within the high-demand Hawthorne rental market, making it an ideal fit for investors.

Listing Agent

Mariko Artis

ADW Management USA, Inc. Brokerage Email: mariko.a@re-adworks.com License #02062257 Listed on: 03/04/2026

ADW Management USA, Inc.

Co-Listing Agent, Showing Contact

Tak Kida

Takeshi Kida Brokerage Email: mariko.a@re-adworks.com License #02096893

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 12,704 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 10,366 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 24 Parking Spaces
  • 24 Carport Spaces
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 6 / Z
  • Tax Tract Number 6021
  • Assessor Parcel Number 4041019045
  • $4,395 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Building Details

  • 14 Leased Units
  • 17 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,542
  • Fuel Expense $264
  • Gardener Expense $2,400
  • Insurance Expense $9,699
  • Maintenance Expense $6,000
  • Other Expense $1,000
  • Pest Control $792
  • Professional Management Expense $18,611
  • Trash Expense $8,217
  • Water Sewer Expense $8,839
  • Security Expense $1,297
  • New Taxes Expense $47,412
  • Operating Expense $106,073
  • Gross Income $319,772
  • Net Operating Income $204,106

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.29 Acres

Listing Details

  • CapRate: 5.75
  • Professional Management Expense: 18611.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security Expense: 1297.00
  • Security: Fire Sprinkler System, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s), Gated Community
  • View: No
  • Water Sewer Expenses: 8839.00
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 4041019045
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 342.47

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 24.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Controlled Entrance
  • Total Parking Spaces: 24.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 792.00
  • Sewer: Public Sewer
  • Trash Expense: 8217.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12704.00
  • Lot Size Acres: 0.2916
  • Latitude Manual: 33.91793700

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 1542.00
  • Fuel Expense: 264.00
  • Gross Income: 319772.00
  • Gross Multiplier: 11.10
  • Gross Operating Income: 310178.00
  • Gross Scheduled Income: 319772.00
  • Insurance Expense: 9699.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 996.00
  • Lot Size Area: 12704.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Maintenance Percent: 2.00
  • Net Operating Income: 204106.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 14
  • Number Of Units Total: 15
  • Operating Expense: 106073.00
  • Operating Expense Percent: 33.00
  • Other Expense: 1000.00
  • Other Expense Description: Reserve
  • Other Income1: 3000.00
  • Other Income Description: Parking Income
  • Rent Control: No
  • Total Actual Rent: 292980.00
  • Total Expenses: 106073.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 47412.00
  • Tax Block: Z
  • Tax Lot: 6
  • Tax Tract Number: 6021.06
  • TaxOtherAnnualAssessmentAmount: 4394.56

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $45,178 $3,365,693 $812,407 $2,553,286
2024 $43,401 $3,299,700 $796,478 $2,503,222
2023 $41,810 $3,235,001 $780,861 $2,454,140
2022 $42,402 $3,171,570 $765,550 $2,406,020
2021 $41,846 $3,109,384 $750,540 $2,358,844
2019 $40,384 $3,017,160 $728,280 $2,288,880
2018 $38,910 $2,958,000 $714,000 $2,244,000
2016 $26,920 $2,000,000 $700,000 $1,300,000
2015 $17,038 $1,200,353 $144,909 $1,055,444
2014 $17,008 $1,176,841 $142,071 $1,034,770
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2026 06/02/26 Price Changed $3,550,000 0.0% $342 / Sq Ft
05/04/2026 05/04/26 Off Market -- -- --
03/25/2026 03/25/26 Price Changed $3,700,000 -2.6% $357 / Sq Ft
03/04/2026 03/04/26 For Sale $3,800,000 0.0% $367 / Sq Ft
01/21/2026 01/21/26 For Rent -- -- --
03/05/2025 03/05/25 Off Market $1,850 -- --
10/16/2024 10/16/24 For Rent $1,850 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26042957

California Regional Multiple Listing Service (CRMLS)
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