$5,750,000
$500K PRICE DROP

12914 Doty Ave Hawthorne, CA 90250

Estimated payment $36,116/month

Total Views 8,961
3 Beds
3 Baths
13,093 Sq Ft
$439 Price per Sq Ft

Highlights

  • 0.37 Acre Lot
  • Laundry Room
  • 2-minute walk to Bicentennial Park

About This Home

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.

Listing Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 04/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.37 Acre Lot
  • No Common Walls

Parking

  • 14 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 13,093 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 4050010021
  • $4,079 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 22 Separate Electric Meters
  • 22 Separate Gas Meters

Additional Features

  • 22 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

14

Listing Details

  • CapRate: 6.63
  • Price Per Unit: 261364
  • Property Attached: No
  • Zoning: HAR3*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 4050010021
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 439.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 14.00
  • Total Parking Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 16206.00
  • Lot Size Acres: 0.3720

Multi Family

  • Lot Size Area: 16206.0000 Square Feet
  • Net Operating Income: 381400.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Units Total: 22
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 6025.11
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 4079.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2025 09/18/25 Price Changed $5,750,000 -1.7% $439 / Sq Ft
08/13/2025 08/13/25 Price Changed $5,850,000 -2.5% $447 / Sq Ft
06/09/2025 06/09/25 Price Changed $6,000,000 -4.0% $458 / Sq Ft
04/28/2025 04/28/25 For Sale $6,250,000 0.0% $477 / Sq Ft
08/23/2022 08/23/22 For Rent -- -- --
01/15/2019 01/15/19 Sold $4,420,000 +0.6% $423 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $4,395,000 -- $420 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25093043

California Regional Multiple Listing Service (CRMLS)