12940 Prairie Ave Hawthorne, CA 90250
Estimated payment $7,490/month
Highlights
- No HOA
- Energy-Efficient Windows
- Block Wall Fence
- Double Pane Windows
- Rectangular Lot
About This Home
12940 Prairie Ave was built as 4 units for commercial/residential mixed use. However, the commercial space was converted to a residential unit years ago. There is (1) 2-bed/1-bath unit, (3) 1-bed/1-bath units and has a bonus unpermitted 5th studio unit, providing additional income. The rents are below market rates allowing for future upside income. The housing provider pays ALL utilities. There are assigned parking spots for 3 vehicles (1 driveway + 2 carport spaces). The roof was resurfaced not long ago, and all the windows have been upgraded with vinyl double pane. Centrally located in the South Bay, this property is just minutes from the beach cities, LAX, and the new Inglewood Entertainment District. Just a short distance and easy access to the 405 and 105 Freeways, as well as proximity to key employers like SpaceX, Amazon, Boeing and Raytheon, to name a few.
Listing Agent
REMAX AEGIS Brokerage Phone: 310-634-9342 License #01882977 Listed on: 08/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,774
Year Built
- Built in 1962
Lot Details
- 3,450 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Rectangular Lot
Home Design
- Apartment
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- 3,280 Sq Ft Home
- 2-Story Property
- Double Pane Windows
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Parking
- 1 Open Parking Space
- 3 Parking Spaces
- 2 Carport Spaces
- Parking Available
- Driveway
- Assigned Parking
Additional Features
- Energy-Efficient Windows
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 5545
- Assessor Parcel Number 4050002001
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,240
- Fuel Expense $1,830
- Insurance Expense $3,590
- Pest Control $790
- Trash Expense $3,100
- Water Sewer Expense $2,280
- Operating Expense $13,830
- Gross Income $90,900
- Net Operating Income $77,070
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $9,774 | $720,240 | $274,213 | $446,027 |
| 2024 | $9,774 | $706,119 | $268,837 | $437,282 |
| 2023 | $9,432 | $692,274 | $263,566 | $428,708 |
| 2022 | $9,556 | $678,701 | $258,399 | $420,302 |
| 2021 | $9,449 | $665,394 | $253,333 | $412,061 |
| 2020 | $9,104 | $633,000 | $241,000 | $392,000 |
| 2019 | $8,976 | $633,000 | $241,000 | $392,000 |
| 2018 | $10,109 | $742,435 | $396,117 | $346,318 |
| 2016 | $9,646 | $713,607 | $380,736 | $332,871 |
| 2015 | $9,433 | $702,888 | $375,017 | $327,871 |
| 2014 | $9,376 | $689,120 | $367,671 | $321,449 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $1,225,000 | -- | $373 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Western Resources Title | |
| Interfamily Deed Transfer | -- | Western Resources Title Comp | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $385,000 | Fidelity Long Beach | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Grant Deed | $260,000 | Fidelity Title | |
| Trustee Deed | $227,620 | -- | |
| Grant Deed | $265,000 | Continental Lawyers Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,000 | New Conventional | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $386,220 | FHA | |
| Previous Owner | $220,000 | Commercial | |
| Previous Owner | $202,000 | Commercial | |
| Previous Owner | $153,000 | Commercial | |
| Closed | $85,500 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25176869
APN: 4050-002-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 3926 W 132nd St
- 13011 Doty Ave Unit 44
- 12945 Jefferson Ave
- 4127 W 130th St
- 12914 Doty Ave
- 3857 W 135th St
- 13325 Kornblum Ave
- 12612 Kornblum Ave
- 13424 Washington Ave
- 13437 Kornblum Ave Unit D
- 12515 Cedar Ave
- 12506 Kornblum Ave
- 12415 Cedar Ave
- 4264 W Broadway
- 12115 York Ave Unit 2
- 13743 Cordary Ave
- 12026 York Ave
- 3929 W 119th Place
- 3332 W 134th St
- 11925 Doty Ave
- 13025 Roselle Ave Unit 4
- 12830 Prairie Ave
- 4022 W 130th St
- 4040 W 130th St Unit 1
- 4035 W 132nd St
- 4046 W 132nd St
- 12938 Jefferson Ave
- 12829 Doty Ave
- 12926 Doty Ave Unit 29
- 13400 Cordary Ave Unit 28
- 13300 Doty Ave
- 12700 Freeman Ave
- 13227-13233 Kornblum Ave
- 13020 Kornblum Ave
- 13508 Doty Ave
- 13614 Cordary Ave
- 4239 W Broadway Unit A
- 4239 W Broadway Unit B
- 4239 W Broadway
- 13637 Cordary Ave