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Listed by: Armin Soleimani (310) 666-2246 DRE #01846872, Julio Ruiz DRE #01911261 | Global Platinum Properties, Inc. (424) 394-1030
$8,800,000
30 Beds
- 28 Baths
18,310sqft
14110 Yukon Ave, Hawthorne, CA 90250
$8,800,000
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Multi Family
Built in 1974
$-- HOA
19,201 sqft lot
$481/sq.ft
Description
Huge 600k Price Reduction! Newer 28 units with 33 parking spaces built in 1974 & Renovated in 2024 cash flowing at an amazing Current Cap Rate of 6.5% from day 1! Preliminary plans to add 15 ADUs to achieve an incredible 9.2% Cap Rate, 8.2 GRM, and only 235k/unit after taking into account all the construction costs (~1.3M assuming $250/SF). The preliminary plans call for 7 attached ADUs in the garage/storage area + 8 detached ADUs over the pool area while still maintaining ~25 parking spaces for the residents. Excellent unit mix consisting of 4 (2bed/1bath) units and 24 (1bed/1bath) units. Majority of the units have been completely renovated and boast a high-end aesthetic...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1974
HOA Fees
-
Finished Area
18,310 sqft
Lot Size
19,201 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25618347
MLS Status
Active
Days on Market
29
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