12940 Prairie Ave, Hawthorne, CA 90250
Local realty services provided by:ERA North Orange County Real Estate
12940 Prairie Ave,Hawthorne, CA 90250
$1,099,000
- - Beds
- - Baths
- 3,280 sq. ft.
- Multi-family
- Active
Listed by: anthony warfield
Office: remax aegis
MLS#:SB25176869
Source:CRMLS
Price summary
- Price:$1,099,000
- Price per sq. ft.:$335.06
About this home
Income-Producing Opportunity in the South Bay – Upside Potential
Investor opportunity at 12940 Prairie Ave – a solid income-producing property in a prime South Bay location. The building was originally built as mixed-use but has long since been converted to all residential, creating a versatile 4-unit property with an additional studio unit that adds extra income potential.
The property currently includes (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, plus a bonus unpermitted studio, giving investors five income streams. Current rents are slightly below market, leaving room for future increases and improved cash flow.
Ownership has already taken care of several key upgrades. The roof was resurfaced recently, the windows have been replaced with vinyl double-pane, and the water heater is new. The housing provider currently pays all utilities, and the property includes three assigned parking spaces (one driveway space and a two-car carport).
Location is a major plus. Situated in the heart of the South Bay, the property is minutes from the beach cities, LAX, and the rapidly growing Inglewood Entertainment District. Commuting is easy with quick access to the 405 and 105 freeways, and the area is close to major employers like SpaceX, Amazon, Boeing, and Raytheon.
Whether you're looking to add to your portfolio or get into South Bay multifamily investing, this property offers current income with room to grow in a strong rental market....
Contact an agent
Home facts
- Year built:1962
- Listing ID #:SB25176869
- Added:209 day(s) ago
- Updated:March 17, 2026 at 12:02 AM
Rooms and interior
- Living area:3,280 sq. ft.
Structure and exterior
- Roof:Flat
- Year built:1962
- Building area:3,280 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Rectangular Lot
- Construction Materials:Stucco
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,099,000
- Price per sq. ft.:$335.06
Parking
- Total parking spaces:3
- Parking description:2 Carport Space(s), Assigned, Carport, Driveway
- Carport spaces:2
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