12940 Prairie Ave, Hawthorne, CA 90250
Local realty services provided by:ERA Excel Realty
12940 Prairie Ave,Hawthorne, CA 90250
$1,099,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: anthony warfield
Office: remax aegis
MLS#:SB25176869
Source:CAREIL
Price summary
- Price:$1,099,000
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. Whet...
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Home facts
- Year built:1962
- Listing ID #:SB25176869
- Added:251 day(s) ago
- Updated:April 30, 2026 at 04:22 PM
Structure and exterior
- Roof:Flat/Low Pitch
- Year built:1962
- Lot area:0.08 Acres
- Foundation Description:Concrete Slab
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,099,000
Features and amenities
- Amenities:Double Pane Window(s)
Parking
- Parking description:2 Car Carport, Assigned Spaces, Carport(s), Other
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