Hawthorne Homes with Apartment Subtype

Hawthorne Homes with Apartment Subtype

Welcome to Hawthorne, California – a hidden gem nestled in the heart of Los Angeles County! Known for its vibrant community and rich cultural diversity, Hawthorne offers a unique blend of urban convenience and suburban charm. With its strategic location just a stone’s throw away from the beautiful beaches of the South Bay, residents enjoy easy access to a variety of recreational activities, shopping, and dining options.

Hawthorne boasts a variety of housing options, with homes featuring the increasingly popular apartment subtype. These residences are perfect for those seeking a comfortable, modern living space that combines the best of both worlds – the privacy of a home with the convenience of apartment-style living. Many of these properties are designed with open floor plans, spacious layouts, and contemporary finishes, making them ideal for families, young professionals, and anyone looking to enjoy the vibrant Hawthorne lifestyle.

The city is also home to a thriving arts scene, numerous parks, and excellent schools, making it a great place for families to settle down. With a strong sense of community and a commitment to growth, Hawthorne is an ideal place to find your next home. Whether you're looking for a cozy apartment or a spacious family home, Hawthorne’s real estate market has something for everyone. Explore the possibilities and discover the charm of Hawthorne – where your dream home is just waiting to be found!

Newest Hawthorne Homes with Apartment Subtype

$7,640,000
SB26196571 MLS Active Status
Offered at $7,640,000, the existing property already generates strong in-place cash flow with an approximately 6.5% current cap rate and 10.26 GRM. The newer 1974-built, 28 unit renovated in 2024, inplace cash flow asset, contains approximately 18,310 square feet on a substantial 19,196-square-foot lot, with 33 on-site parking spaces and a unit mix of 24 one-bedroom and four two-bedroom apartments. The Real Opportunity: 43 Units + 8% Cap Rate. The defining investment story is the property's 15-unit ADU expansion potential. By developing 7 attached ADUs and 8 detached ADUs, an investor has the opportunity to increase the unit count by more than 50%—from 28 units to 43 units—without acquiring additional land. Upon completion of the proposed ADU program, the property is projected to generate an approximately 8.0% Cap Rate after ADU construction costs, 8.73 GRM, 43 total units Approximately $230,000 per door based on the expanded unit count. This creates an opportunity to acquire a stabilized South Bay multifamily asset at a basis that is extremely difficult to replicate through either conventional acquisitions or ground-up development. The property is also strategically located within Hawthorne's major employment corridor, surrounded by some of Southern California's most significant aerospace, technology and entertainment employers, including SpaceX, Tesla, Intuit Dome, SoFi Stadium, YouTube Theater and Kia Forum. 14110 Yukon offers investors something increasingly rare in Los Angeles multifamily: strong cash flow on day one, a sub-10.26 GRM, an approximately 6.5% going-in cap rate, and a clearly defined path to 43 units, an approximately 8.67% stabilized cap rate and an exceptionally low per-unit basis.

14110 Yukon, Hawthorne

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.