Properties
Hawthorne, CA 90250 12617 Eucalyptus Avenue
$3,700,000
15 more
Presented By: Mariko Artis with ADW Management USA, Inc.; mariko.a@re-adworks.com
Baths • 1
SQFT • 10,366
Home Details
Presenting “Azure Heights”, an investment gem in the “Hub of the South Bay”. This 1986 built fully gated 15-unit multifamily property has undergone significant capital improvements within the last year, including a roof replacement, fire alarm panel replacement, and electrical main & sub panel replacements. The professionally managed property consists of one large townhouse-style 3bed 1.5 bath unit, fourteen 1bed 1 bath units, a common area laundry room, and 24 covered carport parking spaces. There is ample upside to income growth, especially within the high-demand Hawthorne rental market, making it an ideal fit for investors.
Presented By: Mariko Artis with ADW Management USA, Inc.; mariko.a@re-adworks.com
Interior Features for 12617 Eucalyptus Avenue
Other Interior Features
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories3
Other Rooms
Entry Level1
General for 12617 Eucalyptus Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.4
Carport Spaces24
Carport Y/NYes
CityHawthorne
Community FeaturesStreet Lights, Sidewalks, Gated
CountyLos Angeles
Current FinancingNone
DirectionsAlong Eucalyptus Ave, north of W El Segundo Blvd and south of W Broadway
Electric Expense1543
Entry LocationGround
Facing DirectionEast
Fuel Expense264
Garage Spaces
Garage Y/NNo
Gross Income317012
HOANo
HOA Fee$
HeatingForced Air, Wall Furnace
Insurance Expense9699
Land Lease Y/NNo
LevelsThree Or More
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet12704
Lot Size UnitsSquare Feet
MLS Area108 - North Hawthorne
MaintenanceExpense6000
Net Operating Income199771
New ConstructionNo
Number Of Units Total15
Number of Units Leased15
Open Parking Spaces0
Operating Expense107730
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityHAWTHORNE
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Lot6
Taxes$49,229
Tenant PaysElectricity, Gas
Total Actual Rent313020
Trash Expense8217
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense8839
Year Built1986
Year Built SourceAssessor
ZoningHAR3YY
Exterior for 12617 Eucalyptus Avenue
Building Area Total10366
Foundation DetailsSlab
Lot Features0-1 Unit/Acre
Lot Size Acres0.2916
Lot Size Area12704
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters17
Number of Separate Gas Meters16
Number of Separate Water Meters1
Parking FeaturesAssigned, Controlled Entrance, Carport
Private PoolNo
Road Frontage TypeCity Street
SpaNo
Total Parking24
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
