Hawthorne Homes with Apartment Subtype

Hawthorne Homes with Apartment Subtype

Welcome to Hawthorne, California—a vibrant city nestled in the heart of Los Angeles County. Known for its diverse community and rich cultural heritage, Hawthorne offers a unique blend of urban convenience and suburban charm. With its close proximity to the bustling streets of Los Angeles, residents enjoy easy access to world-class dining, shopping, and entertainment. Hawthorne is also home to beautiful parks, such as the scenic Hawthorne Memorial Park, providing ample green space for outdoor activities and family gatherings.

When it comes to housing, Hawthorne boasts an array of options, particularly for those interested in homes with an apartment subtype. These versatile properties are perfect for multi-generational living, investment opportunities, or simply maximizing your living space. Many of these homes feature modern amenities, spacious layouts, and private entrances, making them ideal for families or individuals seeking a blend of comfort and convenience.

The real estate market in Hawthorne is thriving, with a variety of apartments and homes available at competitive prices. Whether you’re a first-time homebuyer or looking to expand your investment portfolio, you’ll find plenty of options that cater to your needs. The city’s commitment to community development and improvement ensures that Hawthorne remains an attractive place to live, work, and play.

Explore the possibilities in Hawthorne, where the warmth of community meets the excitement of urban living. Discover your ideal home with an apartment subtype today, and embrace the lifestyle that this charming city has to offer!

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.