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12940 Prairie Ave Hawthorne, CA 90250

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For Sale
$1,099,000

Income-producing 4-unit property with upside potential in the South Bay.

Type:Multifamily
Added:
Aug 1, 2025
Days on Market:
244
Last Refresh:
Mar 19 at 9:13 pm

Property Features for 12940 Prairie Ave

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Anthony Warfield

Listing agent Anthony Warfield License #01882977

Listing office REMAX AEGIS

Listing date Aug 1, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of REMAX AEGIS


Overview

South Bay Income Property

Located in the South Bay, this income-producing property at 12940 Prairie Ave presents an investor opportunity. Originally built for mixed-use, the building has been converted to all residential, creating a 4-unit property with an additional studio unit. The property features one 2-bed/1-bath unit and three 1-bed/1-bath units, plus a bonus unpermitted studio, providing five income streams. The roof has been resurfaced, and the windows have been replaced with vinyl double-pane. A new water heater has also been installed. The property includes three assigned parking spaces, consisting of one driveway space and a two-car carport. Situated in the heart of the South Bay, the property is located minutes from the beach cities, LAX, and the Inglewood Entertainment District. Commuting is facilitated by access to the 405 and 105 freeways, and the area is close to major employers like SpaceX, Amazon, Boeing, and Raytheon. The property offers current income with room to grow in a strong rental market.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hawthorne
County
Los Angeles
State
California
Longitude
-118.3435119
Latitude
33.9145735

FAQs

What type of property is this?
Quadplex - Income-producing 4-unit property with upside potential in the South Bay.
Where is this quadplex located?
The property is located at 12940 Prairie Ave Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Prime South Bay location, minutes from beach cities, LAX, and Inglewood Entertainment District with easy access to the 405 and 105 freeways.; Income‑producing 5‑unit property (4 units + unpermitted studio) with upside potential through increased rents.; Recent upgrades include resurfaced roof, new vinyl double‑pane windows, and new water heater.
More about this property
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