South Bay Income
For Sale
Contact for pricing
Pending
12940 Prairie Ave, Hawthorne, CA 90250
Income-producing 4-unit property with upside potential in the South Bay.
Property SizeContact for details
Days on Market401
Property Features for 12940 Prairie Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
2
Units
4
Listing Agency:
REMAX AEGIS
Listed By:
Anthony Warfield · License #01882977
(310) 634-9342
Source:
Crexi
Added: Aug 1, 2025
Changed: Aug 28
Last Checked: Sep 2 at 6:23PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,875
Businesses Nearby
Explore this area
Business Placement
Demographics for 90250, CA
97,653
Population
34,105
Households
2.9
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
6.8 sq mi
ZIP Area
14,361
Density / Sq Mi
$74,923
Median Household Income
$40,288
Median Earnings
$1,723
Median Rent
$827,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
