14026 Yukon AveHawthorne, CA 90250

This exceptional six-unit apartment building, situated on a spacious 19,507 square foot lot in Hawthorne, California, presents a compelling investment opportunity. The property boasts a total of 5,956 square feet of net rentable space, comprised of one three-bedroom/one-bathroom unit and five two-bedroom/one-bathroom units. Each unit includes washer/dryer hookups and a private garage. Currently operating at 100% occupancy, the property generates a NOI of $63,749, with a current cap rate of 3.98%. However, significant value-add potential exists, with rents approximately 76% below market value. A pro-forma NOI of $143,309 projects a compelling 8.96% pro-forma cap rate and an 8.43 pro-forma GRM. The expansive lot offers substantial future development potential, allowing for the addition of two accessory dwelling units (ADUs) or redevelopment into a thirteen-unit apartment complex. The property benefits from its prime location, approximately one mile from SpaceX and the Tesla Design Center, and three miles from SoFi Stadium and the upcoming Intuit Dome. Nearby employment centers include Northrop Grumman, Los Angeles Times, Hollywood Park Tomorrow, Raytheon, Boeing, and LAX airport. Tenants are responsible for all gas and electricity expenses, while the landlord covers water and trash. The property is subject to AB 1482 rent control regulations, but no local rent control ordinances apply. This property offers a rare combination of immediate income and substantial long-term growth potential in a highly desirable location. The asking price is $1,600,000, representing a price per unit of $266,667 and a price per square foot of $268.64. The property's APN is 4052-029-048 and is zoned HAR4*.