14110 Yukon Ave - Apartments FOR SALE


Hawthorne, CA 90250
$7,640,000 USD
310-259-7556
14110 Yukon Ave, Hawthorne, CA for Sale
$7,640,000 USD
Apartments - FOR SALE
1/34
null | 6.5% Cap Rate

14110 Yukon Ave
Hawthorne, CA 90250


HIGHLIGHTS

  • 28 units built in 1974 & renovated in 2024 cash flowing at 7% Cap Rate from day 1!
  • 15 Unit ADU expansion potential with 8.20% Cap Rate and 8.81 GRM
  • Prime Hawthorne location minutes from the Beach, Tesla, SpaceX, SoFi Stadium

OVERVIEW

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, in place 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 RateThe 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.

FOR SALE DETAILS

PRICE

$7,640,000 USD

PRICE/SF

$417 USD /SF

# OF UNITS

28

PRICE/UNIT

$272,857

CAP RATE

6.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renovated 28 Units 7% Cap + Plans 15 ADUs

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

HAR4*

APN/PARCEL ID

4052-029-051

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.