$1,099,000
-$120,50012940 Prairie Ave, Hawthorne CA 90250
Multi-Family (4 Units)
Property type
291 days
On market
$335
Price per sqft
0 cars
Garage
1962
Year built
3,450 sqft
Lot size
Home highlights
Open Houses
Overview
Income-Producing Opportunity in the South Bay – Upside Potential Investor opportunity at 12940 Prairie Ave – a solid income-producing property in a prime South Bay location. The building was originally built as mixed-use but has long since been converted to all residential, creating a versatile 4-unit property with an additional studio unit that adds extra income...
Listing provided by: Anthony Warfield DRE #01882977 310-634-9342, REMAX AEGIS
Listing updated: May 27, 2026 at 01:44am.
Last checked: Jun 5, 2026 at 06:00am
Source: CRMLS #SB25176869
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,900 | $1,900 | $2,450 | Unfurnished |
| 1 | 1 | 1 | — | $1,700 | $1,700 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,700 | $1,700 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,765 | $1,765 | $1,900 | Unfurnished |
| 1 | 0 | 1 | — | $900 | $900 | $1,400 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: No
Units Leased: 3
Total Actual Rent: $95,580
Tenant Pays: None
Financial Snapshot
Gross Rent Multiplier
11.5x
List Price / Annual Gross Rent
Cap Rate
7.44%
NOI / List Price
Gross Scheduled Income: $95,580
Operating Expense: $13,830
Net Operating Income: $81,750
Annual Operating Expenses
Electric: $2,240
Fuel: $1,830
Insurance: $3,590
Pest Control: $790
Professional Management: $0
Trash: $3,100
Water / Sewer: $2,280
Other Expense: $790
Interior
Cooling: None
Fireplace: None
Laundry: None
Entry Location: Ground Level
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Flat
Foundation: Slab
Window Features: Double Pane Windows
Construction Materials: Stucco
Common Walls: One Common Wall
Lot Features: Rectangular Lot
Pool: None
Fencing: Block
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned, Carport, Driveway
Garage Spaces: 0
Uncovered Spaces: 1
Carport Spaces: 2
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4050002001
Additional Parcels: No
Tax Lot: 1
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 12940 Prairie Ave, Hawthorne, CA 90250. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$879,200
Total Interest
$1,121,371
Total Payment
$2,000,571
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,852
per month
Property History for 12940 Prairie Ave
Hawthorne Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90250.
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